Forex Marketz Daily Forex News – Fully Markets Update
Central Banks dominating overnight – BNZ
FXStreet (Guatemala) – Analysts at BNZ noted that the Central bank speakers dominated the wires overnight.
Key Quotes:
“ECB’s President Draghi confirmed that the liquidity noose around Greece’s neck has been loosened somewhat, with a €900m top-up to its emergency lending facility. But FX markets focused on his unwavering commitment to ultra-easy monetary policy, with a fresh vow to use every tool available to respond to any “unwarranted tightening” in monetary conditions.”
“GBP continues to outperform, as BoE Governor Carney talks a big game on interest rate hikes in the near future. A decision on rates will be in “sharper relief” by year-end. Markets price in a UK lift-off by May 2016.”
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Source: FXStreet
