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Aaron Kohli, Rates Strategist At BMO Capital Markets, New York: FXWW

From the FXWW Chatroom: The FOMC minutes were mostly balanced but to our read broke a bit more hawkishly than dovishly. The discussion about inflation eventually recovering to 2 percent and the explanation for the addition of “further” all pointed to more optimism regarding the outlook. We found precious little to support the belly-led rally […]

22 Feb: Trend table outlook for FX, Commodities, Indices: FXCharts

It all looks rather rosy for the dollar again today, and further gains seem to lie ahead for it against all the other major currencies. Although I would possibly avoid Sterling, which has too many moving parts. Elsewhere, the Aud$ looks particularly heavy and seems to have further downside against the Kiwi in particular. Gold […]

Will GBP/USD Reject 1.40 On Labor Data? By Kathy Lien

Although U.S. stocks ended the day in negative territory, the U.S. dollar traded higher against all of the major currencies. There were no exceptions as the greenback powered higher on the back of a restrained decline in U.S. equities. TheDow Jones Industrial Average ended the day down 250 points but the decline in theS&P 500 […]

NZ Talk

From the FXWW Chatroom: New Zealand’s incoming central bank governor, Adrian Orr, has pledged “clear and transparent communication” in the role and signaled he’s at ease with the government’s planned reforms of the institution. “I do believe clear and transparent communication is critically important,” Orr, who will take the helm of the Reserve Bank on March […]

Europe Stocks Drop, Bonds Gain; Treasuries Steady: Markets Wrap: Bloomberg

Bloomberg dollar index rises for fourth day on higher yields Treasury auction gives some of the highest rates in a decade European stocks retreated on Wednesday, shrugging off gains in the Asia session as traders brace for a busy second half of the week. The region’s bonds advanced, Treasuries were flat and the dollar extended gains […]

FX: pretty quiet but some TC signals: By Mary McNamara

There hasn’t been a lot of action across FX but the US$ is a bit stronger and there have been a couple of decent TC signals. USDX daily: putting in a bounce and looking a bit ‘Double Bottom’ like for now: Trend line breakouts and TC signals: EUR/USD: a small trend line breakout but there […]

Option expiries for today’s Wednesday February 21 NY cut (10:00 NY, 15:00 London) : FXWW

From the FXWW Chatroom: *EUR/USD: $1.2225(E344mn), $1.2300-10(E1.12bn), $1.2400(E357mn), $1.2450(E303mn), $1.2500(E640mn) *USD/JPY: Y106.00($532mn), Y107.00($793mn), Y108.00($316mn), Y110.70($1.75mn); *GBP/USD: $1.4050(Gbp409mn), $1.4100(gbp308mn) *EUR/GBP: Gbp0.8850(E340mn) *AUD/USD: $0.7950(A$3.54bn), $0.7965(A$395mn), $0.8050(A$1.42bn): *USD/CAD: C$1.2525-30($676mn) =========================================== Larger option pipeline: *EUR/USD: Feb22 $1.2000(E1.15bn), $1.2150(E1.02bn), $1.2500(E1.64bn), $1.2550(E1.38bn); Feb26 $1.2250(E927mn), $1.2400-05(E1.06bn), $1.2460(E1.1bn), $1.2500(E1.39bn), $1.2600(E1.45bn) *USD/JPY: Feb22 Y106.00($1.03bn), Y107.50($1.29bn), Y108.00($1.27bn), Y108.85($850mn), Y108.93($1.04bn), Y109.00-05($2.03bn); Feb23 Y109.00($1.75bn); Feb26 Y105.00($1.23bn), Y107.00-05($1.82bn), […]

21 Feb: Trend table outlook for FX, Commodities, Indices: FXCharts

It is another confused picture today with little standing out as an obvious trade. The US$ does look mildly better bid though and buying dips still remains the preferred option, but without looking for too much in either direction.  Gold may be giving us a hint as to the direction of the dollar and it […]

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