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
A Bounce For The US Dollar?
Mar 20 2008
Financial market issues appear far from finished and this implies further weakness in the US dollar but the speed of recent falls means a short-term bounce is possible.
The Overnight Report: Dow Fails, Commodities Crucified
Mar 20 2008
Deleveraging of commodity positions saw a major sell off across the spectrum as Merrills gets the wobbles and nips financials in the bud. The Dow closed down 293.
The Overnight Report: Goldman, Lehman Save The Day
Mar 19 2008
A Fed rate cut of only 75bps was still enough to add impetus to a rally started when Goldman and Lehman beat the Street. The Dow jumped 420 points.
Currency Intervention Odds Tighten
Mar 18 2008
As the Fed steps up its financial market rescue, expectations are increasing that the G7 will be forced to intervene to save the US dollar.
The Overnight Report: Wall Street Agonises Over Whales And Cockroaches
Mar 18 2008
A 21 point rise in the Dow belied another rollercoaster session in which traders tried to decide whether Bear Stearns could have signalled a bottom. The commodities bubble popped in a dash for cash.
Bear Stearns: Whale Or Cockroach?
Mar 16 2008
The temporary bail-out of distressed US investment bank Bear Stearns poses all sorts of problems of its own.
The Overnight Report: Order Breaks Down
Mar 15 2008
There were two casualties of war on Wall Street on Friday – the truth, and Bear Stearns. Dow down 194. Gold over US$1001/oz.
The Overnight Report: Another Bad News-Good News Rollercoaster
Mar 14 2008
It was down, up, and down again on Wall Street to only a small rise while the numbers 111 and 1000 made their debuts.
Assessing The Fed Action
Mar 13 2008
Has the latest Fed move solved anything?
Aussie Dollar Correction Likely In Second Half of 2008
Mar 13 2008
While interest rate differentials have supported Aussie dollar gains against the greenback, CIBC notes cuts are starting to be priced in and this suggests downside risk for the currency.
