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Forex related news and articles.
 
February 16, 2017

ECB: No new QE distribution coming – Danske Bank

Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank, said that according to the minutes of the latest European Central Bank meeting, the bank is not about to introduce new QE […]
February 16, 2017

The Dollar pullback causes all kinds of trouble

Outlook: Once a corrective pullback gets star ted, and r emember this one was delayed, it takes a big gun to stop it. Today’s data plate is skimpy–Jan housing starts […]
February 16, 2017

USD/CAD short term stance stays neutral – Scotiabank

FX Strategist at Scotiabank Eric Theoret noted the pair is extending its sideline theme around 1.3100 amidst a broad-based neutral picture. Key Quotes “Oil prices are up on OPEC headlines, […]
February 16, 2017

Globalization and representative governments

Analysts at Brown Brothers Harriman explained that, yes, globalization and representative governments are being tested. Key Quotes: “The consensus narrative suggests that if failed even before this test.  And yet, a closer […]
February 16, 2017

EUR/USD clings to recovery gains beyond 1.0600 handle ahead of ECB minutes

A fresh wave of greenback selling pressure emerged during mid European session, helping the EUR/USD pair to extend its ongoing recovery move from Wednesday’s multi-week lows near 1.0520 region. Currently […]
February 16, 2017

Market wrap: dollar fuelled by US data – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: “Global market sentiment: Strong US data pushed US interest rates and the US dollar higher but the reaction was not sustained. […]
February 16, 2017

When is the Australian Employment Report for January and how could affect AUD/USD?

Employment Report Overview The RBA will be watching this one for January very closely looking for continued improvements in the data after December’s that was beating expectations for the second […]