The RBNZ is to announce its interest rate decision tomorrow during the Asian session (01:00, GMT) and is widely expected to remain on hold. Currently NZD OIS imply a probability of 98.95% for the...
The EUR was the biggest looser on Friday as German preliminary manufacturing data for March showed substantially decreased economic activity and the German Mfg PMI dropped to its lowest level in...
The USD was stronger yesterday as a correction at higher grounds took place yesterday after the drop caused by the FOMC interest rate decision on Wednesday. Investors seemed to favor USD long...
The FOMC as was widely expected decided to remain on hold at +2.5% in a unanimous decision. The USD weakened across the board, as the dot plot showed that no rate hike was to be expected in 2019,...
The FOMC will be releasing its interest rate decision later today (18:00, GMT) and is expected to remain on hold at +2.50%. Feds Funds Futures imply a probability for the bank to remain on hold of...
The US dollar was on the retreat yesterday once again and during today’s Asian session, ahead of the FOMC’s meeting. Markets seem to expect that the FOMC would adopt an even more dovish policy on...
The US dollar was on the retreat yesterday and during today’s Asian session, as a number of soft data were released. Investors seem to expect that the soft data may dovishly affect the Fed’s...
The UK Parliament approved the government’s motion for a delay of the Brexit date and the pound remained relatively stable. The motion provides the option for the government to ask the EU for a...
The UK Parliament rejected a no deal Brexit yesterday evening and the pound rallied as the danger of a hard Brexit was taken off the table. Market focus now turns to tonight’s vote, when the UK...
The pound tumbled against a number of its counterparts, as UK’s Attorney General had stated that legal risks arising from the revised Brexit deal remained the same, strengthening argumentation of...