Tag: Carney
Bitcoin Goes Full FOMO
As the price reaches newer highs by the moment, the Bitcoin market is now deep in the thralls of FOMO. No telling how long...
Rate Hike Drives Sterling Lower
Carney remains cautious on Brexit
It was only to be expected in an environment where just about every piece of data pointed to no change...
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...
Dovish Draghi Pushes Euro Lower
Need for “an ample degree of monetary stimulus”
ECB President Mario Draghi stretched his credibility to the limit yesterday in a press conference which illustrated...
Front Running for Christmas
HSBC's former head of global forex cash trading was just found guilty of front-running a $3.5 Billion trade. There's actually a recording that was...
A Brexit Breakthrough?
More words camouflage lack of progress
It seems that both sides in the Brexit negotiation are becoming familiar with the bureaucratic notion of prevarication.
At the...
Hard Brexit Moves Ever Closer
May struggling to find common ground
Theresa May the British Prime Minister spoke to her (for now) fellow EU Heads of Government last evening in...
May Facing Further Brexit Disappointment
Hard Brexit becoming more likely
The U.K.'s opposition Labour Party have called for all members of Parliament to join them in ensuring that the U.K....
Central Banks Hold the Key
Shifts in Monetary Policy provide long term direction
First it was the European Central Bank providing a cautious approach which reflected President Mario Draghi’s view...