http://www.fxtimes.com Get your daily dose of Forex news from the expert analysts at FXTimes. Visitors will have access to the Forex Capsule, our interactive economic calendar, our video recaps, and up-to-date fundamental news releases and technical analysis commentaries. Tue, 07 Feb 2012 03:53:13 +0000 en hourly 1 http://wordpress.org/?v=3.1 http://www.fxtimes.com/commentaries/fx-strategy-briefing-possible-fed-qe-ii-pressures-usd/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-possible-fed-qe-ii-pressures-usd/#comments Tue, 12 Oct 2010 23:01:30 +0000 Hans Nilsson http://www.fxtimes.com/?p=14968 http://www.fxtimes.com/commentaries/fx-strategy-briefing-possible-fed-qe-ii-pressures-usd/feed/ 0 The dollar traded mostly lower after paring earlier gains on Tuesday’s release of the Federal Open Market Committee’s September 21 meeting minutes that showed the Fed was prepared to launch additional quantitative easing “before long.” The minutes read “members wanted to consider further the most effective framework for calibrating and communicating any additional steps to provide such stimulus. Several members noted that unless the pace of economic recovery strengthened or underlying inflation moved back toward a level consistent with the Committee’s mandate, they would consider it appropriate to take action soon.” http://www.fxtimes.com/commentaries/fx-strategy-briefing-sterling-at-critical-level/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-sterling-at-critical-level/#comments Mon, 11 Oct 2010 22:42:25 +0000 Hans Nilsson http://www.fxtimes.com/?p=14920 http://www.fxtimes.com/commentaries/fx-strategy-briefing-sterling-at-critical-level/feed/ 0 The oversold dollar rose in light Monday trading. There were bank holidays in the United States, Canada and Japan. World economic leaders failed to narrow differences over currencies but agreed to let the International Monetary Fund study the matter. While China is accused of undervaluing the yuan, US easy monetary policy was blamed for excessive capital inflows in emerging markets and their exchange rates’ appreciations. The S&P 500 was up 0.17 to 1,165.32. http://www.fxtimes.com/commentaries/fx-strategy-briefing-usd-rally-may-occur-if-downtrend-is-broken/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-usd-rally-may-occur-if-downtrend-is-broken/#comments Sat, 09 Oct 2010 00:30:54 +0000 Hans Nilsson http://www.fxtimes.com/?p=14871 http://www.fxtimes.com/commentaries/fx-strategy-briefing-usd-rally-may-occur-if-downtrend-is-broken/feed/ 0 The dollar fell versus its rivals this week. The Federal Reserve’s monetary policy continues to dominate the financial markets. The US economy lost 95,000 jobs in September as a 64,000 gain in private-sector payrolls failed to offset big cuts in government employment. The bleak labor report boosted expectations that the Fed will launch another round of quantitative easing. http://www.fxtimes.com/commentaries/fx-strategy-briefing-dollar-volatile-ahead-of-employment-data/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-dollar-volatile-ahead-of-employment-data/#comments Thu, 07 Oct 2010 23:14:47 +0000 Hans Nilsson http://www.fxtimes.com/?p=14819 http://www.fxtimes.com/commentaries/fx-strategy-briefing-dollar-volatile-ahead-of-employment-data/feed/ 0 The dollar traded mixed on Thursday, recovering steep overnight losses ahead of Friday’s release of US employment data. US recovery optimism increased and the chance of quantitative easing by the Federal Reserve decreased slightly, following a government report of a drop in initial jobless claims to a 3-month low. The S&P 500 declined 1.91 to 1,158.06. http://www.fxtimes.com/commentaries/fx-strategy-briefing-qe-ii-bets-pressure-greenback/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-qe-ii-bets-pressure-greenback/#comments Wed, 06 Oct 2010 23:28:34 +0000 Hans Nilsson http://www.fxtimes.com/?p=14779 http://www.fxtimes.com/commentaries/fx-strategy-briefing-qe-ii-bets-pressure-greenback/feed/ 0 The dollar fell versus its key counterparts on Wednesday on continued speculation that the Federal Reserve is launching QE II. Fed officials are signaling a new quantitative easing program perhaps as soon as the November 2-3 FOMC meeting. The dollar index dropped to the lowest level since January 18, down 12.5% since its June 6 high. Treasury Secretary Timothy F. Geithner said large economies keeping their currencies undervalued can cause inflation and asset bubbles. http://www.fxtimes.com/commentaries/fx-strategy-briefing-usdjpy-falls-despite-boj-easing-moves/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-usdjpy-falls-despite-boj-easing-moves/#comments Tue, 05 Oct 2010 23:43:27 +0000 Hans Nilsson http://www.fxtimes.com/?p=14742 http://www.fxtimes.com/commentaries/fx-strategy-briefing-usdjpy-falls-despite-boj-easing-moves/feed/ 0 The dollar plunged versus its rivals on Tuesday on signs other central banks are joining the Federal Reserve in easing monetary policy. The Bank of Japan unexpectedly lowered its key interest rate from 0.1% to a range of 0 to 0.1% and announced a new bond purchase program. The unanimous decision was the first change of Japan’s benchmark rate since December 2008. Meanwhile, the Reserve Bank of Australia unexpectedly left its key rate unchanged at 4.50% for a fifth consecutive month. http://www.fxtimes.com/commentaries/fx-strategy-briefing-oversold-greenback-recovers/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-oversold-greenback-recovers/#comments Mon, 04 Oct 2010 22:51:01 +0000 Hans Nilsson http://www.fxtimes.com/?p=14668 http://www.fxtimes.com/commentaries/fx-strategy-briefing-oversold-greenback-recovers/feed/ 0 The dollar rose against most of its key counterparts on Monday, recovering from last week’s drop on a possible quantitative easing by the Federal Reserve. The oversold dollar index found support at the 78-handle and rose to 78.43. However, the dollar index and most dollar crosses remain in clearly defined downtrends. August US factory orders declined for the third time in four months, but pending home sales gained for a second month. The S&P 500 decreased 9.21 to 1,137.03. http://www.fxtimes.com/commentaries/fx-strategy-briefing-dudley%e2%80%99s-comments-sink-greenback/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-dudley%e2%80%99s-comments-sink-greenback/#comments Fri, 01 Oct 2010 23:10:26 +0000 Hans Nilsson http://www.fxtimes.com/?p=14612 http://www.fxtimes.com/commentaries/fx-strategy-briefing-dudley%e2%80%99s-comments-sink-greenback/feed/ 0 The dollar plunged versus its rivals this week on renewed speculation that the Federal Reserve will begin another round of quantitative easing. New York Fed President William Dudley said the outlook for US employment and inflation is “unacceptable” and that more monetary easing is probably needed. “Further action is likely to be warranted unless the economic outlook evolves in a way that makes me more confident that we will see better outcomes for both employment and inflation before too long,” Dudley said. http://www.fxtimes.com/commentaries/fx-strategy-briefing-dollar-recovers-on-better-data/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-dollar-recovers-on-better-data/#comments Thu, 30 Sep 2010 23:30:37 +0000 Hans Nilsson http://www.fxtimes.com/?p=14586 http://www.fxtimes.com/commentaries/fx-strategy-briefing-dollar-recovers-on-better-data/feed/ 0 The dollar reversed overnight losses as better-than-expected Thursday US economic releases reduced the chance of further quantitative easing by the Federal Reserve. The Chicago PMI unexpectedly increased in September; initial jobless claims declined more than expected in the week ending September 25; and Q2 2010 GDP growth was revised modestly higher. The S&P 500 fell 3.53 to 1,141.20, reducing the largest September gain since 1939. http://www.fxtimes.com/commentaries/fx-strategy-briefing-euro-reaches-5-month-high/ http://www.fxtimes.com/commentaries/fx-strategy-briefing-euro-reaches-5-month-high/#comments Wed, 29 Sep 2010 23:29:47 +0000 Hans Nilsson http://www.fxtimes.com/?p=14538 http://www.fxtimes.com/commentaries/fx-strategy-briefing-euro-reaches-5-month-high/feed/ 0 The dollar declined against most of its key counterparts on Wednesday. The S&P 500 fell 2.97 to 1,144.73. Philadelphia Fed President Charles Plosser said he opposes more monetary expansion by the Federal Reserve as he sees little risk of deflation. “I see little gain at this point, and some costs, I would prefer not to engage in further asset purchases at this time,” Plosser said.