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 Rally Finds Its Tipping Point
May 08 2008
Last night the US dollar went up and so did the oil price. That was too much for Wall Street, which took profits before a SEC announcement accelerated losses in financials. The Dow fell 200.
Which Emerging Currencies Will Benefit From A Stronger US Dollar?
May 07 2008
According to Danske Bank the multi-year trend of the US dollar falling relative to the euro is almost over, so it has looked at what emerging market currencies will strengthen with the greenback.
The Overnight Report: It’s Only A Flesh Wound
May 07 2008
A housing warning from Bernanke, poor financial profit results and US$122 oil ensured the Dow rallied 50 points last night.
Too Early For US Dollar To Rally
May 06 2008
Signs are turning more positive for the US dollar as the Fed is regarded as close to the end of its rate cutting cycle but it remains too early for a sustained rally.
The Overnight Report: Back To Reality
May 06 2008
The Dow fell 88 points last night as the Yahoo deal fell over, oil hit US$120, and doubt was raised about BA’s bid for Countrywide.
The Overnight Report: It Must Be Friday
May 03 2008
A good jobs report kicked off a day that ended in mixed book-squaring ahead of the weekend.
The Overnight Report: Let’s Try That Again
May 02 2008
The Dow returned to break 13,000 last night as the market picked out the good from mixed economic data, cementing the idea that the Fed is on hold. Commodities crashed.
The Overnight Report: Ben The Ambiguous
May 01 2008
Markets were confused and disappointed last night as a 25 point cut was accompanied by a non-committal statement. A strong rally evaporated.
The Overnight Report: All Quiet
Apr 30 2008
Weak economic data offset reasonable earnings reports ahead of tonight’s Fed decision.
The Overnight Report: Squaring Up
Apr 29 2008
Wall Street traded in a narrow range last night as all markets squared up ahead of the Fed decision on Wednesday.
