All Blogs
The most important message from the March ECB meeting has been the apparent shift away from trying to cheapen the EUR and towards policies to stimulate domestic demand by propping up the Eurozone's lending channel...
AUD/USD: HITTING RESISTANCE… The AUD/USD traded in thin ranges but eased slightly off recent highs through the New York close. Commodities experienced another positive session with oil up near 4% and iron ore making 2016 highs. Local data today are light...
ECB Meeting is the Session's Highlight – BBH Research Team at BBH, suggests that it is unreasonable to expect the ECB to take fresh policy initiatives in today’s policy meet. Key Quotes “Last month it announced several new measures, and all of them have not been implemented...
Riksbank Cautiously Takes their Foot Off the Accelerator - TDS Research Team at TDS, notes that the Riksbank left rates unchanged at –0.50% and extended QE by a further SEK45bn over H2 as we expected...
ECB Preview: Re-Opening the Door to Rate Cuts – Danske Bank Senior Analyst, Pernille Bomholdt Henneberg at Danske Bank, expects a dovish tone from Draghi at the ECB meeting this week, but no new measures...
EUR/CHF Off Lows, Near 1.0990 Ahead of ECB After bottoming out near 1.0960 in early trade, EUR/CHF has managed to regain the 1.0980 area ahead of ECB...
EUR/GBP Drops to Fresh 3-Week Low Ahead of ECB The EUR/GBP pair gave up all of its bounce recorded post weak UK retail sale data and has dropped to a fresh three-week low, trading with a weakness of over 0.20% on EUR weakness ahead of the important ECB monetary policy decision announcement...
AUD/JPY Off highs, Flirts with 200-DMA The bid tone surrounding the AUD/JPY cross weakened a bit in the European session, dragging the prices slightly lower from daily tops. AUD/JPY trims gains on Aussie retreat The AUD/JPY pair now trades 0.09% to 85.70, flirting with 200-DMA located at 85.74...
ECB Policy Meeting Unlikely to Materially Impact the Euro - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the euro has weakened modestly ahead of today’s ECB policy meeting and they are not expecting the meeting to have a material impact on the euro...
ECB Preview: 7 Major Banks Expectations from ECB’s April Meet As we head towards the ECB’s April meeting, following are the expectations as forecasted by the economists and researchers of 7 major banks...
NZD/USD Pullback Should be Corrective – UOB In view of analysts at UOB Group, the ongoing leg lower of the Kiwi dollar could have short legs. Key Quotes “We turned bullish NZD yesterday and there is no change to the view”...
USD/JPY Bounces of 109.50 Resistance Turned Support Wednesday's strong existing home sales data assisted USD to scale higher against most major currencies, including USD/JPY pair that broke through 109.50 handle to settle at day high level of 109.85. USDJPY could be eyeing 110...
EUR/USD Unmotivated Around 1.1300, ECB Eyed EUR/USD keeps its sidelined pattern around the 1.1300 handle during the European morning on Thursday amidst mixed risk appetite trends. EUR/USD focus on US calendar The pair is looking to consolidate yesterday’s sharp drop from the boundaries of the 1...
GBP/USD Reverses UK Data-led Slide, Jumps Above 1.4360 Fresh bids emerged right at 1.43 handle, allowing the bulls to embark upon a solid 50-pips recovery mode in the last hour amid broad commodities rally. GBP/USD supported at 1.4300 The GBP/USD pair trades 0.22% to fresh session highs at 1...
UK Retail Sales Plunge - ING James Smith, Economist at ING, suggests that the latest batch of UK retail sales data was very disappointing and adds to the generally downbeat tone of UK data released over the past week...
Gold Rallies 1%, Hits Fresh Weekly Highs at $ 1260 Gold extends its recovery from the previous slide and now runs through fresh bids in the European session, taking the prices to fresh one-week tops. Gold bounces-off key support at $ 1242 Currently, gold jumps +1.02% to 1258...
NOK Appreciation Expected to Slower the Pace – Danske Bank Chief Analyst at Danske Bank Jakob Christensen has assessed the prospects of the NOK ahead in the year. Key Quotes “With regard to the NOK, there are relative few releases of economic data...
What we have seen for the past months in the metals market has been increased volatility mainly caused by the diverging monetary policies of different central banks...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, April 21th EUR/USD pair has returned to 1.13 spot after nearly reaching 1.14. Euro lost almost cent against greenback on Wednesday, and now pair is trading in a flat range between 1.1290 and 1.1305...
