Apr 27, 2015 14:44 pm UTC| Commentary
Big risk events will set the course for the dollar this week. The main day will be Wednesday when U.S. first quarter growth is due and forecast to slow to a 1 percent annual rise from a 2.2 percent increase in the final...
Apr 27, 2015 14:43 pm UTC| Commentary
A big week for markets started with the loonie keeping toward the stronger end of its range, less than a cent away from January peaks.Markets will take direction from a statement from the Fed on Wednesday and monthly...
Apr 27, 2015 14:43 pm UTC| Commentary
The yen was steady ahead of key meetings of the U.S. and Japanese central banks this week. Neither is expected to tinker with policy but a minority few see the case for Japan to ease policy this week with the economy...
Apr 27, 2015 14:42 pm UTC| Commentary
Sterling clocked a seven-week high above $1.51 for the second session in a row. Recent gains in the pound will be tested by Britains initial estimate of first quarter growth on Tuesday. Forecasts call for growth in Europes...
Apr 27, 2015 14:42 pm UTC| Commentary
The euro drifted below two-week peaks as markets curtailed major bets ahead of the big Fed decision on Wednesday. It also didnt help sentiment for the euro that Fridays Eurogroup meeting was long on talk and short on...
CFTC Speculators FX Positioning as at 21 April, 2015
Apr 27, 2015 11:59 am UTC| Commentary
On the back of a spate of soft US data releases, USD longs softened back to their lowest level for four weeks. That said, from an historical perspective they remain elevated. EUR shorts increased moderately. Although they...
Japan industrial production weak again in March, but recovery trend likely to continue
Apr 27, 2015 07:01 am UTC| Commentary
As the Lunar New Year holiday was later than usual, both production and export were substantially impacted. Production may have been brought forward in order to cope with increased export orders from other Asian nations...