GO Markets FX Analysis | Risk currencies favoured but caution reigns supreme
November 14, 2012

Risk currencies favoured but caution reigns supreme Despite buoyancy across the risk spectrum, caution reigned supreme overnight with little in the way of conviction to carry markets significantly higher. True to form, Greece and the US fiscal cliff...

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GO Markets FX Analysis | Risk currencies drift higher but the fiscal blues persist
November 13, 2012

Markets drift higher but the fiscal blues persist In lighter than usual trading volumes due to the US Veterans Day holiday, stocks managed to squeeze out moderate gains overnight, but fiscal cliff concerns remained the ominous theme on the street. Th...

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GO Markets FX Analysis | Obama calls for grand bargain on fiscal cliff
November 12, 2012

Obama calls for grand bargain on fiscal cliff A sense of political closure lasted mere hours last week before Obama’s victory parade disbanded in place of the next political minefield, the fiscal cliff. The US dollar index which measures its value ...

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Cliff concerns infiltrate market psyche; Chinese data in focus
November 9, 2012

‘Fiscal cliff’ concerns infiltrate market psyche Following on From Wednesday’s slide, US equities remained heavy overnight with fiscal cliff concerns once again in the spotlight. In the wake of Obama’s re-election, concerns surrounding the go...

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GO Markets FX Analysis | Obama’s victory parade disbands as fiscal cliff concerns mount – 8th November 2012
November 8, 2012

A burst of energy from risk currencies quickly lost steam overnight, as markets refocused their gaze to the impending fiscal cliff in the wake of Obama’s re-election. Investors had been bracing for an elongated period of politically uncertainty giv...

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GO Markets FX Analysis – Markets rally in the face of political uncertainty – 7th November 2012
November 7, 2012

US equities record solid gains overnight despite the threat of an extended period of political uncertainty. At this juncture, political pundits suggest the result of the presidential election is too close to call, and an unconvincing result will open...

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GO Markets FX Analysis – AUD buoyant ahead of RBA – 6th November 2012
November 6, 2012

Following on from Friday, risk trends favoured the perceived safety of the US dollar overnight, with markets transfixed on the presidential election as voters head to the polls this evening (local time). Although Obama’s democrats are odds on favou...

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Global risk trends, US election, and RBA to define Aussie’s next move
November 5, 2012

After a series of attempts to flush out offers above 104 US cents last week, the Aussie dollar succumbed to largely negative risk trends on Friday, closing the week an overall 0.35 percent in the red. On balance, better-than-expected data both locall...

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US dollar softens as European equities find form
October 31, 2012

US equity markets remained closed overnight in light of hurricane Sandy – now reclassified as post-tropical cyclone – which has devastated much of the east coast, including that of the heavily populated financial hub of New York. With the damage ...

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Investors take defensive stance as hurricane Sandy hits US east coast
October 30, 2012

US markets were closed overnight and will remain so on Tuesday in anticipation of hurricane Sandy, which is threatening the highly populated east coast of America, including the global business hub of New York. The significant drop in market particip...

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