Monthly Archives: July 2016

A Brutal Week for UsDollar.

This past week was a brutal one for the U.S. dollar.The greenback traded lower against all of the major currencies with particularly stinging losses experienced against the Japanese Yen and New Zealand dollars. USD/JPY dropped from 105.60 down below 102 … Continue reading

Posted in Fx Market

THE BUCK POST FOMC

The dollar continued to be sold in Asian and early European trade in post FOMC reaction as markets became more and more convinced that the Fed has no intention of hiking rates in September despite issuing a generally upbeat communique … Continue reading

Posted in Fx Market

London receives sky-high boost

London received a perfectly timed lift yesterday, as the news broke that London City Airport was given the green light to start its major expansion project; showing the world that the UK is taking a Brexit seriously. The potential for … Continue reading

Posted in Fx Market