ATF Trading Room

USD Gains Despite Dismal Jobs Numbers; Global Market Risks Abound

Jobs

Payrolls rose by only 98K in March, failing to meet an already low 180K estimate. Adding insult to injury, last month’s print was also downwardly revised. In addition, wage growth slowed to 2.7% year over year, down from 2.8% in February...

 

The Bleeding Stops for the US Dollar; FX Market Volatility Fading

EURUSD

The USD registered its worst week in months, after the Fed hiked rates but offered a more dovish outlook citing uncertainties ahead, while political developments in Europe relaxed pre-elections anxiety and eased volatility in the currency market...

 

Forex News

Tough Week for the USD Allows Other Majors to Reach Year’s Best Rates

Currency Wars

It has been an eventful week with eyes on the political turmoil brewing in Washington, disturbances in global markets, and renewed volatility. The slew of news lately has not aided the “buck,” with economic indicators failing to meet estimates...

 

Poor GDP and Consumer Spending Keep the U.S. Dollar Down

USjobs

The U.S. economy expanded at its slowest pace in three years in the first quarter of 2017, but the poor data may not dissuade the Federal Reserve from normalizing monetary policy as futures show nearly 70% chance of a rate hike in June...

 
 

Forex Outlook

The Week in Focus: May 15 – 19 Outlook

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

Many EU countries fear the post-Brexit prospect of an intensification of tax competition from the UK. In the end, the two parties are likely to strike a free-trade deal. Until then, however, the GBP looks set to come under sustained pressure...

 

The Week in Focus: May 8 – 12 Outlook

Trading_Pit

A tail risk that Marine Le Pen will win the French presidential election remains priced into the options market and weighs on the euro for now. Sterling has come under pressure as the markets realize that Brexit negotiations will not be easy...

 

Forex Research

The ‘Grand Old Party’ and the U.S. dollar

738px-Victor_Dubreuil_-_Barrels_on_Money,_c._1897_oil_on_canvas

A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...

 

Commerzbank View of 2017: The year of politics

Happy New Year

Investors will have to keep a close eye on politics next year. We believe Donald Trump’s policies will stimulate economic growth and inflation only to a limited degree. That said, his election has triggered a long overdue reappraisal of the US economy...

 

Bloomberg TV