Central Bank

The phenomenon of the Santa Rally is typically more associated with the stock market. But it is still relevant to currency traders, because the risk attitude shift. The better performance in equities typically translates into emerging…
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Normally, the FOMC minutes impact are the highlight of the week. But, the market is unlikely to ignore them when they come out on Wednesday as they focus on a much more pressing matter: The Fed's symposium at Jackson Hole, Wyoming. That…
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As the global economy loses dynamism, the lack of growth isn't evenly distributed. That means some currencies stand to gain, while others lag. The recent global trade balance figures suggest an emerging pattern of where money is flowing,…
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EURUSD remains in a downtrend The US dollar continues to surge against its major rival as the Fed signals a dovish future. The euro remains pressured under the 20-day SMA as it sought to preserve its gains above December’s high above…
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Tomorrow is the first ECB meeting of the new year, and investors will be keen to see if there are any signs for when the dovish pivot will happen. Members of the shared central bank have been trying to counter speculation of a turn towards…
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The Bank of Canada is one of the few central banks still balancing between hiking and cutting. Although the consensus is pretty strong that the upcoming meeting will end without any policy changes, the uncertainty does imply more volatility…
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EURUSD consolidates ahead of ECB meeting The euro steadies as the market hopes for a hawkish turn in monetary policy. Inflation across the Euro zone saw a sharp retreat with the latest print at 2.4%, from over 10% just a year ago. More…
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