Tags Posts tagged with "EUR"

EUR

0

Like the Bank of England (BoE), the European Central Bank (ECB) has not changed its monetary policy at its first meeting since Brexit.

0

With an 8-1 majority BOE decided to keep its key rate at 0.5% - which has remained unchanged since 2009 - and to keep its asset purchase program steady.

5

Brexit offers some unique opportunities for the contrarian trader. In this article I'll explain why I am trading against the crowd and what my trade setup for this momentus event will be.

0

A stream of soft economic data from the US over the past weeks has been broadly supportive of cable. This change in fundamentals was enough to reverse the bearish trend.

0

The Federal Reserve released its minutes today and confirmed what many had suspected. The delay in tightening monetary policy was close but weakness in the global economy tipped the balance on the side of caution.

0

The Bank of England held tight again this month with a vote to keep interest rates unchanged at 0.5 percent. Few analysts see tightening getting underway before next spring.

0

Tomorrow will also mark the Bank of England’s October monetary policy committee meeting and release of their policy statement. No change in rates or QE is expected but the statement will be closely scrutinized

0

The US dollar recovered somewhat after sharp falls at the end of last week. The greenback pushed higher against the British pound and the euro both of which were suffering on weak fundamentals. USD/JPY also rallied upwards as risk appetite improved and the yen saw an outflow of funds.

0

A recovery in GBP/USD was set into reverse on Monday on further evidence that the UK economy is cooling. The services sector, the main cornerstone of the economy, weakened significantly in September.

0

The greenback fell against the euro, the Japanese yen and the pound pulling back some of yesterday’s strong gains. Activity was subdued though with most traders waiting on tomorrow’s nonfarm payrolls before placing trades of any size.