ATF Trading Room

US GDP Proves to be a Non-Event, but Fed Chair Yellen Lifts the USD


The U.S. GDP data was somewhat in line with expectations, but the Federal Reserve Chair Janet Yellen's remark in Jackson Hole, WY gave the USD a major boost as she said that "the latest economic data strengthens the case for rate hikes"...


USD Stages a Rally After US Nonfarm Payrolls Smash Expectations


The USD takes advantage of the better than expected U.S. Nonfarm Payrolls data as the world's largest economy adds 255k jobs in July compared with a forecast of 180k and the unemployment rate remains unchanged at 4.9%...


Forex News

FOMC Meeting Minutes Add to USD Gloom, EUR Nears Pre-Brexit High


The minutes of the last Federal Reserve meeting showed that voting members were split as to whether rates should be hiked later this year. Policy makers seemed to agree that the labor market is improving but there is no urgency to raise rates...


USD Flat as Retail Sales Miss Forecast, NZD Extends Rally Even After Rate Cut


Retail Sales and Consumer Sentiment missed the forecasts making the case for Fed tightening more difficult. Reserve Bank of New Zealand's decision to cut by only 25bps, instead of a widely anticipated 50bps cut, fuels NZD rally...


Forex Outlook

The Week in Focus: Aug. 29 – Sep. 2 Outlook


The U.S. Non-farm Payrolls data will take the center stage in the week ahead. Following two extraordinarily sound U.S. labour market reports that outperformed the forecasts, we are looking for slightly weaker, but still solid, data in August...


The Week in Focus: Aug. 22 – 26 Outlook


Euro-zone PMI and the German Ifo Index are on tap, while the central bank elites will convene for their annual meeting in Jackson Hole, Wyoming. Yet we do not expect any USD-positive signals for now and have adjusted some forecasts...


Forex Research

Post Brexit Fed, ECB, BOE and BOJ Watch


The world seems different these days following the Brexit vote and two days of a sell-off in the markets. The GBP is at its lowest level in three decades and the safe haven currencies are back in demand. So, what's next for the major central banks?


Yen Gains “Extremely Concerning”


Speaking about the possibility of intervention by the Bank of Japan to stem the alarming rise in the yen, the Japanese Minister of Finance expressed concern about the recent JPY rally, while the BOJ Governor said his focus is on price stability...


Bloomberg TV