Tag: EU
MPC Teases Traders
Hawkish Carney hides Brexit fears
Mark Carney the Governor the Bank of England must have been a relieved man following his press conference yesterday. He...
Draghi in the spotlight
Tomorrow’s ECB Meeting to set the tone
There is growing expectation that following tomorrow's meeting of the Governing Council of the European Central Bank, President...
Year-End Position Squaring Sees Dollar Lower
Holiday trade sees influences weaken
The twin benefits that saw the dollar rise in the first half of December; the prospect of a further hike...
Dollar to Suffer as Inflation Remains Benign
Powell to be more circumstantial over rate hikes
Jerome Powell will take over as Chairman of the Federal Reserve on February 3rd. This will be...
Political Concerns to Drive Euro
Brexit to take a back-seat
Following last week's confirmation of the agreement of Brussels to move to stage two in Brexit negotiations, the U.K.’s proposed...
Brexit Agreement to Herald Further Concerns
Brussels to ask for clarification over framework for stage two
Theresa May was in Brussels last night for dinner with the remaining twenty seven Heads...
Dollar Tumbles as Fed Hikes
Outlook for three hikes in 18/19 disappoints
The unreasonable expectations of traders, who were hoping for a more hawkish outlook for future rate hikes, were...
Rate Hike Unlikely to Lift Dollar
FOMC struggling to justify advance guidance
As Janet Yellen presides over her final FOMC meeting before being replaced by Jerome Powell, what she will be...
Rate Hike Prospects Driving Dollar
Powell to provide short term anchor
A rate hike after the final FOMC meeting of the year when it concludes tomorrow is now 100% priced...
Brexit Agreement Brings Little Cheer
May to hail breakthrough
It was a long time coming and very much at the eleventh hour, but the U.K. and EU finally managed to...