Tag Archives: USD

Weekly Economic & Financial Commentary

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

With risk events looming traders scaled back one way bets against most currencies,

Sterling traders adjust strategy after “no” victory The Scotland says “no” to independence, hence the 307-year-old union remains intact.

The Dollar is like the energizer bunny as it continues to bounce back toward its highs even in

As early results trickled in that the Scottish referendum favored a No vote, most Asian equity markets rallied.

After yesterday morning’s post-US FOMC volatility theNZD/USD soon stabilised.

The Dollar forged yet another new high for the move overnight as the news of an on-hold Fed was clearly

EURUSD bounced off overnight lows to trade at 1.2867, AUDUSD similarly stabilized at 0.8966 while USDJPY is at 108.62.

The FOMC statement was little changed from July and

The NZD/USD sits lower this morning, at 0.8120, afterdrifting downward overnight and suffering post-US FOMCvolatility.

Overall, today’s soft inflation data support the Fed’s view that substantial slack still remains in the economy.

The Dollar enters the Wednesday trade action sitting just below the recent consolidation high zone in