Euro Forecast for the Week Ahead: EUR/USD Outlook Turns Bearish Again
EUR/USD began last week brightly enough but fell sharply Thursday and now looks likely to drop further as the markets begin to believe ECB President Lagarde that Eurozone rate hikes…
Read More »BoE: Rates to Rise, but Less Than Markets Feared
The BoE wrong-footed markets and kept rates unchanged at today’s meeting, and while the central bank sent a clear signal that the Bank Rate will move higher in the coming…
Read More »It’s all about the Fed taper and beyond…
Overnight Headlines *US stocks post record highs, eyes on the FOMC meeting *USD edged higher, trading just above 94 *US spending bill shows new progress in house, sticking points remain…
Read More »Euro Forecast: EUR/USD Rally More Likely After Traders Ignore Dovish Lagarde
The reaction in the FX markets to last Thursday’s comments by the ECB President was odd: she was dovish, yet the Euro climbed. That suggests more near-term upside for the…
Read More »Sentiment soured by tech titans
Overnight Headlines *US futures lower after Apple and Amazon earnings disappointment *USD wallows near one-month low, strong euro and stock rally weigh *Oil set for first weekly drop since August…
Read More »Markets drift ahead of US data and the ECB meeting
Overnight Headlines *US stocks sold off late on, backing away from record highs *USD slid modestly lower closing below 94 *The BoJ left policies unchanged, cutting growth and inflation forecasts…
Read More »Euro Forecast: ECB Meeting Will Aim to Keep EUR/USD Stable, All Settings Unchanged
The European Central Bank will consider it a job well done if there is no movement in EUR/USD or the Euro crosses before, during or after Thursday’s policy announcements by…
Read More »Events to Look Out for Next Week
The BoC, BoJ and ECB policy meetings and press conferences are the central bank highlights this week even though they are unlikely to offer up any changes of their policies,…
Read More »ECB President Lagarde says (too) that the current rise in inflation is largely transitory
European Central Bank President Christine Lagarde spoke on Saturday at an International Monetary Fund event. Remarks from Lagarde (via Bloomberg report (may be gated) – )
Read More »Events to Look Out for Next Week
Welcome to our weekly agenda, our briefing of all the key financial events globally. Stagflation concerns are mounting amid an ongoing rise in energy prices, and more signs that global…
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