Desperately seeking stability

US  Markets From sandstorms in Riyadh to headwinds in Rome, escalating risk has effectively capped the recent swell in US Treasury yields, while the combination of Federal Reserve policy tightening and increasing debt supply should keep the trapdoor from giving Read More

Trader fatigue sets in but the the Sun always shines on TV

The stabilisation in equities on Friday helped calm FX carry as headlines around Brexit, and the Italian budget were more positive heading into the weekend. Newswires have been very friendly into the weekend. Bloomberg reported that Italy’s government might cut Read More

US Growth in Q3 to Guide Dollar

The US dollar is mixed on Friday. Investor’s appetite for risk rose and safe haven currencies (JPY and CHF) fell while positive China and Brexit news saw the NZD, EUR, GBP and AUD advance against the USD. The Canadian dollar Read More

Asia market update: a busy session is unfolding

The Yuan USD bullish sentiment post FOMC minutes outweighs Treasury to report the CNH playbook remains intact and should not provide any is a significant short-term relief for local EM currencies. High US bond yields and a rebounding US dollar Read More

Asia market closing view: fumbling into the EU summit

Currencies  Currency markets have been relatively quiet in Asia ahead of the US Treasury FX report an no doubt markets will be eager to view the FOMC minutes where there is a considerable risk for a hawkish lean. Even more Read More

Dollar Lower After Retail Sales Awaits FOMC Minutes OANDA Market Beat Podcast

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t Read More