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ECB Meeting to Provide Direction, if not Clarity

Central Bankers; Better lucky than good During the 1990’s the Chairman of the Federal Reserve was Alan Greenspan someone who has become legendary in the...

EU Mid-Session Update: Dampened Risk Tone Continues, Yet Anticipation on Draghi.

The risk off tone from American and Asian trade has led into European equity markets with 9/10 Stoxx 600 sectors trading in the red....

Could Tension give way to Conflict?

Korean Peninsula concerns driving risk aversion The U.S. administration has accused North Korean Leader Kim Jong-un of rushing headlong into conflict with little regard for...

Mnuchin And Data Hit the Dollar

Employment report to set short term path U.S. Treasury Secretary in a speech yesterday attempted to talk the dollar lower commenting that “a weaker dollar...

GDP Surprise Drives Dollar Recovery

Data turning supportive for the currency Despite a lack of a package of fiscal reform and economic stimulus, the U.S. economy is starting to perform...

Euro Strength Well Founded

Target achieved but can it continue? If asked in June when the common currency broke through resistance at 1.1280 versus the dollar, most traders would...

Brexit Concerns still main driver for Sterling

“Mutual exasperation” needs to be overcome Since June when it broke significant resistance against the dollar, the Euro has been on a singular path. Versus...

Draghi and Yellen: Same Speech Different Result

No advance guidance on return to normal Central Bankers Mario Draghi and Janet Yellen both addressed the Central Bankers Symposium at Jackson Hole Wyoming on...

Traders Eye Draghi And Yellen Speeches – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 25/08/2017 The ECB President Mario Draghi and the Federal Reserve Chair, Janet Yellen will be speaking at the Jackson Hole Symposium...

Data to Drive Dollar Correction?

Dollar bottoming out? This week’s closing levels for the dollar versus the common currency have started to pique traders interest. So far this week, there...

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