Currencies
Trump Inauguration Takes Centre Stage
Market analysts at FXCM asses likely responses in major currencies and the gold price as the Trump presidency looms.
Jan 17 2017
May Slays The Pound
The British pound has tanked again ahead of Theresa May’s Brexit plan speech. Whereto from here?
Jan 16 2017
ECB: Alice In Wonderland
Kathleen Brooks of City Index dissects some of the bizarre implications stemming from late night’s ECB policy announcements.
Dec 09 2016
Previous Stories
The Overnight Report: The Best Of Times, The Worst Of Times
Nov 01 2008
Equity markets closed higher at the end of what has been one of their best weeks ever. The same cannot be said for metals.
The Overnight Report: The Rally Holds
Oct 31 2008
The US third quarter GDP was not as bad as expected allowing the Dow to gain 190 points.
The Overnight Report: Deja Vu
Oct 30 2008
When the Dow rallied 936 points in October 13 it fell 76 points on October 14. After an 889 point rally on Tuesday the Dow fell 74 points last night. The Fed delivered a 50 point cut as expected.
The Overnight Report: Let’s Try This Again
Oct 29 2008
For the second time this month Wall Street has provided a spectacular rally, with the Dow rising almost 900 points in the session.
Authorities To Intervene In Yen, Aussie Dollar
Oct 28 2008
The Reserve Bank of Australia has been a rumoured buyer of Aussie dollars this week and the Japanese are also expected to intervene.
Further Falls Expected For The Euro
Oct 28 2008
Given the state of European bank balance sheets and the poor technical picture, CIBC World Markets expects the euro to fall further.
The Overnight Report: Base Metals Bounce Hard
Oct 28 2008
The Dow fell 200 points – all in the last ten minutes – as buyers remained tentative. Base metals, however, put in some extraordinary reversals.
Forex Forecasts Don’t Favour Aussie
Oct 27 2008
De-leveraging and lower oil prices should be good for the USD and in the shorter-term the yen, but not the Aussie, says Danske.
The Overnight Report: Armageddon Overruled
Oct 25 2008
The Dow closed down 300 points on Friday, once again rallying 200 points from its lows. Wall Street has nevertheless been left wondering what might have been.
US Dollar Rally May Have Further To Run
Oct 24 2008
While much of the recent US dollar buying has been related to investors chasing safe havens other factors may see the run continue.
