Most Recent - 01/21/17

Weekly Recap 13th – 20th January ’17

Currencies had a hectic week, as the wild moves in the Great British Pound dominated forex markets. The controversial speech of British Prime Minister Theresa May on Tuesday sent the currency soaring against most of its major counterparts, following a strong decline after the weekend. The U.S. Dollar and the Euro had a choppy but ultimately flat week, while the Japanese Yen lost ground after a strong start. Commodity-related currencies were mixed, as the Australian Dollar remained relatively strong while the Canadian Dollar fell sharply after

READ MORE
  • 11/19/16
    Weekly Recap 12th-19th November ’16

    The third week of November was all about the Dollar once again, as the market continued to price in the surprising win of Donald Trump on the U.S. presidential election. The Greenback advanced further against most of its peers, especially the Japanese Yen and the Euro. The Aussie and the Kiwi also l

    READ MORE
  • 11/12/16
    Weekly Recap 4th – 11th November ’16

    The second week of November will go down to the history books, as the surprise victory if Donald Trump over Hillary Clinton caused extreme volatility during the period. The Dollar crashed right after the results were pointing to the victory of the billionaire, just to surge higher later on the wee

    READ MORE
  • 11/05/16
    Weekly Recap 28th October – 4th November ’16

    The first week of November was dominated by the uncertainty regarding the U.S. presidential election as the race between Hillary Clinton and Donald Trump got surprisingly close one week before Election Day, sending the Dollar lower against most of its major counterparts. The Federal Reserve, the Ban

    READ MORE
  • 10/29/16
    Weekly Recap 21st – 28th October ’16

    The last week of October was a volatile and bearish week for risk-on currencies as the Dollar continued to rally against its major counterparts before next week’s all-important Federal Reserve meeting, and the Bank of Japan’s interest rate decision. The Yen also declined despite the correction o

    READ MORE

Let's have
a conversation.

For further information please phone us on +612 8277 6611 or complete the following form and a Global Prime representative will be in contact with you as soon as possible.