Tag: ECB
U.S. GDP Surprise Fails to Rouse Dollar
Q3 Growth at 3.3%
In much the same way as Brexit is driving Sterling and monetary policy is steering the Euro, it seems that the...
Merkel facing Coalition Dilemma
German President wants a coalition
Angela Merkel, the German Chancellor, has found herself in an unusual position following September’s election. She is unable to exert...
Plenty of Data, No Fresh Ideas
Market beginning to look forward to year end
The typical mid-fourth quarter scenario where traders want to start to protect their P&L is beginning as...
Inflation to Seal Rate Hike Deal?
FOMC members showing dovish tendencies
It may be a little late now that the rate hike genie is out of the bottle but there are...
Dear Mrs May…
How much longer?
Brexit was always expected to be a divisive topic. It has been ever since David Cameron was scared into allowing legislation for...
Sterling Under More Pressure!
Brexit talks resume with EU set to play tough
There is barely a day goes by right now that there isn't a new negative for...
Profit Taking Hits Dollar Despite Data
Inflation concern the only negative
Last week’s employment report in the U.S. was ultimately very positive for the dollar despite the ludicrously high expectation for...
Euro Steadies, Growth data expected
ECB reacting to patchy growth
There are rumours that a few members of the Governing Council of the European Central
Bank agree with Bundesbank President Jens...
Euro Dives on Dovish ECB
Cost of carry becoming a factor
The cost of being long of the common currency finally started to take effect last week as the prospect...
Draghi’s Perfectly Adequate Package
The Kingdom of Saudi Arabia has just made history by being the first country to grant citizenship to a robot. Here's a video of...