Draghi

The euro came under heavy selling pressure yesterday in response to fresh dovish comments from ECB president Draghi. Draghi spoke at the ECB's Sintra conference in Portugal. During his speech, he gave the market a very clear signal that… Read More

After a quiet start to the week, the markets were treated to two major themes on Tuesday. Equities posted some gains after reports that President Trump will be meeting with Chinese Premier Xi on the sidelines of the G-20 summit. There is… Read More

Dollar Higher The US dollar has traded higher again today, marking its fifth consecutive winning day so far as the Index breaks back above the 97.10 level. Continued declines in other G10 currencies are keeping the greenback well bid,… Read More

The economic calendar for the week ahead will start off a new trading month. Focus shifts to the important economic indicators for the month of May. These will shed light on how the global economy has fared amid a lot of uncertainties in… Read More

USD Keeping Quiet Its been a stagnant week so far for the US dollar. The index is continuing to tread water in the middle of the 97.10–97.68 range. A lack of key US data has seen focus shift elsewhere with little on the slate for today’s… Read More

The European Central bank will be holding its monetary policy meeting tomorrow. President Mario Draghi and the governing council will be keeping monetary policy unchanged. This comes as the central bank announced policy changes at the… Read More

The week ahead is a bit slow with economic data taking a backseat. The main event risks this week will be the European Central bank’s monetary policy meeting and the Fed meeting minutes. Brexit will remain in the headlines as the EU… Read More

The European Central Bank will be releasing its monetary policy meeting accounts today. The minutes cover the monetary policy meeting held in early March. Back then, policymakers in the eurozone decided to leave all key interest rates… Read More

The January trade deficit data for the United States showed a decline of 15% with the deficit shrinking from a revised $59.9 billion in December to $51.1. The deficit shrank on lower oil imports and surged in soybean exports. The data… Read More

RBNZ Sends NZD Sinking A quiet data sheet today saw limited moves over the European morning following explosive moves in NZD last night. This came in response to the RBNZ rate decision. While the bank kept policy unchanged, NZD was sent… Read More