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Tag Archives: euro zone news

USD/JPY Crumbles on Puny Stimulus Projections

Market Drivers July 26, 2016 USDJPY sinks 2 big figures on disappointment of stimulus Cable bounces off lows Nikkei -1.60% Dax 0.14% Oil $42/bbl Gold $1329/oz. Europe and Asia: GBP UK BBA Loans 40B vs. 38B North America: USD PMI Services 9:45 USD Consumer Confidence 10:00 USD New Home Sales 10:00 USDJPY dropped nearly two big figures in a ...

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Euro Hits Fresh Lows, Strong Week for Dollar

Euro Hits Fresh Lows, Strong Week for Dollar Daily FX Market Roundup 07.22.16 This was a strong week for the U.S. dollar. The greenback traded higher against all of the major currencies despite the lack of market moving U.S. data. In a...

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Will EURO Finally Crack 1.10 on ECB?

Will EURO Finally Crack 1.10 on ECB? Daily FX Market Roundup 07.20.16 For the past 24 hours EUR/USD has been flirting with 1.10. The currency pair traded above and below this key level but so far there hasn’t been a meaningful break. Traders are clearly waiting for Thursday’s European Central Bank meeting and are ...

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U.S. Dollar, A Winner in Global Easing

U.S. Dollar, A Winner in Global Easing Daily FX Market Roundup 07.19.16 The U.S. dollar is proving to be a big winner in a period when central banks around the world are talking about easing. The Bank of England and the Bank of Japan...

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