Author: Interactive Brokers

IB FX View Swiss antics and OECD report dominate Wednesday June 24, 2009 The major early action involved reportedly large-scale selling intervention of the Swiss franc by the Swiss National Bank and agents apparently including...

IB FX View Soothing FOMC statement eyed as dollar eases Tuesday June 23, 2009 Today we have bearish words from Bundesbank leaders, Herr Axel Weber pitted against the growing view that the Fed will pour cold water on the prospect...

IB FX View World Bank revision sours risk appeal Monday June 22, 2009 “Yum. Those green shoots were delicious,” said one panda to the other. “Are there any more?” “I’m afraid not,”...

IB FX View Dollar headstrong in light of rising risk appetite Friday June 19, 2009 In yesterday’s opening commentary we questioned whether investors needed to get some “dollar-bashing out of its system”...

IB FX View Philly Fed survey roils dollar Thursday June 18, 2009 A surprise jump in the Philadelphia Fed report of business expectations was taken as a complimentary measure in support of the first downturn in continuing jobless...

IB FX View Pound weakens as unemployment rises Wednesday June 17, 2009 The stand out loser in today’s currency trading is the British pound, which has lost almost two cents to $1.6267 and weakened to 85.29 pennies against...

IB FX View Euro boosted by investor confidence: Dollar rebounds Tuesday June 16, 2009 The early market tone took its cue from Japan and Germany where data pointed to more confidence in recovering conditions. The Bank of Japan...

IB FX View Russia back peddles over role of dollar Monday June 15, 2009 This weekend’s G8 meeting in Italy produced a lengthy communiqufrom the world’s leading economic super powers. The statement was cautious in...

IB FX View Japanese support for dollar assets trumps Chinese data Friday June 12, 2009 The dollar is making weekly gains ahead of the Italian G8 summit at the weekend as some investors perhaps rein in short dollar positions for...

IB FX View Dollar quandary Thursday June 11, 2009 Against the euro, the value of the dollar has pivoted around $1.40 Thursday morning with two views battling for supremacy in driving the next five cents in either direction....