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What had been an uneventful week for EUR/USD changed dramatically on Thursday, as the pair plunged some 200 points. This followed the ECB announcement of a broad cut to interest...
Forex News and Events: The ECB cut all three rates by 10 basis points through a surprise decision in September meeting; the main refinancing rate has been lowered to 0.05%, the marginal lending rate...
Yesterday was another monumental day for the European Central Bank (ECB). This time, the ECB pulled off what must have been the most unexpected move of 2014 so far from any central bank. The ECB...
The pair dropped sharply close to 88.6% correction at 1.2895. The long bearish candle formed yesterday might be pressuring the pair in light of the negativity showing on Linear Regression Indicators,...
After trading in a sub-100 pip range since June's European Central Bank meeting — a record streak almost three times longer than the previous record since 2002 — the EURUSD uncorked a...
The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and S&P500 as provided by the technical strategy team at SEB Group.EUR/USD: ECB was a clear Drag(hi) on the euro. The...
The European Central Bank surprisingly cut all its interest rates by 10bps and announced that the governing council decided to start purchasing non-financial private sector assets. The two new...
The U.S. Dollar came close to trading at the lowest rate in almost twelve months on speculation that the European Central Bank would add stimulus at the conclusion of its policy meeting. However, it...
Market BriefIn a surprise action, the ECB cut all its three rates by 10 basis points, sending EUR aggressively lower. Additionally, Mr. Draghi announced that the ECB will start buying private debt...
EUR/USDRisk reward: 1.72Trend: DownSell at 1.2945 SL 1.2977 TP 1.2890USD/JPYRisk reward: 1.44Trend: UpBuy at 105.26 SL 104.94 TP 105.72GBP/USDRisk reward: 2.06Trend: Strong DownSell at 1.6332 SL...
EUR/USD The euro was smashed yesterday and fell to fresh 14-month lows, on extension which retraced over 50% of larger 1.2042/1.3992 ascend and took out psychological 1.3000 support. Near-term...
Dollar stays firm against against European majors after yesterday's ECB triggered selloff in euro. Focus will turn to employment data from US today. Markets are expecting the non-farm payroll report...
EUR/USDThe euro fell to 14-month lows against the dollar on Thursday after the European Central Bank cut interest rates across the euro zone and said it was launching an asset-backed securities...