EUR and NZD down after elections
25 September 2017
Tags: ,

The euro and the NZ dollar moved down on Monday after the elections in Germany and New Zealand. During the morning trade, the EUR lost 0.5% to $1.1896, while the NZD fell by 1% to $0.7265. Traders are focused on speeches of the heads of central banks of the USA, Europe, the UK, Canada, and Japan. (more…)

European stocks up ahead of ECB meeting
7 September 2017
Tags: ,

The European stocks opened higher on Thursday ahead of the European Central Bank meeting. The main questions of the upcoming conference are the monetary policy decision, stimulus program reduction, and the strengthening of the European currency. (more…)

Markets uncertain ahead of Jackson Hole
22 August 2017

On Tuesday, the markets stay uncertain ahead of the Fed conference in Jackson Hole (Wyoming). The two-day meeting starts on Thursday. The heads of the world’s central banks will be hosted by the Federal Reserve Bank of Kansas City. Investors are highly interested in Janet Jellen and Mario Draghi’s speeches – their comments may shed some light on possible monetary policy changes. (more…)

Dollar near two-year lows against euro after Draghi comments
21 July 2017
Tags: , ,

The U.S. dollar approved its course of the weekly weakening and remained close to its lowest level against the European currency in two years. The currency reacted to market players’ sentiment after European Central Bank Head Mario Draghi’s hawkish comments. The Australian currency went down against the USD after a representative of the Reserve Bank of Australia issued dovish comments. (more…)

Euro heads to the best quarter in 7 years
30 June 2017
Tags: , ,

On Friday, the European currency was not far from 14-month highs and had all chances to demonstrate the best quarterly performance in approximately 7 years. The euro growth was mainly caused by growing expectations on the European Central Bank to narrow its monetary stimulus. Tuesday’s speech of by ECB President Mario Draghi increased the possibility the stimulus reduction, and it may be announces in September. (more…)

USD lower as investors await Fed comments
27 June 2017
Tags: , ,

The U.S. dollar moves down against six major currencies on Tuesday, while market players are waiting for speeches of the Federal Reserve officials to find any clues on Central bank’s plans to increase interest rates one more time this year. (more…)

GBP goes down against JPY after Manchester blast, euro close to six-months high
23 May 2017
Tags: , ,

After a terrorist attack in Manchester, the pound lowered its position against the yen on Tuesday. The European currency was not far from six-month highs against the dollar after Chancellor of Germany Angela Merkel pointed on the currency weakening. (more…)

Euro goes up and DXY falls after CPI report in UK
16 May 2017
Tags: , ,

The European currency reached 6-month highs on Tuesday before the report about first quarter growth in the Eurozone and continued its movement after U.K. CPI report was released. The U.S. dollar lowered as U.S. manufacturing data showed weak results. (more…)

U.S. dollar fell after Trump fired FBI Director
10 May 2017
Tags: , ,

On Wednesday, the American currency moved down after U.S. President Donald Trump decided to fire FBI Director, James Comey. Worries about possible risks gave some support to the yen as safe haven demand started rising. The U.S. dollar index fell by 0.12% to the level of 99.33 by 07.41 GMT, while on Tuesday it was at the mark of 99.56 (three-week highs). (more…)

Asian stocks go close to two-year highs
26 April 2017

Shares of Asian companies demonstrated their gain for the fifth session in a row on Wednesday. Results of the first round of the presidential election in France added to the optimistic market sentiment. (more…)