technical analysis

Daily Forex Market Preview, 14/09/2018 The Bank of England and the ECB’s monetary policy meetings were held yesterday. Both the central banks left interest rates unchanged as widely expected. The BoE was seen preparing the markets for a no-deal Brexit. The Governor, Mark Carney will be extending his term as the central bank’s governor until 202...

2018-09-14 John Benjamin Read more

As expected, the ECB’s September meeting saw the bank keeping rates unchanged while announcing that QE purchases will be reduced by 15 billion EUR per month until year end at which point “subject to incoming data confirming the medium-term inflation outlook, net purchases will then end”.  The ECB also reiterated its message that rates will stay ...

2018-09-14 James Harte Read more
technical analysis 13th September

Daily Forex Market Preview, 13/09/2018 The U.S. dollar eased back strongly on Wednesday. The United States was seen making attempts to hold trade talks with China. On the economic front, data from the Labor Department showed that producer prices fell 0.1% in August unexpectedly. This was the first monthly decline since February 2017. Economists...

2018-09-13 John Benjamin Read more
ecb

At the ECB’s September meeting tomorrow, the market is widely expecting the bank to keep current policy on hold in line with its earlier guidance that rates will remain at current levels “at least through summer of 2019”.  However, the bank is expected to announce a reduction in asset purchases from 30 billion EUR per month to 15 billion EUR per...

2018-09-12 James Harte Read more
eurozone

Business activity in the private sector was seen picking up steam last month, official data showed and the pace of solid growth continued. However, the global trade war uncertainty was seen keeping optimism in check and further indicating that growth could slow. Expectations from businesses about activity for the year ahead had dropped to the...

2018-09-12 John Benjamin Read more
forex week ahead

The week ahead starts off on a busy note with China's inflation figures due to come out for August. It is also a busy week for the British pound which will see the release of the monthly jobs report alongside the newly started monthly GDP figures. Data from the United States will cover the producer price and consumer price index data for the ...

2018-09-10 John Benjamin Read more
central banks

As we move through the final month of the penultimate quarter of the year, I thought it would be good to have a quick catch up on where the four major G10 central banks are at. It's been a far busier summer than usual with ongoing trade disputes, political turmoil around Brexit and sharp moves in oil, equity and commodity markets which are all h...

2018-09-06 James Harte Read more
ecb

The European Central bank released the meeting minutes from the July 26 monetary policy meeting. Central bank officials noted that protectionism and the uncertainty from the global trade war remained the biggest risks for the Eurozone economy. [shortcode-variables slug="act_tradeideas"] "Uncertainties related to global factors remained promi...

2018-08-31 John Benjamin Read more
technical analysis

Daily Forex Market Preview, 24/08/2018 The U.S. dollar was seen recovering from the losses on Thursday. The reversal came following the release of the FOMC meeting minutes. Economic data on the day showed that the ECB officials were concerned about the risks of the uncertainty from the global trade policies. However, officials remained fairl...

2018-08-24 John Benjamin Read more
forex week ahead

Economic data for the week ahead take a backseat with no major releases scheduled. Against this backdrop, investors are likely to remain cautious with the ongoing uncertainty regarding the U.S. sanctions, trade tariffs, and President Trump's tweets. The economic calendar for the week ahead covers the RBA's monetary policy meeting minutes. Lat...

2018-08-20 John Benjamin Read more