Oct

26

Daily Market Insight

Euro Falls Following ECB QE Taper Plan

Currency markets were mostly quiet overnight, but have come to life in early trading following the decision by the European Central bank to taper their quantitative easing program.

Oct

25

Daily Market Insight

Sterling Rallies on GDP; Aussie Down on Inflation

The U.S. dollar held familiar ranges against most of its majors overnight, save the British pound and Australian dollar. The EUR/USD cross is in wait-and-see mode ahead of the European Central Bank’s decision tomorrow.

Oct

24

Daily Market Insight

Greenback Remains Elevated; Kiwi Falls 1.0%

The U.S. dollar edged out small gains overnight, the third day of such gains. The Bloomberg Dollar Index remains at a 3-month high as developments abroad have dictated trading.

Oct

23

Daily Market Insight

Dollar Index New Three Month High

The U.S. dollar pushed slightly higher overnight, building on last week’s gains. The Bloomberg Dollar Spot Index is now near its strongest level in three months.