By FXStreet Analysts at Rabobank noted that we have long argued that unconventional monetary policy is self-defeating. Key Quotes: “Our view is that efforts to boost demand via
By FXStreet EUR/USD is better bid on recent sticks, breaking through the 20 sma on the hourly chart at a1.0977 and onto the 1.10 handle, marking a high
By FXStreet GBP/USD gathered momentum and rose to fresh 2-week highs as the greenback continued to weaken across the board during the American session. Cable reversed early losses
By FXStreet Richard Franulovich, analyst at Westpac, explained Iron ore prices rose 18.6% overnight. Questions of sustainability aside, the sharp rise in iron ore prices has important implications
By FXStreet USD/CAD turned lower and hit fresh daily lows, as the Canadian dollar strengthened in tandem with oil prices, which are pushing to fresh session highs. USD/CAD
By FXStreet Analysts from Danske Bank expected a deposit rate cut of 10 basis point on Thursday from the European Central Bank and an increase in monthly purchases
By FXStreet Analysts at Scotiabank explained that JPY has consolidated its early February gains and has entered March at the upper end of its one year range. Key
By FXStreet USD/JPY is currently riding along lower levels of demand, while markets are in risk off mode, despite a better risk mood last week. The dollar was
By FXStreet FX Strategist at Scotiabank Eric Theoret has reiterated the bearish outlook for the pair in the near term. Key Quotes“Daily signals are broadly bearish, and the