EUR

Summary: German Ifo business climate hits the highest level since 1991 Businesses optimistic on economic outlook ECB minutes show members differ on announcing QE end date Eurozone flash manufacturing and services PMI rise… Read More

For the 2nd time in almost one year, the EUR/GBP exchange rate attempts and fails to hit the headline-grabbing parity level 1-1.  During the Eurozone crisis, a popular opinion backed the euro to fall towards the GBP 0.50 level.  After the… Read More

Political Risks Remain Elevated The last 12 months have been a constant source of political event-risk with Brexit, the US elections, and European elections all causing elevated volatility at times. Heading into the final third of 2017… Read More

The week ahead is poised to remain quiet with most of the economic releases focusing on the second-tier data. Therefore, the Jackson Hole Symposium which takes place every year will be the main highlight. The symposium is scheduled to begin… Read More

At the beginning of the year, the Euro kicked off the year lower and posted the lowest level since 2003 around 1.04. Back then, investment banks were very bearish on the Euro, estimating a sharp decline well below the parity level with the… Read More

Despite the recent remarks by many of the Federal Reserve members last week, the US Dollar failed once again to sustain any gains across the board. This is also despite the fact that the Federal Reserve is planning to sell some of its… Read More

The global news stations were busy over the weekend covering the biggest cyber-attack in the history, which affected more than 200,000 businesses across Asia, Europe, and the US, raised many questions and red flags about the exchanges… Read More

The European Central Bank today decided to keep the current policy unchanged including the three main rates. The ECB Refinancing Rate at record low 0.0% and the deposit rate at -0.4%. However, the statement showed some dovish remarks,… Read More

The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls… Read More

For the past two years, when things in Europe started to get complicated, especially when growth stagnate and inflation slowed down significantly, everyone turned bearish on the Euro, and they were right about it. The Euro lost more than… Read More