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Euro News 

AUD Tumbles as RBA’s Debelle Quashes Hopes of Rate Hike

Pound Sterling (GBP) GBP/USD 1 Week Chart Yesterday’s June UK retail sales figures caused the Pound to slump – despite being much more positive than had been expected. Sales grew 0.9% on the month, against predictions of 0.5%, or 0.6% compared to forecasts of 0.4% if auto fuel sales are removed. However, combined with data... View article >
Posted on 21 July 2017 | 7:52 am GMT
Author: TorFX

Euro – Thu Jul 20: EUR Up vs USD, GBP, CHF, AUD, CAD & INR.

Euro was up 0.95% against the United States Dollar, up 1.34% against the British Pound Sterling, up 0.55% against the Swiss Franc, up 0.93% against the Australian Dollar, up 0.85% against the Canadian Dollar and up 1.17% against the Indian Rupee. EUR 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month EUR... View article >
Currency:
Posted on 20 July 2017 | 9:10 pm GMT
Author: BER Research

Yen Falls After BoJ Admit Defeat on Inflation and Can’t Stop Australian Dollar as Currency Approaches 0.80 vs. USD

Officials at the Bank of Japan (BoJ) said today that they were pushing back the time frame for achieving their 2% inflation target to the end of 2019, marking yet another defeat in the bank’s long-term battle against deflation. When the target was introduced by BoJ Governor Haruhiko Kuroda in 2013, it was forecast that... View article >
Currency:
Posted on 20 July 2017 | 11:04 am GMT
Author: Joel Wright

Will EUR Get a Boost from ECB Meeting Today?

Pound (GBP) GBP/USD 1 Week Chart Appetite for the Pound was soft yesterday, as markets continued to digest UK inflation data and await this morning’s retail sales figures. If the reports do show the forecast recovery in sales during June, this will ease fears that the UK economy will not have been able to rebound... View article >
Posted on 20 July 2017 | 7:57 am GMT
Author: TorFX

Euro – Wed Jul 19: EUR Down vs USD, GBP, CHF, AUD, CAD & INR.

Euro was down -0.33% against the United States Dollar, down -0.18% against the British Pound Sterling, down -0.26% against the Swiss Franc, down -0.83% against the Australian Dollar, down -0.59% against the Canadian Dollar and down -0.41% against the Indian Rupee. EUR 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month EUR... View article >
Currency:
Posted on 19 July 2017 | 9:10 pm GMT
Author: BER Research

USD Softens as Trump’s Failed Healthcare Bill Casts Doubts over Tax Plans

Pound Sterling (GBP) GBP/USD 1 Week Chart The Pound is largely weakening today as markets are reluctant to buy Sterling ahead of tomorrow’s retail sales data. The figures will give an indication of how consumer spending – a vital component of economic growth – is holding up. Any weakness here would suggest that strong inflation... View article >
Posted on 19 July 2017 | 1:32 pm GMT
Author: TorFX

When Non News is News

Summer markets are in full-swing.  There wasn’t any data of note in Asia or Europe and the uncertainty surrounding Thursday’s European Central Bank meeting left currencies in narrow ranges. Bloomberg published an article about the ECB “studying stimulus plan’s according to “unnamed sources” who said that it doesn’t mean a stimulus change is imminent.  News... View article >
Posted on 19 July 2017 | 11:44 am GMT
Author: Agility Forex

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