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Euro rebounds as markets find relative calm

After the Monday Mayhem from the Turkey contagion, a sense of calm descended on FX markets during today’s Asian session. USD/TRY headed lower from its record high yesterday as the markets digested the impact and effectiveness of the central bank’s measures announced yesterday. Selling of emerging currencies eases The move in USD/TRY prompted other emerging…

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OANDA Market Beat Risk Aversion Boosts Dollar

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat as we cover the hottest trends impacting the markets in the week…

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OANDA Market Insights podcast (episode 27)

OANDA Senior Market Analyst Alfonso Esparza reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s biggest stories: US sanctions against Iran, Turkish lira collapse after steel sanctions and market reaction to UK GDP data Big revisions offset July miss on payrolls Another strong US jobs report expected…

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Dollar Higher as Risk Appetite Vanishes

The US dollar appreciated versus most major pairs on Friday. The Japanese yen outperformed the greenback as a safe haven, but all other major currencies suffered heavy losses during the week. Tense trade developments between China and the US and Friday’s drop in the Turkish lira dragged emerging and developed markets lower as US sanctions…

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OANDA Market Insights podcast (episode 26)

OANDA Senior Market Analyst Craig Erlam and Head of Trading Asia Steve Innes review the week’s business and market news with Jazz FM Business Breakfast presenter Nick Howard. This week’s big stories: rate hike from the Bank of England, Apple market cap hits $1 trillion, China moves to shore up the yuan, and US job…

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Dollar Awaits Jobs Report Amid Trade Uncertainty

The US dollar is higher against major pairs on Thursday in anticipation of a strong U.S. non farm payrolls (NFP). The U.S. Federal Reserve kept rates unchanged on Wednesday and without a press conference there was little guidance for the markets who will have to wait until the minutes from the Federal Open Market Committee…

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Aussie falters as CPI misses estimate

But inflation climbs into RBA’s target range Despite headline CPI coming in below economists’ forecasts, it crawled into the RBA’s 2-3% target range for the first time in over a year. Headline CPI rose 2.1% y/y in Q2, up from 1.9% in Q1 but just below estimates of a 2.2% increase. Trimmed mean CPI, the…

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Live FX Market Analysis – 24 July 2018

In this week’s FX webinar, Senior Market Analyst Craig Erlam discusses the latest events that are moving financial markets – Trump attacks the Fed, Brexit plans widely criticized etc – and previews the week ahead. Craig also gives his live analysis on EURUSD (9:22), GBPUSD (11:48), EURGBP (18:45), AUDUSD (19:34), USDCAD (21:04), GBPCAD (22:14), NZDUSD…

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Markets get busy week off to weaker start

Trump $500 billion Chinese tariffs threat weighs on sentiment Equity markets are trading slightly in the red at the start of the week, a reflection of the slightly risk averse tone stemming from the prospect of the trade conflict escalating in the coming months. US President Donald Trump has continued to double down on threats…

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