Free Registration Required
Currency Thoughts has attracted a wide variety of regular readers as well as casual visitors.
In order to provide more focused service we are now requiring registration for this feature.
Many professionals involved in FX trading as well as economists in academia rely on this feature to begin their day. It is a comprehensive summary and examination of what data are out, what that data mean, what important market moving statements have been made, and what other important events might impact the day.
This summary, compiled by an analyst with the experience and perspective to prioritize and organize, supports an informed and articulate approach to each new day's FX activities.
A registration process will enhance our ability to identify our readers and focus on their interests and concerns.
Registration is free, fast and private. Review our privacy policy here.
Click here to register.
Registered users, please click here to log in.
July 7, 2017
Investors await the monthly U.S. Labor Dept jobs data due at 12:30 GMT. In the meantime, industrial production figures were released for Germany, France, Great Britain, Spain, Denmark, and the Czech Republic. Other data releases of interest have been Japanese and Chinese reserves, Japan’s index of leading economic indicators, the French current account, and British […] More
Tags: G20 summit, industrial production, Trump
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on U.S. Jobs Day, G-20 Summit Begins, and BOJ Policy Becomes More Differentiated
July 6, 2017
Amid recent speculation that the policy stance of the European Central Bank may be nearing a turning point, a French government debt auction drew weak interest and triggered a broad rise in regional sovereign debt yields. 10-year yields rose 7 basis points in France and Germany, 6 bps in Italy, and 5 bps in the […] More
Tags: Ezone retail PMI, German orders
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Sell-Off in European Sovereign Debt
July 5, 2017
U.S. markets reopened after the long Independence Day holiday break. Investors were greeted by the release of many more June purchasing manager survey results and have a number of events to get through. FOMC minutes will be released today. President Trump is embarking on his second trip abroad as president. He will be attending the […] More
Tags: Euroland retail sales, Service-sector purchasing manager surveys, Trump visit to Europe
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Back to Business
July 4, 2017
Today is the 241st anniversary of the signing of the U.S. Declaration of Independence. We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these […] More
Tags: Euroland PPI, North Korean missile test, Riksbank
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on North Korea Observes America’s Birthday with a Successful ICBM Test
July 3, 2017
Markets this Monday are reacting to many cross-currents. The dollar has appreciated 0.3-0.5% against the yen, euro, Swissie, sterling, and Australian and and New Zealand currencies. It has risen more slightly versus the peso, yuan and loonie. Aside from declines in Australia of 0.7% and New Zealand of 0.4%, equities are mostly higher. Indonesia’s bourse, […] More
Tags: BOJ Tankan, Euroland unemployment, Manufacturing PMIs, Trump on China
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Many PMI Reports on First Business Day of the Third Quarter
June 30, 2017
It’s the end of the month, end of the quarter, middle of the year and the eve of a long U.S. holiday weekend. That means a flood of data are getting released. For many organizations, its the end of a fiscal year. Stocks fell in the Pacific Rim but are recovering in Europe. Share prices […] More
Tags: British current account, Euroland CPI, Japanese CPI
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Big Day for Data, Dollar and Stocks Mixed
June 29, 2017
The dollar declined overnight by 0.5% against the peso, 0.4% relative to the Australian currency, 0.3% versus the yuan and sterling, 0.2% vis-a-vis the euro, and 0.1% against the Swiss franc and loonie. The dollar firmed 0.2% against the kiwi and 0.3% versus the yen. Ten-year German bund and British gilt yields jumped five basis […] More
Tags: Euroland economic sentiment, German CPI, Japanese retail sales
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Dollar and Fixed Income Security Prices Soften
June 28, 2017
ECB President Draghi said several things yesterday. A remark that the pendulum of price pressure is shifting away from deflation toward reflation had caught the market’s immediate attention and driven the euro higher, but the ECB today clarified that investors had not given sufficient weight to his other observation that plenty of monetary stimulus is […] More
Tags: Draghi, German import prices, Japanese small business sentiment, Yellen
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Some Confusion Understanding Central Banker Intentions
June 27, 2017
The dollar declined overnight by 0.8% against the euro, 0.7% relative to the Swiss franc, 0.4% versus the yuan, 0.3% relative to the Australian dollar and sterling and 0.2% vis-a-vis the kiwi and loonie. The dollar is unchanged against the Japanese yen and 0.3% firmer relative to the Mexican peso. Today’s main event will be […] More
Tags: Chinese profits, Italian consumer and business sentiment, Yellen
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Stocks and Dollar Mostly Retreat in Choppy Markets
June 23, 2017
Mexico’s key central bank interest rate was hiked by an additional 25 basis points to 7.0%, bringing its cumulative rise to four percentage points from 3% prevailing from October 2014 through the early December 2015. However, Bank of Mexico officials suggested in a statement that no more tightening may be necessary. See review. The peso […] More
Tags: French GDP, Purchasing Managers Surveys
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Mexican Rate Hike, Some Preliminary PMI Results, and a Trump Revelation
