Coordinated Intervention To Weaken the Yen?
The Bank of Japan announced an immediate emergency meeting to begin very soon – Monday 00:00 GMT. There are expectations for new easing steps to boost the economy. But there …
Read MoreThe Bank of Japan announced an immediate emergency meeting to begin very soon – Monday 00:00 GMT. There are expectations for new easing steps to boost the economy. But there …
Read MoreBen Bernanke talks about adding more stimulus steps if necessary, and mentions a surprising option of lifting inflation goals to boost the economy. While he said this step doesn’t have …
Read MoreThe second release of GDP for the second quarter was indeed bad – a downwards revision from 2.4% to 1.6%, slightly better than a revision to 1.5%. The initial reaction …
Read MoreBritish growth for the second quarter was unexpectedly  revised to 1.2%. These good news lifted GBP/USD lifted the Pound only for a short period of time. Worries about the future …
Read MoreOn the weekly interview on Forex TV, I spoke with Julie Sinha about the falling Euro, summer trading and also touched a few interesting currency pairs that could break out …
Read MoreI’m launching today a forex trivia quiz with cash prizes, in cooperation with Forex Rate It. Anyone can participate in the quiz and win prizes delivered directly to the winners …
Read MoreEUR/USD broke under the long-term uptrend support line that began at its year to date low on June 7th and extended up to now. A sharp fall sent the pair …
Read MoreThe meeting minutes from the last meeting of the BoE showed that there’s still one member voting for a rate hike. This helped GBP/USD bounce off the support line, after …
Read MoreThe important ZEW Economic Sentiment survey fell once again, showing that Europe isn’t really doing much better than the US. The Euro erases early gains and drops. German ZEW Economic …
Read MoreBritish consumer prices are still above target. CPI dropped from 3.2% to 3.1%, exactly as expected. Other inflation related figures were softer than predicted, and the immediate reaction of the …
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