Euro Hits New Highs on ECB Comments

Draghi provides policy guidance Yesterday's ECB policy meeting brought clarity to a market that had been living in hope rather than expectation of a normalization...

Situation of European Economy Strengthens EUR

Starting from 09:00, Eurozone countries were giving results of forecast PMI data for May in addition with relevant macroeconomic publications for the German economy....

GBP Down After Morning Data

Although investors are waiting for 13:00 and the Bank of England meeting, in the morning we had some other data from the UK that...

Former Fed Chair Greenspan Sees No Stock Excess, Warns of Bond Market Bubble

Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says. That’s where the actual...

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...

Don’t Jinx the Market

Being the second Friday this year that happens to fall on the 13th of the month may not bear much significance. The fact that...

The Morning Market Overview – Chinese PMI On Highs, Oil Over 50.00!

In the night markets we got to know the results of the industrial PMI for the Chinese economy - at 02:00 results stated the...

What an Awesome Sell Off

Well, it finally happened. Bitcoin saw a massive retracement of 18.76% from the new all-time high of $11,346. The freefall lasted for a total...

Weekend Review Of The Markets – AUDUSD, EURUSD, GBPUSD, USDCAD, USDJPY

The past week has been very interesting due to number of publications and macroeconomic developments that have taken place. What will certainly remain in ...

Dollar Suffering as Euro Soars

Sanguine Draghi drives Single currency The long-awaited ECB meeting where Mario Draghi was supposed to announce the commencement of the tapering of the Asset Purchase...

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