The Morning Market Report – 26th October 2015

Daily Market News

The U.S. dollar slipped from a 2.5-month high against major global currencies despite news that China will introduce another round of monetary easing in the wake of its sixth rate cut since November. The announcement from the People’s Bank of China came a day after the European Central Bank indicated plans to boost its bond-purchasing […]

The Forex Week Ahead – 25th October 2015

yellen

The week of Oct. 26 to Oct. 31 features a rash of decisions by global central banks on how to handle monetary policy in a low-inflation, low-oil price environment. The Federal Reserve isn’t expected to raise interest rates this week when the Fed Open Market Committee meets, particularly in the wake of decisions by the European […]

The Forex Week in Review – 24th October 2015

yellen

Here’s a breakdown for the top stories for the week ending October 24, 2015. The U.S. dollar showed positive momentum after central banks around the world said they will continue to loosen monetary policy in order to combat lower inflation and slowing economic growth. This week, the Federal Reserve will hold its seventh meeting on monetary […]

Is EUR/USD Finally Heading to Parity?

EURUSD Daily Chart

Now that the European Central Bank and Mario Draghi have let the proverbial cat out of the bag when it comes to more Quantitative Easing in the Eurozone, the EUR/USD is back to being the most hated currency in the world.  While it isn’t yet down to the yearly lows which were slightly below 1.05 […]

The Morning Market Report – 22nd October 2015

Daily Market News

The U.S. dollar was up after ECB Chief Mario Draghi took a dovish tone on the states of the broader European economy. The dollar gained against safe-haven currencies like the yen and the Swiss franc and was boosted by a surge in the U.S. markets thanks to stronger-than-expected earnings from a number of firms. Today’s […]

ECB Preview: Draghi’s Dovish Drive

Draghi

Pop quiz hot shot – which economy is struggling more, the Eurozone or the US?  If you think this is a trick question, you can quit doubting yourself, because it isn’t a trick.  The obvious answer is that the Eurozone is struggling more.  Inflation has turned to deflation in the EZ, the ECB already has […]

The Morning Market Report – 21st October 2015

Daily Market News

The U.S. dollar was up slightly this morning against emerging market and commodity currencies following a decline in the Chinese equity markets. This morning, the Shanghai Composite Index fell more than 3% as concerns about global growth again rattled investors. Today’s Market Numbers: Ninety minutes into the trading session, the Dow Jones was up 33.27 points, […]

The Morning Market Report – 20th October 2015

Daily Market News

The U.S. dollar was down against a basket of currencies as the markets await a speech by Federal Reserve Chair Janet Yellen this afternoon. In addition, FOMC members William Dudley and Jerome Powell will offer some insight on monetary policy. Today’s insight includes a surprise spinoff from Yum! Brands, speeches from members of the Bank […]

The Morning Market Report – 19th October 2015

Daily Market News

The U.S. dollar was up this morning against a basket of currencies. Traders are keeping a tight eye on events in Europe, as the central bank plans to meet this week to discuss further stimulus. Following that meeting, all eyes will center on the Federal Reserve’s December meeting, although the majority of analysts and the […]

The Week Ahead in Forex – 19th October to 24th October

yellen

The week of Oct. 19 to Oct. 24 features critical data reports that will focus on global manufacturing growth and central banks’ decisions on whether or not to raise interest rates. The markets will continue to focus earnings season, with a number of key banking, industrial, and technology companies issuing reports from the September-ending quarter. Here’s what […]