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
Inflation Threat To Drive Forex Markets In Coming Months
Jul 07 2008
Danske Bank sees the threat of inflation as the biggest driver of forex markets in coming months as only a few central banks are suitably positioned to fight the threat with higher rates.
The Overnight Report: Trichet Saves The Dollar
Jul 04 2008
After hiking 25 points, the ECB indicated no further hikes, allowing the US dollar to rally and the Dow to bounce back 73.
The Overnight Report: Shooting The General
Jul 03 2008
The Dow fell 166 points last night as oil closed above US$143 and Merrill Lynch suggested General Motors could go bankrupt.
The Overnight Report: Saluting The General
Jul 02 2008
A not-so-bad sales result for General Motors turned around a weak Wall Street last night. The Dow closed up 32.
The Overnight Report: A Quiet End
Jul 01 2008
The first half came to an end last night with oil and the Dow barely changed.
The Overnight Report: Must Oil Reach US$150?
Jun 28 2008
Oil hit US$142.99 on Friday before settling at US$140.21. The Dow lost 106.
The Overnight Report: Powerful Words And New Lows
Jun 27 2008
Broker downgrades hit Wall Street last night before OPEC called oil to US$170 on a weak US dollar. Oil hit US$140. The Dow fell 358.
The Overnight Report: No More Cuts
Jun 26 2008
The Fed left the cash rate unchanged, as expected, while suggesting a more hawkish bias. An unchanged Dow belied a 0.6% rise in the broad market and a 1.4% gain in the Nasdaq.
The Overnight Report: Bring On The Fed
Jun 25 2008
It was another choppy night on Wall Street ahead of tonight’s Fed rate decision. The Dow lost 34 points.
The Overnight Report: Tit For Tat
Jun 24 2008
The Dow closed unchanged last night, but it wasn’t all about a quiet market. A strong energy sector was offset by ever more weakness in financials. Gold took a dive.
