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Economic News

Seven billionaires in Britain’s top-25 richest hedge fund managers’ list

Posted by on Apr 23, 2015

LONDON (Reuters) - Britain's top-25 richest hedge fund managers' wealth rose by 1.8 billion pounds ($2.70 billion) to 14.8 billion pounds over the past year, the Sunday Times Rich...

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Forex News

Japanese Yields Shift Below Zero

Posted by on Apr 24, 2015

Driven by a lack of selling, Japanese yields fell below zero for the first time since January. Two-year yields fell one basis point to minus 0.015 percent following the central...

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Fundamental Analysis

Weekly Economic and Financial Commentary

Posted by on Apr 25, 2015

On balance, economic data this week continued to reflect a soft Q1. Housing data were mixed, with existing home sales rising but new home sales pulling back in March. Durable goods...

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Technical Analysis

GBPUSD Up 600 Pips in Two Weeks – Time for a Pause or 1.53+ Next?

Posted by on Apr 25, 2015

GBPUSD is putting the finishing touches on a stellar week. After dipping to 1.4860 on Tuesday, the pair has been on an absolute tear, rising a full 300 pips to trade at 1.5155 as of...

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Recent Posts

Weekly Economic and Financial Commentary

Weekly Economic and Financial Commentary

Apr 25, 2015

On balance, economic data this week continued to reflect a soft Q1. Housing data were mixed, with existing home sales rising but new home sales pulling back in March. Durable goods orders bounced back slightly in March, but not enough to reverse the sharp decline observed in February. Based...

The Weekly Bottom Line

The Weekly Bottom Line

Apr 25, 2015

It was a quiet week on the U.S. economic calendar. International developments, including unrest in the Middle East and unease about a potential Greek default moved into the spotlight. Greece's potential exit from the euro zone remained at the top of investors' minds as they anticipated the meeting of euro...

The Changing Faces of Antipodean Currencies and Yield Seekers

The Changing Faces of Antipodean Currencies and Yield Seekers

Apr 25, 2015

The possibility of a Greek default is at the forefront of investor sentiment, but there's also a lot happening in Asia. Last week, a slew of economic data and some well-aimed comments from central bankers resulted in some big moves in Asia's major commodity currencies, the Australian and New...

GBPUSD Up 600 Pips in Two Weeks – Time for a Pause or 1.53+ Next?

GBPUSD Up 600 Pips in Two Weeks – Time for a Pause or 1.53+ Next?

Apr 25, 2015

GBPUSD is putting the finishing touches on a stellar week. After dipping to 1.4860 on Tuesday, the pair has been on an absolute tear, rising a full 300 pips to trade at 1.5155 as of writing. In fact, the pair has traded higher 9 of the last 10 days and

Weekly Focus: Riksbanken to Add Fuel to the Currency War

Weekly Focus: Riksbanken to Add Fuel to the Currency War

Apr 25, 2015

Euro surprises coming down, US surprises set to head higher. This would underpin a lower EUR/USD and higher US yields and give less cyclical tailwind to euro stocks versus US stocks. The Fed is still on track for a September hike.