The Latest in Forex News & Analysis.

October 22 Week

By | October 19, 2018 1:05 am | 0 Comments

Bank of Canada is meeting on Wednesday for a possible 25bp hike in its official interest rate from current 1.50% to 1.75%, while ECB is expected to keep policy unchanged on Thursday at the monetary policy meeting, press conference by ECB President Mario Draghi should be carefully monitored to see if there is a hint of first rate hike in Q2 or Q3 2019.

October 15 Week

By | October 11, 2018 6:25 pm | 0 Comments

Not much economic indicators out of the U.S. during the week of October 15, FOMC minutes will be out on Wednesday to see if there is any hint of another hike in December.

Otherwise, Global stock market behavior remains to be the focus after a turbulence started in the U.S. market spread worldwide this week.

October 8 Week

By | October 4, 2018 6:56 pm | 0 Comments

October 8 week schedule,

FXDD, FX market, Stock market are open on Monday October 8 Columbus Day.

Inflation data(Sep CPI) out of US on Thursday should be the main economic indicator of the week.


September 17 week

By | September 13, 2018 6:41 pm | 0 Comments

The Bank of Japan is expected to keep policy unchanged on Tuesday evening (NY time),  as well as The Swiss National Bank on Thursday.

Otherwise a rather light schedule week with no major data out of the U.S.

Latest from Barnier

By | September 10, 2018 9:09 am | 0 Comments

It seems every time Michel Barnier speaks lately, he sends cable into a frenzy.

This morning his comments sent Sterling higher in a hurry, jumping up 100 points in a matter of minutes.

He said he believes a Brexit deal can be done realistically within 6-8 weeks.

September 10 Week

By | September 6, 2018 8:03 pm | 0 Comments

Bank of England and European Central Bank are scheduled to hold monetary policy meeting on Thursday Sep 13, both are expected to keep rates unchanged.

Sep 3 week

By | September 3, 2018 3:27 pm | 0 Comments

New month starts with U.S. and Canada on Labor day holiday.

RBA and BOC have rates meetings, then US NFP on Friday

Greece Making Progress

By | August 20, 2018 10:17 pm | 0 Comments

Tonight the Euro Zone’s bailout fund, better known as the European Stability Mechanism, displayed their confidence in Greece’s ability to operate without international financial support – at least for the time being.

This marks the first time in nearly a decade, since their collapse in 2010, that Greece is financially stable enough to manage on their own without an IMF or foreign related safety net.

Euro jumped nearly 45 pips on the back of the news.

Qatar promises Billions to help save Turkey

By | August 15, 2018 4:19 pm | 0 Comments

Qatar has promised $15 Billion to Turkey, USDTRY down almost 7% on the day.
Euro popped to stay steady around 1.1340

US Indicies down on the day, Turkey and China threatening more tariffs back to US.

Gold and Silver keep collapsing to lows for well over a year

US plans higher tariff on $200 billion of Chinese imports

By | July 31, 2018 7:04 pm | 0 Comments

“The Trump administration will propose raising to 25 percent its planned 10 percent tariffs on $200 billion in Chinese imports, a move that would ratchet up pressure on Beijing to return to the negotiating table, three people familiar with the internal deliberations said.”

-source: Bloomberg

USDJPY, AUDUSD, NZDUSD lower, USDCNH jumped higher by 200 points.

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