The Great Britain pound bounced from its recent lows on Monday as traders were waiting for inflation data that may prompt the Bank of England to start monetary tightening sooner. Forecasters predicted that the Tuesday’s report will show an increase of the Consumer Price Index by 2.2% in March following the gain by 2.3% in February. Analysts speculated that high inflation and the weak currency may force the BoE to act sooner than planned, starting […]
Read moreThe Great Britain pound bounced from its recent lows on Monday as traders were waiting for inflation data that may prompt the Bank of England to start monetary tightening sooner. Forecasters predicted that the Tuesday’s report will show an increase of the Consumer Price Index by 2.2% in March following the gain by 2.3% in February. Analysts speculated that high inflation and the weak currency may force the BoE to act sooner than planned, starting […]
Read moreThe talks about the final days of the eurozone are not new. Back in 2012, I have posted a poll, which is currently showing that a quarter of traders expect the dissolution of the monetary union. Nowadays, things look even more serious. With the United Kingdom having invoked the Article 50, and Marine Le Pen showing a lead in the opinion polls for French presidential elections, it is difficult to be a eurozone optimist. Although the process […]
Read moreThe US dollar weakened against the euro and the British pound on Monday, as investors speculated the future road of monetary policy in the United States. Comments from New York Federal Reserve President William Dudley on Friday offered a dovish position on future interest rate hikes ahead of a speech by Federal Reserve Chairwoman Janet Yellen today. Dudley, who is a member of the Federal Open Market Committee, said that the time when the Federal Reserve […]
Read moreThe US dollar weakened against the euro and the British pound on Monday, as investors speculated the future road of monetary policy in the United States. Comments from New York Federal Reserve President William Dudley on Friday offered a dovish position on future interest rate hikes ahead of a speech by Federal Reserve Chairwoman Janet Yellen today. Dudley, who is a member of the Federal Open Market Committee, said that the time when the Federal Reserve […]
Read moreThe US dollar weakened against the euro and the British pound on Monday, as investors speculated the future road of monetary policy in the United States. Comments from New York Federal Reserve President William Dudley on Friday offered a dovish position on future interest rate hikes ahead of a speech by Federal Reserve Chairwoman Janet Yellen today. Dudley, who is a member of the Federal Open Market Committee, said that the time when the Federal Reserve […]
Read moreThe US dollar weakened against the euro and the British pound on Monday, as investors speculated the future road of monetary policy in the United States. Comments from New York Federal Reserve President William Dudley on Friday offered a dovish position on future interest rate hikes ahead of a speech by Federal Reserve Chairwoman Janet Yellen today. Dudley, who is a member of the Federal Open Market Committee, said that the time when the Federal Reserve […]
Read moreThe EUR/USD currency pair began the day trading under intense pressure, which did not change even with the release of the Eurozone Sentix Investor Confidence index. The weekend release of a poll conducted by Kantar Sofres on the French election indicated that the election was now a four-horse race. The currency pair lost about 20 points from its daily high at the peak of its decline and was trading in a sideways range during most […]
Read moreThe EUR/USD currency pair began the day trading under intense pressure, which did not change even with the release of the Eurozone Sentix Investor Confidence index. The weekend release of a poll conducted by Kantar Sofres on the French election indicated that the election was now a four-horse race. The currency pair lost about 20 points from its daily high at the peak of its decline and was trading in a sideways range during most […]
Read moreThe Czech koruna continued to appreciate after the nation’s central bank had removed a cap on the currency last week. It is no surprise to see the volatility of the koruna to increase after the Czech National Bank scrapped the ceiling of CZK27 per euro even though the decision was much better communicated to markets and was far less shocking than the similar move by the Swiss National Bank. Analysts expect the currency to continue appreciation, but […]
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