Summer trading is ahead of us, and many investors and traders adjust their expectations accordingly. During the summer months, the trading activity typically declines as traders and investors adjust their positions. This time it may be different. The coronavirus pandemic changed the way ...
The week started on a strong food as the Euro is in strong demand – EUR/USD, EUR/GBP, EUR/CAD or EUR/AUD trade higher when compared with last Friday’s closing. With little or no news over the weekend, dynamics in the Euro pairs reflect the impact of the ECB’s crisis measures – PEPP and TLTRO ...
The EURUSD consolidates for about two weeks now, after bouncing from the 1.08 area all the way to 1.14. Voices now call for a move back below 1.10, as the European Central Bank (ECB) signaled a massive demand for its TLTRO (Targeted Long-Term Refinancing Operations) – the banks in the Euro area ...
Last Wednesday, the Federal Reserve of the United States (FED) delivered its FOMC Statement and economic projections for the period ahead. Despite no initial reaction, the equity markets in the United States sold aggressively towards the end of the week, with the Dow Jones Industrial Average ...
The European Central Banks (ECB) surprised markets last week as it over-delivered on its promises. Combined with the German fiscal package announced a day earlier, the ECB’s message sent the Euro pairs higher across the Forex dashboard, in a massive short squeeze. The market anticipated ...
Thursday’s ECB monetary policy decision is closely watched by all market participants. Central banks around the world strongly reacted to the coronavirus health crisis by adding liquidity to a gripped financial system. This week the ECB is expected to go one step further. Last week’s ...
The coronavirus pandemic shocked the financial world in ways no one thought possible. Fiscal and monetary policy stimulus from governments and central banks helped ease the economic pain, but everyone agrees more is needed on the medium and long term. The economic crisis that unfolded exceeds a ...
Strong Demand for Dollars Continues The USD surged across the board since the coronavirus pandemic outbreak with no sign that things will change anytime soon. Why is it that investors prefer the USD, even though all the Fed actions lately are designed to weaken it? The answer comes from how the ...
Last Tuesday, the German Constitutional Court decided that some of the European Central Bank (ECB) Asset Purchase Program (APP) actions were illegal. The ruling sent the Euro on a spiral death, just a few days ahead of May 9th Europe Day celebration. From close to 1.10 at the start of the ...
From Bitcoin to fiat currencies, everything moves in a correlated order. April turned out to be one of the best months in history for the US equities, but the road ahead is full of uncertainties. The two most important central banks in the world, the Federal Reserve and the ECB announced last ...
