News

The dollar on its front foot amid concerns over Greek debt woes and global growth worries. Ecofin meeting (15:00 GMT) to discuss Greece and finalize aid package for Portugal; EUR/USD tests recent lows near $1.405. Equities/commodities…

Dollar stronger on the day for the fourth day in a row. Stories are flying about a possible new Greek aid package, causing choppy currency markets. Swiss CPI well below expectations; Norway CPI above expectations

Dollar selling resumes as equities and commodities recover after US employment report Euro moves back near $1.44 after EU officials discussed further aid to Greece Dollar likely to remain on back foot this week; Growth currencies likely…

Dollar pares back some of its gains ahead of NFP; risk appetite marginally improves NFP is likely to surprise to the downside but a “big miss” needed for a large market move Commodity currencies remain in focus; RBA signals potential rate…

Trichet's comments seem less hawkish than the market had anticipated and the euro is coming off sharply. While recognizing policy remains accommodative, he is using none of the word cues that point to a June hike. Euribor yields has fallen…

Dollar stronger against most majors, but the yen is the strongest currency today, breaking 80 The ECB is meeting and Trichet’s press conference should be the key news today BOE leaves rates unchanged as expected

The euro continues to surge this morning, trading ahead of $1.49, despite some US short covering against some of the majors and a mixed tone in risk appetite, buoyed by a combination of drivers. For one, many see the risk premium in the…

The US dollar continued to weaken for the seventh consecutive day, with the dollar index hitting its lowest level since August 2008, ahead of the today’s FOMC meeting. In our view the Fed is likely to reaffirm its ultra-accommodative…

Dollar ended the week softer with AUD, JPY and SEK the strongest weekly performers in the G10. Fed introduces new level of transparency next Wednesday with regular press briefings. Euro likely to test December 2009 high, around $1.47, on…

The euro zone periphery debt market has moved back into the fore, with Greece taking center stage again. While additional news flow out of the Ireland indicates that the Irish government is now considering the term “structured default” as a…