0.0 00 The European stock markets are looking at a mixed open Tuesday morning. European Central Bank President Mario Draghi defended the ECB’s loose monetary policy. He said a premature ending to easing could lead to …
Read More »BOJ Minutes weakens the Yen on Stimulus Jitters
0.0 00 The Bank of Japan, or BOJ, released their last monetary policy minutes, called the Summary of Opinions. The report showed that an exit from the ultra loose monetary policy remains a way off. The …
Read More »The Canadian CPI could force the BOC’s Hand
0.0 00 Central banks, including the Canadian Bank of Canada (BOC) are having a tough sell convincing investors they will hold up to their own end of the bargain, accommodative policy. This is inducing some trepidations …
Read More »The BOJ releases their Minutes and the Yen Yawns
0.0 00 The Bank of Japan (BOJ) released their last monetary policy meeting minutes today. The USD/JPY Forex market slipped a little only to recover. The BOJ meeting took place on the 26th and 27th of …
Read More »RBA Minutes do nothing to the Aussie Dollar
0.0 00 The Reserve Bank of Australia (RBA), released the minutes of their June 6 monetary policy meeting. The Australian dollar (AUD/USD), shrugged it off. The RBA kept monetary policy as is on June 6 as …
Read More »Britain and the EU begin Brexit Negotiations
0.0 00 The GBP/USD Forex market traded quietly during the Asian trade session as Britain and the European Union (EU) are getting ready to begin the long delayed Brexit negotiations today. Britain, by a narrow margin, …
Read More »RBA Governor sticks to the Script at a Conference
0.0 00 The Australian dollar (AUD/USD) rose this morning after an upbeat speech by Reserve Bank of Australia (RBA) Governor. He stuck to the same old themes and script. RBA Governor Phillip Lowe, speaking at a …
Read More »Gold under renewed Pressure after the FOMC
0.0 00 The price of spot gold (XAU/USD) continues to retreat in the aftermath of the hawkish FOMC (Federal Open Markets Committee) monetary policy decision on Thursday. The US Dollar along wit Treasuries are rising. Looking …
Read More »The Fed remains confident despite Weak Data
0.0 00 The US Federal Reserve (Fed) raised interest rates at the conclusion of their monetary policy meeting on Wednesday. This came despite weaker than expected inflation numbers as the headline inflation rate remains well below …
Read More »Chinese Data beats estimates boosting the AUD
0.0 00 This morning, a little while ago, China released stronger than expected industrial data. The Chinese data helped support the Australian dollar (AUD/USD). Chinese production was up 6.5 percent, annually, in May. That was better …
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