Follow @Ava_Analyst Currencies EUR/USD – tested the support around the 1.12 level again which was able to hold on before moving marginally higher. Overall the EUR was one of the few currencies where we didn’t see a large correction during the day, as the comments from the FED members were not too hawkish. USD/JPY –…
Read MoreFollow @Ava_Analyst The markets started to move sharply after comments from FED members, but especially Rosengren, increased the chances of a rate hike this year, and also the possibility that this could happen already next week. After that the chances for a rate hike in September increased from 18% to 24%. Today we have more…
Read MoreFollow @Ava_Analyst Currencies EUR/USD – moved up and was trading firmly higher for most of the day, but started sliding down after the comments from ECB President Draghi and some positive jobs data out of the US which saw the USD strengthen. In the end the ECB press conference was a non-event as no change…
Read MoreDevises EUR/USD – Les décideurs de la BCE se réunissent à Francfort. Depuis le début de la politique actuelle d’assouplissement quantitatif en 2015, les marchés européens n’ont jamais été aussi calmes. Les obligations ont atteint un niveau record hier, la banque centrale encourage les entreprises à vendre leur dette. USD/JPY – Le sous-gouverneur du Japon…
Read MoreFollow @Ava_Analyst Currencies EUR/USD – all eyes will be on the ECB today to see what they will decide, not really regarding the interest rate, which is expected to remain the same, but more regarding QE and its economic outlook. There is some speculation that the ECB will extend the time for QE to run…
Read MoreFollow @Ava_Analyst Currencies EUR/USD – moved much higher after weak ISM data out of the US. Even though the data still showed expansion (as it came in above 50.0) the drop from the previous month was quite large. The question as always is if this is the start of a trend of weak data or…
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