Monthly Archives: April 2015

4.30.15 Currency View.

USD: The U.S. dollar traded slightly higher after today’s FOMC announcement but the gains failed to offset the overall weakness in the greenback. The dollar still ended the day with major losses versus the euro, Swiss Franc, and British pound. … Continue reading

Posted in Macroeconomic & Fondamental Analysis

Daily Currency View 4.29.15

Good Morning; the U.S. dollar is getting crushed ahead of Wednesday’s Federal Reserve meeting. The greenback lost approximately 1% of its value versus the euro and over 2% versus the Australian dollar. The Fed meeting is hands down the most … Continue reading

Posted in Macroeconomic & Fondamental Analysis

“Cable Time.”

Morning All; UK GDP data disappointed the market coming in at just 0.3% growth versus 0.5% eyed and pushed the pair below the 1.5200 level in morning London dealing before it stabilized and rebounded somewhat. The preliminary GDP reading was … Continue reading

Posted in Macroeconomic & Fondamental Analysis