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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 ...

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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: ...

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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 ...

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