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The European Central Bank adopted a greater quantitative easing measures than investors were expecting, as yesterday’s monetary policy of the Bank has unveiled.In addition to fulfilling the...
SPOILER ALERT. That is how the boy who cried wolf fairytale ends. In the ECB’s case, with a 400 pip, rip your face off rally!EUR/USD 15 Minute: The biggest single day rally since the last cut in...
The Canadian dollar has experienced a torrid few weeks as the pair’s sentiment has suffered numerous blows due to the ongoing rout in global energy prices. However, the charts are signalling...
The Bank of Canada decided once again to hold its target overnight interest rate at 0.5%. The overall message from the statement on monetary policy is that economic developments are unfolding just as...
Gold: Having closed higher and seen following through during early trading today, gold faces further sees bullish momentum. On the downside, support comes in at the 1,270.00 level where a break will...
Intra-Day Market Moving News and Views (USD/JPY) 11 Mar 2016 02:00GMTUSD/JPY A government survey showed that the Japanese business sentiment worsened sharply in the first quarter, suggesting that...
After massively disappointing traders’ high hopes back in December, “Super” Mario Draghi and company were not going to make the same mistake again. Expectant traders and analysts...
New York Forex Report: Today we await the ECB Monetary Policy decision at 1245GMT, which will be followed by ECB Chief Mario Draghi’s Press Conference. The consensus seems to be looking for...
The tone of the Bank of Canada’s announcement was mostly neutral and even positive regarding the steady growth of exports in sectors unrelated to energy. There was no negative mention of the...
NZD/USD has posted gains on Thursday, following sharp losses in the Wednesday session. NZD is trading at 0.6670 in the North American session. In economic news, the RBNZ surprised the markets with a...
Daily FX wrap: Surprise ECB rate cuts/APP increase send EUR lower, but press conference revelations cause sharp turnaround. Mayhem all round!Today’s major FX action was all prompted by one...
A sense of unease scatters across the financial markets ahead of the heavily anticipated European Central Bank (ECB) press conference on Thursday in which the ECB is broadly expected to unleash...
The Australian dollar has posted gains on Thursday, continuing the upward movement in the Wednesday session. AUD/USD is trading at the 0.75 line early in the North American session. On the release...
The European Central Bank cut all three of its interest rates and expanded its asset-buying program on Thursday, delivering a bigger-than-expected cocktail of actions to boost the economy and stop...
CAD/JPYCurrently we are 85.98 near the top. We are looking to continue to the Range top @ 87.00 and maybe to the Day chart resistance @ 87.63. Look for the reversal at one of these areas. The average...