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ECB Preview – What to Look For
The market is taking a more cautious approach with its expectations for today’s ECB meeting. While all signs would suggest the ECB will go ahead and loosen monetary policy some more, there is some tentativeness, in light of similar expectations at the previous policy decision that were ultimately let down. Audio update Tags #FX #ECB […]
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ECB Decision Ahead – Brace for Impact
Two major central bank rate decisions down, one big one to go. The ECB is on tap and the market will be looking for a 10bp cut in the deposit rate, QE boost to €70 billion per month, and an extension on the time limit of purchases by at least another 3 months. US initial […]
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.332 | EURUSD 1.09994 | AUDUSD 0.74855 | NZDUSD 0.67952 | USDCAD 1.32477 | USDCHF 0.99735 | GBPUSD 1.42167 | LMAX Highs and Lows 6am                                High | Low EURUSD              1.10025 | 1.09716 USDJPY                113.809 | 113.166 GBPUSD              1.42214 | 1.41900 AUDUSD             0.74874 | 0.74624 USDCHF              0.99871 | […]