Tag Archive: Germany ZEW Current Conditions

FX Daily, June 18: Draghi Ends Calm Ahead of FOMC, Sending the Euro and Yields Down

Overview:  ECB President Draghi underscoring the likely need for more stimulus broke the subdued tone as market participants took a "wait and see" stance ahead of tomorrow's FOMC decision.  Draghi's comments sent the euro through $1.12 for the first time in two weeks and drove European bonds yields to new lows.

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FX Daily, April 16: The Dollar and Stocks Catch a Bid

Amid light news, global equities are moving higher In Asia, the Nikkei rose to a new high since early December, while the Shanghai Composite rose 2.3% and posted its highest close since March 2018. European equities are solid, with the Dow Jones Stoxx 600 moving higher for the fifth consecutive session.

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FX Daily, December 12: UK Front and Center, but Sterling is Laggard in Today’s Move Against the Dollar

The US dollar is trading with a lower bias against most of the major and emerging market currencies. The upside surprise in Sweden's inflation is helped the krona recover from its recent slide. It is the strongest of the majors, gaining 1.1% against the dollar and nearly as much against the euro, which is in a third of a cent range below $1.18.

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