E.U. Reveals Lower Inflation

E.U. Reveals Lower Inflation

Forex | 10:14 | 30/11/14
The Euro edged higher against the greenback, though its advance was capped by lackluster inflation metrics which spurred further speculation that the European Central Bank could unveil new stimulus at its next policy meeting. Euro Region Dampened By Prices The Euro-zone announced ...
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Constancio Comments Impact Euro

Sophie J. Fletcher | 12:32 | 27/11/14
The Euro’s two-day advance against the U.S. Dollar came to a halt following comments by Vitor Constancio, the European Central Bank’s President. In his statements he suggested that the policy makers may consider purchasing government debt. Euro Stops Climbing The Euro had ...
NZ Inflation Outlook Disappoints Investors

NZ Inflation Outlook Disappoints Investors

Forex | 09:19 | 26/11/14
The South Pacific currencies declined on Tuesday against their U.S. counterpart. Australia’s Reserve Bank Deputy Governor indicated that the nation’s economy is facing headwinds, while the currency remains overvalued. Aussie And Kiwi Drop New Zealand’s Dollar depreciated against its U.S. peer after ...
U.K. Loan Reports  - Evidence Of Slowdown?

U.K. Loan Reports – Evidence Of Slowdown?

Sophie J. Fletcher | 10:08 | 25/11/14
The British Pound depreciated for the second consecutive day on the likelihood the central bank will leave the key cash rate unchanged. Economists anticipate that this week’s economic reports will help support the move. British Pound Extends Losses The British Pound dropped ...
ECB Outlook Remains Negative

ECB Outlook Remains Negative

Forex | 09:14 | 24/11/14
The Euro plummeted against the U.S. Dollar on comments by the European Central Bank President, Mario Draghi, who reiterated his commitment to inject monetary stimulus in an effort to increase inflation while the outlook remains negative. Euro Sustains Major Drop The Euro ...
Draghi Comments Pull On Euro

Draghi Comments Pull On Euro

Forex | 09:47 | 23/11/14
Comments by the European Central Bank’s President prompted the shared currency to fall, dipping close to a 27-month low against the U.S. Dollar. ECB President Mario Draghi hinted that asset-purchasing is the answer to low inflation. Draghi Prepares For Low Inflation The ...
BOE Minutes Denote Division

BOE Minutes Denote Division

Forex | 08:23 | 20/11/14
The British Pound advanced against the U.S. Dollar as the Bank of England published the minutes from its most recent monetary policy meeting, which revealed a division of opinion on the timing for an interest rate hike. Sterling Rallies After BOE ...
Draghi Backs Additional Stimulus

Draghi Backs Additional Stimulus

Forex | 07:50 | 19/11/14
The Euro depreciated against the majority of its Forex counterparts on comments by ECB President, Mario Draghi, who suggested that the ideal way to revive the E.U. economy is by expanding stimulus and buying more covered bonds. Euro Surges on Confidence As ...
NZ Prime Minister Supports Currency

NZ Prime Minister Supports Currency

Forex | 08:45 | 18/11/14
New Zealand’s Dollar rose against the greenback despite comments from the Reserve Bank governor, and it remained strong as Prime Minister Bill English stated that the Kiwi’s high value is not “unjustified.” Kiwi Remains Strong The New Zealand Dollar strengthened against its ...
U.S. Inflation Expectation Drops

U.S. Inflation Expectation Drops

Forex | 09:45 | 17/11/14
The Dollar dipped against the Euro as reports indicating an expected decline for U.S. inflation dampened demand for the greenback despite positive data which showed a hike in consumer sentiment. U.S. Dollar Dips Friday The Dollar depreciated against the Euro on Friday ...