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Why bank profits matter for FX? There are two main reasons why bank profitability should matter for an FX investor. Firstly,  higher expected returns could cause banks to start to lend outside their own region, which would weaken the domestic

We do not expect the Bank of England (BoE) to announce any significant change to its monetary policy stance at its meeting next Thursday (15 September). The GBP continues to benefit from a squeeze in short positioning as UK data has not showed as

London traded nearly twice as much currency than did its nearest rival New York shows the latest data on foreign exchange markets provided by the Bank for International Settlements . The daily average total turnover in foreign currency traded in

Former congressman Ron Paul is outspoken. When he retired from Congress, he called lawmakers psychopathic authoritarians to their faces . He’s also called Donald Trump an authoritarian  and asserted Hillary Clinton could have run as a Republican

The more that Federal Reserve officials speak, the more confused investors and economists become. Fed Governor Daniel Tarullo repeated his cautious assessment of the economy during an interview Friday on CNBC television, while Boston Fed President

Our friends at Fasanara Capital have released a new report, which in keeping with the Mayfair fund's recent trend of gloomy predictions, has looked beyond the current set of adverse socioeconomic development jarring Europe, and looks forward to the

ECB President Mario Draghi famously pledged to do “whatever it takes” to restore eurozone growth. His attempts to fulfill that promise have led to NIRP and other bizarre policies like the central bank’s massive asset purchases. Whether the ECB’s

A key support level in the GBP to EUR exchange rate managed to stem losses and gives this currency pair a shot at delivering gains in the coming week. British Pound to Euro exchange rate today: 1.1810, 48 hour best rate: 1.1874 Euro to Pound Sterling

WPAC warn to watch for a shortfall in the August nonfarm payroll headline data From Westpac's New York based G10 FX strategist Richard Franulovich: August is a tricky month for the statistician, peak summer holidays affecting the response rate The

Sentiment toward UK assets has improved, helped by a range of anecdotal and high frequency data that suggest the near-term hit to the UK economy may have been less than many feared. These have centred on retail spending, tourism and manufacturing

This week brings with it some front-line UK economic data releases - they could just be the ticket to unleashing a notable move in Pound Sterling that one analyst tells us is overdue.  Pound to Euro exchange rate today: 1.1746, 24 hour best

With the 23:00 BST deadline approaching, clubs have spent more than £1bn in a single transfer window for the first time, says Deloitte. The spending spree has been sparked by a new £5bn three-year television deal, which begins this season. Each club

Four 'high-conviction' trade ideas from Westpac Analysts at Westpac are looking for a pullback in the US dollar to establish long positions on four fronts. Here's what they say: Sell EUR/USD at 1.1335, stop 1.1440.  Softer IFO, EC surveys and

We underline our bullish calls for the EUR and CHF based on our assessment of the capability of European financial institutions exporting capital . The SNB’s continued intervention adds to EUR support,explaining why downbeat EMU inflation data had a

Sentiment toward UK assets has improved, helped by a range of anecdotal and high frequency data that suggest the near-term hit to the UK economy may have been less than many feared. These have centred on retail spending, tourism and manufacturing

We underline our bullish calls for the EUR and CHF based on our assessment of the capability of European financial institutions exporting capital . The SNB's continued intervention adds to EUR support,explaining why downbeat EMU inflation data had a

While the trading world was focused on the latest news involving Deutsche Bank, namely that the troubled German bank had been contemplating a merger with Germany's other mega-bank , Commerzbank as part of a strategy to sell all or part of a key

Pound Sterling surges on an incredibly strong reading from the UK manufacturing sector. Brexit? What Brexit? Manufacturing PMI data smashes expectations August ends with better-than-forecast house price data RBS confirm they retain a forecast for a

The EUR has been broadly range-bound for most of the last few months, mainly on the back of stable ECB monetary policy expectations. Limited room of further rising central bank easing expectations seems to have reduced the single currency’s funding

UK foreign exchange activity fell 11% over the course of last 3 years, but London managed to keep the global foreign exchange leadership position, the report from the Bank of England in cooperation with the Bank for International Settlement showed