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Draghi’s Hawkish Tapering Speech Sends The Euro Higher – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 28/06/2017 ECB President Mario Draghi was speaking in Portugal yesterday where he signaled that from September, the ECB would cut back...

US Dollar Remains Subdued. Yellen To Speak Today – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 27/06/2017 The US dollar was trading mixed yesterday, and there was some weakness as the latest durable goods orders data showed...

Currency Market Consolidating

Trend followers in the doldrums It seems that summer has come early for the currency market! Despite tumultuous events in the U.K. and events elsewhere...

Carney Solidifies MPC Rift

“Now not the time to hike rates” The purpose behind the creation of the Monetary Policy Committee of the Bank of England and allowing autonomy...

Carney’s Dovish Remarks Pushes GBP Lower – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 21/06/2017 The Bank of England Governor Mark Carney gave a prepared statement yesterday where he said that it was not the...

Sterling Drops On Carney’s Dovishness

GBPUSD slipped to week lows after Bank of England governor Mark Carney laid on a thick layer of dovishness at the Mansion House breakfast...

Morning Market Commentary – Super Thursday is more important than the FOMC

It's quite hard to make a clear assessment of yesterday's FOMC statement, because even though the language of FED remains sufficiently hawkish, however, there...

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