All Blogs
One comment sunk EURUSD down to 1.1263 "Further stimulus is in the pipeline" said the ECB head man, and the euro duly obliged by dropping a quick 30 pips. Of course, no one is really expecting any further action but the comment has caught some off guard...
It's taken a while but finally someone has managed to put forward some sensible reasoning on the EU vote Thumbs up to Andrew Lilico of Europe Economics for presenting some interesting analysis on one side of the argument, and Timothy Lee from Vox for bringing it to our attention...
It's been almost a month since I gave my own views on the Brexit saga so has anything changed? If you want to catch up, this was my post a month ago, just detailing how I saw things then...
GBPJPY: The cross closed higher on Monday and was seen following through higher as at the time of this analysis. On the downside, support comes in at the 154.00 level where a violation will aim at the 153.00 level. A break below here will target the 152.00 level followed by the 151.00 level...
Dear Traders, The British pound is exposed to extremely volatile trading conditions in the run-up to the U.K. referendum. Separate polls are showing leads for both sides, creating uncertainty among speculators...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 21st GBP/USD has broken through key resistance level of 1.47 this morning and now is testing three-week highs over this level...
German Constitutional court rules on OMT cases Backs OMT program with caveats These were some other challenges made by various parties and came after the main case was passed from the German court to the European Court of Justice, which also found no problems with the OMT program...
Peoples Bank of China out with their latest report 21 June 2016 hopes to keep economic growth within reasonable range expects mild acceleration in inflation will strictly control addition of industrial capacity will proactively deal with zombie firms...
Polls and the eventual counting of votes will determine direction in GBP heading into June 23. A ‘remain’ outcome will see pound rally to around 1.50 against the dollar, while a ‘leave’ vote will see pound fall to around 1.30 against the dollar, and also see strength in yen...
Nikkei has a good day session highs 21 June 2016 +203.81 open 15875.81 high 16202.30 low 15770.96...
Japanese PM speaking in Tokyo 21 June 2016 wants to make use of neg rates for growth investments will do utmost to shorten period of pension eligibility to compile extra budget once tax revenue estimate is confirmed benefits for low-income pensioners a pressing issue...
Your Economic data/Event calendar for today 21 June 2016 Greetings one and all and welcome to Tuesday's edition of Brexit poll countdown. Not a lot on the data front again but that's not stopping the fun n games particularly on GBP related pairs...
Japan April All Industries Activity index 21 June 2016 +0.2% prev revised up from +0.1% Better than expected but not a price changer in its own right, especially with so much else going on right now...
BoA / ML on euro, yen and Swiss franc (oh, and the GBP) We expect both GBP/USD and GBP/JPY to be the major causalities as Brexit triggers a broader risk-off wave. Our Japanese strategists believe USD/JPY is likely to fall decisively below ¥100 and is technically vulnerable to a move toward ¥95...
Reserve Bank of Australia June meeting minutes out now Appreciation of AUD could complicate adjustment of economy to the lower terms of trade Board judged leaving rates steady at June 7 meeting was consistent with sustainable growth Low interest rates and weaker AUD since 2013 helped support abov...
Here's a piece from Reuters on liquidity considerations as we head into June 23 It's a good background read on structural developments in markets: ... prices, especially exchange rates, suddenly taking off in one direction or the other...
Bank of Japan April monetary policy board meeting minutes Underlying trend in inflation improving gradually Japan's economy continuing to recover gradually A few members more cautious on outlook for Japan inflation trend Should consider more flexible JGB purchases...
Actually, its author J.K Rowling ... but since she is the creator of the 3 in the headline I've taken a bit of licence...
I'll keep this brief, if you want a detailed nitty gritty timetable of when, for example, Upper Kumbuckta West will declare, this ain't it. Forget Shakespeare, this is the question: Should the United Kingdom remain a member of the European Union or leave the European Union...
The results of the Reuters Tankan survey for June. Via, errr, yeah, Reuters. Headline results: June manufacturers' sentiment index +3 vs +2 in May Service-sector firms' index hit three-year low of +17 (from 19 in May...
