MARKET NEWS
3 September 2014
Bank of Canada remained neutral
The Bank of Canada left the benchmark interest rate unchanged at 1% in line with expectations.
The main message was that the central bank “remains neutral with respect to the timing and direction of the next change to the policy...
MARKET NEWS
September, 3: American Session
Tatiana Norkina, analyst at FBS
The US dollar index, after updating its highs (83.06), has corrected to the 82.90 area today and is losing about 0.07% at the American session opening. Data on US factory orders for the past month are expected to be...
MARKET NEWS
3 September 2014
Traders fear RBNZ intervention
NZD/USD fell to the lowest levels since the end of February in the $0.8285 area. Kiwi slipped after Fonterra Cooperative Group Ltd., the world’s biggest dairy exporter, said the price of whole milk powder fell to the lowest since July...
MARKET NEWS
3 September 2014
RBA will remain firmly on hold
FXBAZOOKA.com - Australian economic growth has slowed in Q2, but came a bit above expectations. The biggest contributor to growth remains the mining sector, accounting for around 1.2% of GDP. A rebound in inventories helped to support...
MARKET NEWS
Key option levels (Sep. 3)
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
MARKET NEWS
Sep. 3: Asian session
FXBAZOOKA.com - Asian stocks rose as the yen fell to a January low and reports showed faster expansion in China’s service industries. The MSCI Asia Pacific Index added 0.5%.
USD/JPY reached 105.30. US dollar strengthened on bets quickening U.S. growth will...
MARKET NEWS
The 2d of September: American Session
Tatiana Norkina, an analyst of FBS Company
The index of the American dollar continues strengthening. During the day the index has tested the 83.00 figure and added more than 0.20% at the opening of the American session. Later on the data on...
MARKET NEWS
2 September 2014
JPY is affected by Abe expectations
Japanese yen got under pressure because of the speculation that Japanese Prime Minister Shinzo Abe will appoint tomorrow an ally – Yasuhisa Shiozaki – to head the health, labor and welfare ministry, which is in charge of...
MARKET NEWS
Key option levels (Sep. 2)
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
MARKET NEWS
Sep. 2: Asian session
Asian shares slipped on Tuesday as a US holiday robbed markets of momentum. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.6% after rising on the previous day.
USD/JPY soared to 104.86. Yen weakened before Prime Minister Shinzo Abe...
MARKET NEWS
1 September 2014
CFTC report: week ending Aug. 26
FXBAZOOKA.com - According to the latest CFTC report, released on Aug. 29, large traders and speculators raised their USD bullish bets to the highest level since June 2013. The value of net USD longs increased from $30.4 billion as...
MARKET NEWS
Key option levels (Sep. 1)
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
MARKET NEWS
Sep. 1: Asian session
FXBAZOOKA.com - US dollar reached the highest level in almost a year against the euro as signs of US economic growth and tensions in Ukraine boosted demand for the currency. EUR/USD opened with a gap down at $1.3127. GBP/USD edged a bit up, to the $1.6600...
MARKET NEWS
The 29th of August: American Session
At the opening session the index of the American dollar adds more than 0.05% against the background of positive statistics from the University of Michigan. However stock markets were opened oppositely directed. Thus, the DJIA fell by 0.10% and S...
MARKET NEWS
Key option levels (Aug. 29)
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
MARKET NEWS
Aug. 29: Asian session
FXBAZOOKA.com - Asian stocks fell as the geopolitical risk flared again. The United States on Thursday openly accused Russia of sending combat forces into Ukraine and threatened to tighten economic sanctions.
USD/JPY rose to 103.85 as Japan released...
MARKET NEWS
Aug. 28: American session
Tatiana Norkina, FBS analyst
GDP growth to 4.2% instead of the expected 4.0% significantly increased interest to American dollar. At the opening of session index added about 0.17% and reached 81.60, after declining to 81.35. Applications for...
MARKET NEWS
The 27th of August: American Session
Tatiana Norkina, an analyst of FBS Company
The American dollar was slightly flat today because of the absence of major macroeconomic indicators. At the opening of the session, the dollar fell down by 0.17%.
Stock markets opened oppositely...
MARKET NEWS
28 August 2014
Speculation about ECB’s QE cooled
By Mark Jensen
FXBAZOOKA.com - EUR/USD has recovered from a 1-year low in the $1.3150 area to the levels above $1.3200 as the speculation about an imminent round of quantitative easing by the ECB cooled.
According to Reuters, which...
MARKET NEWS
28 August 2014
BCC: UK economy growth at fastest since 2007
FXBAZOOKA.com - Great Britain's economy will grow at its fastest pace since 2007 this year, the British Chambers of Commerce (BCC) said. BCC upgraded its 2014 UK GDP forecast from 3.1% to 3.2%. The 2015 forecast was also...