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Monthly archive December, 2014

Ballooning ECB Balance Sheet to Sink Euro in Q1’15

The Euro’s performance in Q4’14 captured perfectly the essence of our Q4 forecast title: “deflation pressure stack up against ECB, Euro in Q4.” On the inflation front, the situation could not have gone worse: the ECB’s preferred market measure of Read More →

One Last Bout of Volatility for USD Before Holidays – Today

Talking Points: - Bloated economic calendar today provides opportunity for vol. - EURUSD and GBPUSD nearing breakout points. - December forex seasonality foresaw a modestly weaker Euro. Today's US economic data could go a long way towards helping the US Dollar achieve one last Read More →

Dollar Response to Dense US Data Docket May Prove Counter-Intuitive

Talking Points: US Dollar May Have Counter-Intuitive Response to Dense Data Docket Aussie Dollar Down on Risk Aversion, NZ Dollar Upheld by Trade Report See Economic News Directly on Your Charts with the DailyFX News App A relatively quiet European economic calendar seems unlikely Read More →

USD Crawls to Fresh Five-Year High as Markets Focus on Rate Contrast

Talking Points: Dollar Crawls to Fresh Five-Year High as Markets Focus on Rate Contrast Euro Finds Too Little Traction, Too Late Yen Crosses Advance after BoJ Downgrades Growth Assessment Dollar Crawls to Fresh Five-Year High as Markets Focus on Rate Contrast A drain in liquidity Read More →

US Dollar’s Exceptional Rally Tougher to Feed in 2015

Like a forest fire that has consumed the immediate landscape, the US Dollar’s extraordinary rally through the second half of 2014 has burned through much of the fundamental and technical potential it was previously harboring. Further gains are certainly likely Read More →

Japanese Yen Eyes Another Tough Quarter, Losses

The Japanese Yen finishes the fourth quarter and the year as one of the worst-performing major currencies of the world, and there is little reason to believe that the first quarter of the New Year will bring relief. A hyperactive Read More →