March 10th, 2010 by
Oil and gold prices may decline amid expectations for a sharp increase in borrowing costs as the US Treasury’s monthly budget statement shows the largest monthly shortfall since records began nearly 33 years ago.
Credit:
Oil, Gold May Decline as Monthly US Deficit Hits Record
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March 10th, 2010 by
While most currencies have been consolidating in a tight range since the North American close, Kiwi stands out and has outperformed on the session, with no direct catalyst for the demand other than some pre-RBNZ volatility.
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Opening Comment 03.10
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February 25th, 2010 by
• Euro: Declines in Employment and Confidence Data Adds Weight to Greece Anxieties
• Pound Plunges though the Catalyst and Response Seem Disproportionate
• Japanese Yen May Struggle to Keep its Favorable Risk Bearing as Data Flow Begins
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February 22nd, 2010 by
The markets seem to have now fully digested the latest surprising move by the Fed in which the central bank raised the discount rate by 25bps, with risk appetite back on Monday, as global equities and commodities start out the week on a very healthy note.
Credit:
Opening Comment 02.22
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February 19th, 2010 by
The US Dollar is likely to extend gains against the Euro and the British Pound as European economic data comes in soft, underscoring the likelihood of a relatively hawkish Fed versus the BOE and ECB, while falling stock index futures point to risk aversion.
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Dollar to Extend Gains Against Euro and Pound on Weak Data, Risk Aversion
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February 18th, 2010 by
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Scandi Daily 02.18
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February 16th, 2010 by
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Scandi Daily 02.16
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February 15th, 2010 by
Japan’s GDP advanced the most since March 2008, while the Euro continues to come under selling pressure as traders await a bailout announcement for Greece.
Original post:
Euro Extends Three day Decline Against the Buck as Greece Concerns Persist
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February 5th, 2010 by
Yesterday’s volatility on the back of broader risk aversion lead to several breakout’s-leaving very little range trade opportunities. The EUR/CHF’s unusual overnight price action has created a potential opportunity as it cemented a level of support. At last approach of the prior swing low Swiss policy makers saw fit to depreciate the local currency against the Euro as its continued appreciation threatened curb demand from its largest consumer and increase deflationary pressures.
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SNB Intervention Creates Artificial Range
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January 21st, 2010 by
The US Dollar may extend gains after China’s economic growth and inflation figures topped expectations, hinting that the Asian powerhouse may boost efforts to restrict lending amid fears that the buoyant economy may overheat, weighing on risky assets.
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January 20th, 2010 by
Traditional fundamental concerns do not apply for USDJPY; and this is a major appeal for those looking for a reasonable range setup amid recent volatility and potentially tectonic technical shifts.
The rest is here:
USDJPY Fundamentals may Smooth Out Volatility, Maintain Range
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January 18th, 2010 by
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Scandi Daily 01.18
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January 14th, 2010 by
The Euro is set to take center stage ahead of an interest rate announcement from the European Central Bank. Borrowing costs will likely stay unchanged, with traders looking for comments on easing exit strategies and the debt crisis in Greece.
Excerpted from:
Euro Takes Center Stage as European Central Bank Announces Interest Rates
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January 11th, 2010 by
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January 8th, 2010 by
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Scandi Daily 1.8
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