Currency Watch | 2018-08-22

Interesting developments for the US…   There has been quite a few interesting developments in the markets from yesterday Trump Administration It was announced that a former lawyer and former campaign manager were both found guilty of several charges brought against them. This has placed the market in a very cautious tone as the market

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Currency Watch | 2018-08-02

Bank of England is in focus…   There has been quite a few interesting developments in the markets from yesterday TRADE WARS A while back the US administration announced that they are planning to place 10% tariffs on an additional $200bl worth of Chinese goods. Yesterday, US Pres Trump announced that they are now considering

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Currency Watch | 2018-07-31

Asian session got off with a bang…   So, a lot has happened so far in today’s Asian and early European trading session. AUD The AUD got a tremendous boost after much better than expected building approvals. The expectation was for a 0.0% increase and the release came in at a whopping 6.4%. The highest

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Currency Watch | 2018-07-25

The focus has been down under again…   Hi everyone, it has been a while since our last currency watch report. Trading has been really busy the last couple of days with all the geopolitical factors playing a role. Right this morning during the Asian session we had the release of the quarterly CPI for

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Currency Watch | 2018-07-11

And the trade war continues…   During today’s Asian session the main drivers in the market has been an announcement by the US that they will continue with their 10% tariffs on $200bln Chinese products. As a result equities and commodities has been lower across the board due to the risk tone in the market.

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Currency Watch | 2018-07-09

The Dollar is feeling the pressure…   During today’s Asian session the main drivers in the market has been equities and commodities which has been higher across the board due to a weaker Dollar. The Dollar weakened after Friday’s mixed labour data releases. Asset classes such as Equities and Commodities has benefited from the weaker

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Currency Watch | 2018-07-02

Bad news so far for the EUR…   During today’s Asian session the main focus was on the recent political issues concerning Germany. This has placed quite a lot of pressure on the EUR during the Asian and early London session. The recent trade rhetoric has also escalated from last week with Trump accusing the

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Currency Watch | 2018-06-29

Good news so far for the EUR…   During today’s Asian session the main focus was the news that the EU had come to an agreement regarding migration during the recent EU summit. This has been very supportive for the EUR during the Asian session and early London session so far.     Important Scheduled

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Currency Watch | 2018-06-27

Relatively quite trading day …   The market has been relatively quiet during the week so far, except for a few specific currencies. During today’s Asian session the main focus was the recent NBNZ Business Outlook which came out pretty negative for the NZD. For those of you who follow our forecasts will know that

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Currency Watch | 2018-06-25

Slow start to the week so far…   The market has been relatively quiet during today’s Asian session. The risk sentiment has soured again with Pres. Trump tweeting that he wants the EU to remove all their trade barriers and tariffs or else… Also, the US administration further mentioned that they are looking to restrict

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Currency Watch | 2018-06-20

Less risky atmosphere today but the theme still in play overall   The massive risk aversion tone in the market has been receding during today’s Asian session and early London session with equities in Asia and Europe all green across the board.   A pullback after the last two day’s selling could have been expected

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Currency Watch | 2018-06-19

Tit-for-tat trade spats starting to take its toll…Continued   The big focus in today’s Asian session remained the recent trade war rhetoric and actions between Trump and China. After China announced that they would retaliate against the US tariffs, pres Trump responded by saying the US would impose a 10% tariff on another $200bl Chinese

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Currency Watch | 2018-06-18

Tit-for-tat trade spats starting to take its toll…   The big focus in today’s Asian session was recent trade war rhetoric coming from Trump and China. The Trump administration issued tariffs against China to the value of $50b, and China replied in kind by announcing they would retaliate with their own tariffs. The school ground

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Currency Watch | 2018-06-08

All the focus is down under…again   The big focus in today’s Asian session was recent trade war rhetoric coming from Trump against the EU and Canada. As a result, risk assets has really taken a beating, to the benefit of the JPY and CHF. Furthermore, AUD remains on the back foot after yesterday’s data

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Currency Watch | 2018-06-06

All the focus is down under…   The big focus in today’s Asian session was the AUD GDP releases which printed well above expectations. The AUD has been fairly well supported throughout the week so far and we assume that the GDP beat will continue to support the AUD. We would say that the biggest

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