EUR

On December 7-8 the leading German center-right party, the Christian Democrat Union (CDU) will hold its annual conference, which is especially important for the markets this time because they are expected to elect a new party leader.  This… Read More

The U.S. dollar was seen trading subdued on Thursday in the backdrop of the dovish interpretation from Fed Chair Powell's speech on Wednesday. Economic data on the day showed that Swiss GDP contracted 0.2% on the quarter ending… Read More

EURUSD Non-Commercials increased their net short positions in the Euro last week selling a further 14k contracts to take the total position to -47k contracts. EUR has remained in a slump over recent weeks with the policy divergence… Read More

The U.S. dollar managed to maintain its dominance closing the week with gains. However, performance was rather mixed with the Kiwi dollar posting the strongest gains. The UK's quarterly GDP report showed that the economy advanced 0.6% on… Read More

The U.S. dollar was seen edging higher on Thursday. On the economic front, data included the German trade balance which rose 17.6 billion. This was smaller than the forecasts of 18.2 billion. The European Commission released its economic… Read More

The ECB will have been relieved to receive the latest Eurozone inflation data as, following the weaker than expected 3Q Eurozone GDP figures, inflation surprised to the upside. The flash estimate for Eurozone HICP inflation came in at 2.2%… Read More

The U.S. dollar continued to post gains on Tuesday. Economic data on the day showed that the Eurozone's initial estimates of the third quarter GDP grew just 0.2% in the three months ending September 2018. This brought the annual GDP growth… Read More