Many currency pairs, including the AUD , CHF, and NZD, are seeing larger than usual gaps between the bid and ask prices as increasing spreads are becoming more and more common. But the good news…
Forex News
Outlook on the FOMC Decision
The Dow Jones-FXCM U.S. Dollar struggles to retain the advance from the bullish reaction to the recent FOMC interest rate decision. Although the Fed keeps it on the table for a 2015 liftoff, the current economic slowdown may push the…
ECB – Interest Rates Remain 0.05 Percent
After much hype and anticipation, the European Central Bank (ECB) kept interest rates unchanged. The deposit rate, minus 0.2 percent and the marginal lending rate, and 0.3 percent also remained the same. The ECB is struggling…
Bullish Outlook Seen on GBP, AUD
Possible bullish reaction to an uptick in the core rate of inflation in GBP/USD may put pressure is on the Bank of England (BoE) to soon normalize monetary policy. Keep in mind key speeches by BoE…
Fed Minutes Expose Concern for Global Economy
The FOMC minutes clearly shows the Fed concern about global growth. Even though Ms. Yellen remarked in a press conference that the Fed was still on track for a 2015 rate hike, the minutes show…
Eurozone News – Focus on Greece
In Luxembourg today, the Eurozone finance ministers met in order to discuss various Euro and Greece related topics. Subjects on the agenda included reforming the Euro area services sector and the best budgetary use of gains from the currently low interest…
Surprisingly Volatility Prior to FOMC Release
Usually Wednesday afternoons when the Federal Open Market Committee (FOMC) releases the minutes from their meetings, we expect resulting volatility and brace ourselves for volatility in response to the release. This week, however, we were…
GDP Report, BoE Rate Speculation
For the he Q2’15 UK GDP report and the Bank of England, we see data and events so far this week unfolding favorably for policy hawks. Today’s report implies that UK growth rates are gaining…
German Ifo exceeds expectations
German Ifo survey exceeds expectations and the euro achieved a four month high against the Swiss franc. The dollar tumbled after a drop in U.S. shares and bond yields dimmed its appeal, This week the…
