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ECB Preview – Which Way Will The Wind Blow?
The market is standing by for the upcoming European Central Bank decision, likely to inspire a good deal of volatility given the diverging views. The broad consensus is that the ECB will go ahead and extend its QE program beyond March 2017, with inflat…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.757 | EURUSD 1.07535 | AUDUSD 0.74818 | NZDUSD 0.71527 | USDCAD 1.32349 | USDCHF 1.00732 | GBPUSD 1.26246 | LMAX Highs and Lows 6am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.07855 | 1.07486 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.865 | 113.125 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.26656 | 1.26158 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00891 | 1.00556 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75087 […]
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Market Prepares for ECB Decision
Thursday is all about the European Central Bank decision and the market will be wanting to know what direction the ECB takes. Heading into the risk, there has been quite a divergence of opinions. Stocks appear to be looking for a more dovish leaning EC…