News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bearish
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • USD/JPY IG Client Sentiment: Our data shows traders are now at their most net-long USD/JPY since Mar 08 when USD/JPY traded near 103.93. A contrarian view of crowd sentiment points to USD/JPY weakness. https://www.dailyfx.com/sentiment https://t.co/svVkPPHfph
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here: https://t.co/5uSWKoLkd6 https://t.co/ZcSPE0xkvX
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT for insight on London #FX and #CFD trading. Register here: https://t.co/AoM3UvLtcF https://t.co/zKfTmM2Lvn
  • Germany's IFO forecasts - Upgrades 2020 GDP outlook to -5.2% from -6.7% - Downgrades 2021 GDP outlook to 5.1% from 6.4%
  • BoE's Bailey says while negative rates is in the toolbox, this does not imply the BoE would use negative rates $GBP
  • BoE's Bailey says negative rates have been a mixed bag in other countries $GBP
  • BoE's Bailey says the BoE have looked very hard at scope to lower rates further, including negative interest rates $GBP
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.45%, while traders in NZD/USD are at opposite extremes with 69.03%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/xwIu29Mfxl
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here: https://t.co/ADSC4sIHrP https://t.co/qy92JdlDpt
  • BoE's Bailey says labour demand is weak with unemployment higher than its reported number $GBP
Bank Research Consensus Weekly 08.20.12

Bank Research Consensus Weekly 08.20.12

2012-08-20 13:20:00
David Song, Strategist
Share:
Bank_Research_Consensus_Weekly_08.20.12_body_BankResearch.png, Bank Research Consensus Weekly 08.20.12

FX: Relief to the Euro in the Autumn

Arne Lohmann Rasmussen, Chief Analyst, Danske Bank

We expect global economic growth to remain weak but the recent stabilisation in macro surprises suggests that the period of downward revisions is coming to an end. This together with light risk positioning should be enough to secure a stable market but whether the current rebound will extend into Q4 will depend on policymakers.

In our main scenario, Spain asks the European Financial Stability Facility (EFSF) forhelp, the ECB restarts its bond purchase programme, China boosts its stimulus and with a 75/25 probability the Fed delivers QE3. This should reduce the EUR risk premium, lead to further unwinding of long dollar positions and support the cyclical commodity currencies.

Full Story

Rising Rates: A Good Sign

John E. Silvia, Chief Economist, Wells Fargo

Over the past few weeks, the benchmark 10-year Treasury rate has risen. We view this as a good sign for the economy and a move to more rationale pricing, in line with economic fundamentals for fixed income instruments.

Full Story

U.S. – Slowing Inflation Leaves Room for Easing

Michael Dolega, Economist, TD Bank Financial Group

This week further clarified the picture of second quarter global economic momentum, and it appears there is no of escaping the downshift. Japan dented market sentiment on Monday after announcing that GDP growth slowed to a quarter of the pace experienced in the first three months of the year, with consumption and net exports both acting as a drag on growth. Preliminary estimates came in at 0.3% q/q or about half the pace expected by economists. Next up was Europe, which received further confirmation of its economic woes as Q2 output declined by 0.2% q/q in both the euro area and the EU as a whole. The decline was fully expected, especially given that the region remains in the grips of a sovereign debt crisis. In fact, markets reacted positively to the news that Germany and France avoided outright declines between April and June this year.

Full Story

Compiled by David Song, Currency Analyst

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES