Overall trading has been insipid in the Asian session, a testimony to the lack of real drivers out there. And while we have seen some decent volatilit ... View all

FX markets were nervously quiet in Asian session, just waiting for a directional catalysis. Initially, the deputy governor of the PBoC and the head of ... View all

This week’s sale of Greek debt has gone unequivocally well; with pension funds and insurance companies alike lapping up the chance to secure 10 year b ... View all

We still can’t shake the admission from the Greek Prime Minister that there were “holes” in the budget and tax collection was in “shambles”. While mar ... View all

Barring a bombshell from the Greek austerity press conference, we believe markets will stay relatively quiet ahead of the BoE, ECB and Fridays NFP. In ... View all

Markets were quiet until Europe woke up, where we saw a steady unwind of risk. The EURUSD traded down to 1.3490 from 1.3560, while the GBPUSD fell to ... View all

Markets seem to be in a state of paralysis, unable to find a clear direction this Monday morning. The EURUSD was contained in a tight 100 pip range, w ... View all

The EUR and GBP had a very tough day yesterday, while the JPY was by far the primary beneficiary. Risk aversion was rampant, due to the worries over a ... View all

Issues surrounding Greece are still the key driver of FX pricing and given the outlook, it will keep the EUR under pressure. This weekend, the German ... View all

It seems that in the last few days the situation in Greece has taken a palpable turn for the worse. Not that any new economic revelations have reveale ... View all

Risk appetite took a significant hit yesterday, as German IFO and US consumer confidence failed to impress the markets and concerns over Greece’s impe ... View all

The lull in USD strength at the start of this week has quickly reversed this morning as lower than forecast IFO data in Germany and dovish central ban ... View all

The fx markets main focus continues to be the Greek sovereign debt issue and the potential of something concrete materializing from the ECOFIN meeting ... View all

By now the whole world has heard about the Federal Reserve raising the discount rate by 25bp to 0.75% last night. While the Feds official rhetoric cla ... View all

Yesterday’s correction in oversold positions was short lived and the USD accumulation has continued unabated since. While no one story or headlines wa ... View all

Risk appetite has been rallying since yesterday, as the meeting of the Eurozone Finance Ministers resulted in the delay of any meaningful decision til ... View all

The Lunar New Year in Asia and President’s day in the US will keep trading subdued. However, light economic calendar will have little consequence, as ... View all

When the smoke cleared from yesterday’s EU Summit, investors were left with a thin watered down commitment to take "determined and coordinated action, ... View all

Clearly, the situation surrounding Greece and today’s EU Summit in Brussels is dominating the news and driving FX pricing. However, the speed and dive ... View all

Markets were very busy yesterday pricing in speculation and conjecture. The day started with rumors that ECB’s Trichet had left a meeting of central b ... View all