ATF Trading Room

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%...


AUD Gains Regardless of Reserve Bank of Australia’s Rate Cut


The Australian dollar has rallied nearly a percent against its American rival, reversing earlier declines after the Reserve Bank of Australia cut interest rates to a record low 1.5%. Japan's underwhelming stimulus package pushes the JPY higher...


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. 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...


The Week in Focus: Aug. 15 – 19 Outlook


With major central banks silent at the moment, the market is looking at economic data for clues about the Fed’s further interest rate path. In the week ahead, the attention will turn to the FOMC Meeting Minutes on Wednesday, August 17...


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