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

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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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  • 10/15/16
    Weekly Recap 7th – 14th October ’16

    The second week was all about the Great British Pound and the U.S. Dollar as the previous flash-crash of the Pound still impacted forex markets, although volatility declined substantially towards the end of the week. The U.S. Dollar trended higher against most of its counterparts for most of the wee

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  • 10/08/16
    Weekly Recap 1st – 7th October ’16

    The first week of October turned out to be even more eventful than expected as the sudden “flash-crash” of the Great British Pound caused waves in forex markets. The U.S. Dollar was in the center of attention all week long as investors continue to focus on the odds of a rate hike by the Federal

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  • 10/01/16
    Weekly Recap 23rd – 30th September ’16

    The last week of September was mostly calm for currencies, as the majors traded in narrow ranges during the majority of the period. Oil made headlines as the OPEC finally agreed on a production cut on Wednesday, sending commodity currencies sharply higher. The last two days of the week so elevated

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