Most Recent - 01/14/17

Weekly Recap 6th-13th January ’17

The second week of 2017 was highlighted by the volatile moves in the U.S. Dollar and the strong rally in commodity currencies. The slightly better than expected British economic numbers couldn’t stop the decline of the Pound, as the currency remained under pressure throughout the week. The Japanese Yen was among the stronger currencies this week as safe haven buying helped it amid the political uncertainty regarding the relationship between the U.S. and Russia. The Australian Dollar and the Canadian Dollar both gained significant ground on

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  • 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

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  • 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

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  • 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

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  • 10/22/16
    Weekly Recap 14th – 21st October ’16

    The third week of October was about central banks once again as the European Central Bank decided on its benchmark interest rate on Thursday, while the Bank of Canada held its Monetary Policy Meeting on Wednesday. Both central banks held their interest rates unchanged, and took a more dovish stanc

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