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EURUSD At Risk As Traders Likely To Book Profits Ahead Of ECB Meeting Tomorrow

The US dollar continued to remain weak with price action yesterday showing the greenback extending the declines. This kept the EURUSD biased to the...

Daily Forex Market Preview – ECB Policy Tightening Speculation Lifts EURUSD

The US dollar was mixed yesterday as the PCE data showed a 0.2% increase on the core or 1.5% on a year over year...

Daily Forex Market Preview – Amid A Slow Trading Day, Draghi’s Speech Stands Out

The markets are looking to a slow trading day today with the British and the U.S. markets closed on account of the Spring bank...

Dollar Slips On Fed Minutes. Oil Look To OPEC Meeting Today

The US dollar closed on a bearish note yesterday after the FOMC meeting minutes failed to support the greenback. The Fed minutes showed that...

Dovish Mario Draghi Weakens Euro

Mario Draghi is one of the guests of today's European Central Bank conference in Frankfurt where he delivered a speech on monetary policy and...

Morgan Stanley Trade of the week

Morgan Stanley is closing EUR shorts. Despite the universally strong reading of the US February labour market report, the USD came under broad selling...

Market Overview – Hot Afternoon During Frosty Thursday

The beginning of the session in terms of macroeconomic calendar will run extremely quietly. The accumulation of data appears in the afternoon - its...

European Producer Inflation Up. How Euro Reacted?

Exactly at 11:00 we found out the latest November data on changes in the level of prices of goods sold by European manufacturers. Today's report...

Danske Bank: Dovish EBC meeting?

Today, all focus will also be on the long-awaited ECB meeting. We expect the ECB to announce a six-month extension of its QE programme...

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