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The EUR has been supported, mainly on the back of stable central bank rate expectations. One must note that Eurozone inflation expectations as measured by 5Y forward breakeven rates have been stabilising, irrespective of the appreciating single

1.Bullish -Gold Gold price may be underpinned amid increasing gold investment demand.  Spot gold/USD may test higher to $1308. 2. Bearish -GBP GBP was undermined as UK manufacturing and services PMI dropped, reflecting UK economic

Brexit could help push EUR/USD lower Watching EUR: A sustained EUR decline requires either long-term capital exports via EMU-based financial institutions to exceed the region's ~2% of GDP current account surplus or EUR to be used extensively as a

John Paulson had been a big gold bull, but he has cut his bets (according to U.S. Securities and Exchange Commission filings showing on Monday) Paulson & Co, led by John Paulson cut its SPDR Gold Trust ETF investment by

Fed's Williams and Lockhart have both feet on the brakes as they speak on a panel discussion The Fed's Lockhart and Williams spoke on a panel discussion in Washington, and true to Fed form, they both had their feet on the brakes to slow down this

RBA Minutes sparked AUD/USD gains From Morgan Stanley: We view the overnight AUD rebound launched by the release of RBA minutes as providing a selling opportunity.  The board considered the fact there was no material change in the outlook for

Two regional Fed bank presidents expressed Tuesday openness to raising interest rates at the June meeting of the policymaking Federal Open Market Committee, but neither committed to supporting a rate hike just yet. "It think certainly could be a

Barclays: As expected, the FOMC took a cautious stance at its April meeting. We viewed the statement as leaving the door open for June but by no means promising a rate hike.   Although we believe that data since the April meeting have likely

So says the chairman of the EU's security watchdog Is doing scenario planning incase the UK votes to leave Britain outside of the EU would have detrimental effect on the bloc's plans for capital market union

Kocherlakota said weaker currencies would help global growth but not hurt US Former Minneapolis Fed President Narayana Kocherlakota is out with a column today arguing that other countries should work to devalue their currencies against the US dollar

Highlights of the Minutes from the April 26-27 FOMC meeting: Range of views on whether data would support June hike Here is the April 27, 2016 FOMC statement Big jump in the US dollar on the 'likely' hike talk. S&P 500 drops about 15 points

Comparison of the April 2016 FOMC Minutes to the October 2015 Minutes The last time the FOMC hiked rates was in December. Before the announcement, one of the big signals they sent came in the Minutes of the final FOMC meeting beforehand. That

The latest from Moody's Global Credit Research: Global growth to remain muted as emerging markets weigh on US, advanced economies Moody's has lowered its growth projection for the US to 2.0% from 2.3% for 2016 To reflect weakness in the first quarter

Credit Agricole:  FOMC voters want to keep their options open for raising rates in June. They seek to “maintain the flexibility to make this decision based on how the incoming data and developments shaped their outlook for the labor market and

The National Institute of Economic and Social Research out with their latest findings on Brexit 10 May 2016          * if UK votes to Leave EU 2017 GDP will be 1% lower and 2.3% lower in 2018

Latest client report from the US investment house 10 May 2016 Courtesy of our friends at efxnews.com. Click here for a free trial. "We now believe it is time again to short CAD as we expect the market to price a higher probability of a BoC cut this

The international press is replete with stories of poor investor returns and discretionary fund closures this year. Reuters reports1 that Q1 2016 marked the first quarter of outflows from hedge funds since the financial crisis. Reports like this beg

The depreciation in the US dollar is over, Goldman Sachs chief currency strategist predicted on Wednesday, given that the greenback still rallied despite last week’s payroll data for April which showed the weakest job growth in seven months. "We

In G10 FX, the AUD has failed to hold onto gains following the strong consumer confidence data. Meanwhile the NZD was the biggest mover during Asia hours. RBNZ Governor Wheeler was speaking and has been interpreted as sounding less inclined to cut