cosma's Blog

Avatar

Fx Snapshot

FX was generally quiet in Asian and European session trade today with most of the pairs contained to narrow ranges as low volatility conditions persisted.
In Australia, the release of the RBA minutes caused a flutter in Aussie as the text came in dovish with monetary authorities agreeing that a 'case could be made' for a rate cut at the November meeting. This was prior to the poor employment data which only added to the argument for easing.
However, the RBA is also clearly concerned with the lim…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

BOE Interest Rates

At its November policy meeting, the BoE’s Monetary Policy Committee is widely expected to raise the Bank Rate by 25bps to 0.5%, effectively reversing August 2016’s cut in the aftermath of the UK’s vote to leave the European Union.
BoE policymakers have been recently signalling action in the midst of above-target inflation and a tightening labour market, with the UK unemployment rate now below what the bank estimates to be the equilibrium rate.
However, any move is unlikely to herald the beginni…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

28 August 2017.Headlines International

Headlines International
Yellen distances herself from Trump in Jackson Hole Speech. Defends post-crisis reforms that Trump slammed during election; Yellen term as Fed chair expires Feb. 3, succession unclear.
Headlines International
Draghi's drama-free Jackson Hole message reaffirms slow QE exit. ECB president says labor-market factors weighing on wage gains; Policy makers will meet on Sept. 7 to discuss stimulus pat.


Headlines International
Fed's mester says keep up the ‘gradual’ pace on…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Market Update 16 September 2016.


Global Headlines
•EU zone inflation remained low at 0.2% y/y, weaker than consensus.
•By EU country France was stable at 0.%, Germany fell from 0.4 to 0.3%, Spain deflation moderated from -0.7 to -0.3%.
•BoE held cash rates at 0.25%, confirming a continuation of bond buying program going on to signal potential for further rate cuts.
•BoE noted Brexit impact on growth less severe than thought, but still concerned about fallout effect.
•SNB keeps rates low to curb strong outlook on CHF
•US retail…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Nice Day for Currencies.

Morning All;
many currency pairs traded higher yesterday thanks to the overall strength in U.S. stocks. The Dow Jones Industrial Average and S&P 500 hovered near record levels as central banks gear up to increase stimulus. No actions will be taken this week with only the European Central Bank monetary policy meeting on the calendar but a few central banks are at the cusp of easing. The ECB is in no rush to add to their program having just eased in March but Mario Draghi won't miss the opportunit…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Daily Forex View

A Short Daily #Currency View: #Forex Report 3 March 2016
Follow Me On Twitter/FxCox
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Currency Analysis 2 March 2016

Morning All: we'll see a New Daily Forex Analysi.
EUR / USD
The Euro was unable to make any headway on Tuesday and dipped to test fresh one-month lows against the dollar with a lack of positive influences for the single currency. There was a slight upward revision to the final Euro-zone manufacturing PMI index while unemployment fell to 10.3% from 10.4%, the lowest rate since August 2011. There were some media reports that the ECB could consider a 15 basis-point cut in the deposit rate at next w…
Read full story
Translate to Inglese Show original
oper inserire commenti