Author: Interactive Brokers

IB FX View Euro struggles with rally concept despite firmer data Friday July 24, 2009 The euro has spent the morning undergoing recovery after an unexpected sell off during late Thursday – cause unknown. One would think...

IB FX View Pound eyes upside after bank upgrade Thursday July 23, 2009 In yesterday’s FX View we gave some reasons as to why the British pound was coming under selling pressure. As global stock markets rally investors are...

IB FX View Rekindling financial woes boost yen and dollar Wednesday July 22, 2009 A flurry of worrisome banking news compounded Fed chairman Bernanke’s recent words to Congress and shifted risk aversion up a notch...

IB FX View Bernanke’s cautious tone throws dollar lifeline Tuesday July 21, 2009 Currency markets were caught on the hop overnight when an OpEd piece penned by Fed chairman, Ben Bernanke appeared just hours ahead of his...

IB FX View Risk-on! Monday July 20, 2009 The creeping uncertainty with which the drama unfolded as CIT headed for near-bankruptcy last week cast a cloud over investors who would otherwise have been game-on for a rally. The...

IB FX View Bullish housing starts data undermines US dollar Friday July 17, 2009 Fatal explosions Thursday at hotels in Jakarta aroused a whiff of risk aversion in the currency markets. Investors sought the sanctity of the...

IB FX View Dollar simmers Thursday July 16, 2009 There is just a little bit of risk aversion playing out via the forex market today after a strong run for equity prices has been checked by a series of peripheral incidents...

IB FX View Risk appetite return sees dollar on its knees Wednesday July 15, 2009 Pro-growth currencies are off to the races led by a 1.6% gain for the Australian dollar and a 1.3% gain for the Canadian dollar. More and more...

IB FX View Geithner’s plan Tuesday July 14, 2009 It would be a brave man who stood in front of a hall full of wealthy Arabs and told them that the U.S. economy was headed irreversibly downhill dragging the dollar in tow,...

IB FX View Japanese car wreck Monday July 13, 2009 Demand for both dollars and yen remained firm to start the trading week as ongoing fears over the global recovery grew. This data-heavy week will reveal more about the state of...