Darrell R Jobman's Forex Commentaries
Weekly Currency Review - Week Ending June 26, 2009
The dollar weakened against the major European currencies over the first half of the week. Although it was able to resist substantial losses, the dollar struggled to sustain any momentum and dipped again on Friday. Markets still found it ...
Weekly Currency Wrap-up - Week Ending June 19, 2009
Markets struggled to secure direction for much of the week. The dollar was unable to make any great headway, but it did again show some resilience in the face of underlying weak sentiment. The latest US capital flows report recorded net ...
Weekly Currency Wrap-up - Week Ending June 12, 2009
Currency markets struggled for direction for much of the week with rallies quickly attracting selling pressure as moves struggled to gain any momentum. Overall dollar sentiment was still generally fragile which certainly limited support with only ...
Weekly Currency Wrap-up - Week Ending June 5, 2009
As sentiment towards the currency remained extremely weak, the US dollar initially remained under pressure, but it managed to find some respite over the second half of the week with the trade-weighted index securing a fragile recovery from ...
Weekly Currency Wrap-up - Week Ending May 29, 2009
Sentiment towards all the major currencies was generally cautious over the week, but the US currency was still the currency which found it most difficult to gain support and generally remained under pressure as funds continued to sell the ...
Weekly Currency Wrap-up - Week Ending May 22, 2009
An important feature of the week was a significant deterioration in confidence surrounding the US dollar. It failed to make any impression against the major currencies early in the week and then weakened sharply with the trade-weighted index ...
Weekly Currency Wrap-up - Week Ending May 15, 2009
Currency markets struggled for direction during the week as a whole with no currency in a position to gain strong buying support. The dollar proved generally resilient and there were bouts of strength, but it struggled to make significant ...
Weekly Currency Wrap-up - Week Ending May 8, 2009
Financial markets continued to take a generally optimistic stance towards the global economy over the week and this was a very important factor influencing direction for the major currencies.There was a further narrowing of credit spreads during ...
Weekly Currency Wrap-up - Week Ending May 1, 2009
Degrees of risk appetite continued to have an important market impact. Confidence initially faltered with fears over the impact of a flu pandemic, but economic sentiment was generally resilient as equity markets were generally firmer and this ...
Weekly Currency Wrap-up - Week Ending April 24, 2009
There was a slight shift in sentiment towards the US and Euro-zone economies over the week and this made it more difficult for the US currency to make ground. The dollar pushed stronger over the first half of the week, but it struggled to make ...
Weekly Currency Wrap-up - Week Ending April 17, 2009
The US data releases had a mixed impact over the week while risk appetite was relatively steady and attention switch more towards the Euro-zone over the week as policy uncertainties increased.ECB council member Weber made potentially significant ...
Weekly Currency Wrap-up - Week Ending April 10, 2009
Risk appetite and conditions within the global economy continued to dominate market sentiment. Dollar Libor rates edged lower over the week and this tended to curb US currency demand to some extent, although the impact was measured as it was ...
Weekly Currency Wrap-up - Week Ending April 3, 2009
Degrees of risk appetite remained very important for market direction over the week. The US currency gained initial support on defensive grounds as there was increased speculation that the Administration would force General Motors into bankruptcy ...
Weekly Currency Wrap-up - Week Ending March 27, 2009
After a decisive trend last week with the dollar under pressure, the moves this week were initially less clear as wider uncertainty over economic and policy trends contributed to indecisive currency trading, especially with pressure for a ...
Weekly Currency Wrap-Up - Week Ending March 20, 2009
Central bank policy actions were a clear focus for the week and triggered substantial currency moves. The US currency then weakened very sharply after the Fed meeting and the US currency was on track for the sharpest overall weekly decline for 20 ...
Weekly Currency Wrap-up - Week Ending March 13, 2009
Major currencies continued to find difficulties in securing a decisive direction during the week as all remained prone to very important weaknesses. Libor rates were generally higher as credit fears increased again. The dollar initially continued ...