Monthly Archives: May 2016

Re-pricing June Fed Meeting sends USD higher

 Risk appetite continues to fade from the markets as expectations for a US rate hike grow. Markets are exhibiting all the classic signs of a “taper tantrum”. The DXY climbed sharply to 95.28 from 94.68 on the back of the … Continue reading

Posted in Fx Market

AUD and GBP Opportunities

  With many European markets closed for Whit Monday, it was a relatively quiet and subdued North American session for currencies. The unexpected drop in the Empire State manufacturing survey led to initial losses for the greenback but investors quickly … Continue reading

Posted in Fx Market

After Friday non-farm payrolls

You can kiss the chance of a June Federal Reserve rate hike goodbye after today’s non-farm payrolls report. The U.S. economy added the fewest jobs in 7 months, leaving the unemployment rate at 5%. Investors had been hoping for the … Continue reading

Posted in Fx Market