Home / Author Archives: Forex Crunch

Author Archives: Forex Crunch

ECB “sources” send EUR/USD down 30 pips

According to Reuters, which usually has access to ECB sources, the European Central Bank cannot agree on setting a final date for its bond-buying scheme. EUR/USD falls from 1.1990 to 1.1960. Two weeks ago, president Mario Draghi told us that ...

Read More »

German ZEW Economic Sentiment bears with 17

Germany’s ZEW institute was expected to show a small rise in business confidence. The economic sentiment measure carried expectations for a rise from 10 points in August to 12.5 now. The Current Conditions component was predicted to remain basically unchanged: ...

Read More »

AUD/USD remains pressured by the RBA

After the ECB and then the BOC complained about the exchange rate, the RBA followed suit. It seems that everybody except the BOE wants a lower currency. For Australia’s central bank, it is certainly not the first time. While the ...

Read More »

Euro-zone core CPI upgraded to 1.3%

Final euro-zone numbers were expected to confirm the initial read: headline inflation rose to 1.5%, somewhat related to the price of oil. Core CPI held steady at 1.2% y/y. Month over month, prices advanced by 0.3% according to the initial ...

Read More »

GBP: What’s next after the big leap?

The pound shot up on quite explicit hints of a rate hike from the BOE. Will they really move in November? Here are three opinions about the next moves for the pound against the dollar and the euro: Here is ...

Read More »