FOREX.TODAY

Category: Forex News

Bank of England Rates on Hold, January Carney Comments Provide Insight
Profile photo of Wayne McDonell by Wayne McDonell
Bank_of_England_Rates_on_Hold_January_Carney_Comments_Provide_Insight_body_Picture_23
Talking Points: -BoE maintains key benchmark interest rate at 0.50%, Asset Purchase Target at 375B as expected -No policy statement once more -January Carney comments provide insight The Bank of England left its key benchmark rate at 0.50% and its Asset Purchase Target at 375B as expected across the board. Once more, the BoE left…
Read more
British Pound Soars as UK Unemployment Rate Drops to 7.1 Percent
Profile photo of Wayne McDonell by Wayne McDonell
British_Pound_Soars_as_UK_Unemployment_Rate_Drops_to_7.1_Percent_body_Picture_11
Talking Points: UK Unemployment Rate Fell to 7.1% in December, the Lowest in Five Years The British Pound Soared Against the US Dollar on Hawkish BOE Policy Bets Markets now look to UK Quarterly Inflation Report on Feb. 12 for further cues . The British Pound moved dramatically higher after UK Unemployment Rate fell to…
Read more
Bank of Canada Holds Rates, Downside Inflation Risks Noted
Profile photo of Wayne McDonell by Wayne McDonell
Bank_of_Canada_Holds_Rates_Downside_Inflation_Risks_Noted_body_Picture_1
Notable Points: -BoC keeps rates on hold at 1.00% -Downside risks to Canadian inflation have growth more important -2014 GDP growth prospects upped from 2.3% to 2.5% -2015 GDP growth prospects lowered from 2.6% to 2.5% -Average 0.9% inflation level in Q1 is expected -Canadian economy to reach capacity in about two years from now…
Read more
Australian Dollar Slumps After Chinese Manufacturing PMI Disappoints
Profile photo of Wayne McDonell by Wayne McDonell
Australian_Dollar_Slumps_After_Chinese_Manufacturing_PMI_Disappoints_body_Picture_2
Talking Points: HSBC’s Chinese Manufacturing PMI fell to 49.6 in January vs. 50.3 Expected A Slowing China Threatens Australian Growth, RBA Interest Rate Prospects The Australian Dollar Fell Against the Euro, British Pound and the US Dollar The Australian Dollar sunk after HSBC reported its Chinese Manufacturing PMI gauge came in at 49.6 in January,…
Read more
USD/JPY Falls to a Weekly Low on a Weaker PMI and Leading Indicator
Profile photo of Wayne McDonell by Wayne McDonell
USDJPY_Falls_to_a_Weekly_Low_on_a_Weaker_PMI_and_Leading_Indicator_body_Picture_1
Talking Points: US continuing claims highest since July US preliminary PMI disappoints expectations USD/JPY falls to a weekly low Want to trade with proprietary strategies developed by FXCM? Find out how here. The US Dollar fell about fifty points against the Japanese Yen this morning, as a mix of data painted a worse picture of…
Read more
Thank You

Thank you for signing up. Confirmation will be sent to your inbox shortly. You can login here

Log in
Register
Send message