Euro keeps testing the support Once the current Chair Janet Yellen’s term expires in February, President Donald Trump nominated Jerome Powell to run the Federal Reserve. President Donald Trump nominated Jerome Powell to run the Federal Reserve once the current Chair Janet Yellen’s term expires towards broadly expected and one unlikely to interrupt the massive […]

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Euro rebounds against greenback According to the Federal Reserve’s proposed inflation measure, the personal consumption expenditures price index (PCE) excluding food and energy rose 1.3% in the 12 months through September. As reported with expectations well below the Fed 2% target charging the expectations that the trend of subdued inflation will keep the interest rates […]

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Euro stays above 1.1737 On Thursday, The European Central Bank meets for its long anticipated policy decision possibly defining the beginning of the end of the most critical market events in 2017, the asset-buying program. Though the details of how much and when have been the subject of much consideration, the European Central Bank President […]

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Euro Rise continues During October policy meeting, the European Central Bank policymakers openly decided to expand asset purchases at a lower volume with the views of crossing on a nine-month expansion. While hawks want the ECB to signal its aim to decline and end the purchases, the policy doves want at least the same type […]

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Euro is set for a rise EU negotiators have augmented backroom Brexit talks with Labour amid the concerns regarding the future of Theresa May. According to the Daily Telegraph, the unpredictability about May’s premiership has stepped up the EU negotiators conversation with the Labour. On the other hand, the Federal Reserve Bank of Boston President […]

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Euro is pushing higher ECB Chairman Mario Draghi will speak and at 19:15 the Fed Chairman Janet Yellen will speak followed by a two-day ECB meeting on monetary policy will commence. On the market there were continuous gossips that President Donald Trump is considering the renewal of the chairman of the Fed. Both Draghi and […]

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Greenback’s Gain Extends The Federal Reserve will be awaiting an announcement about its own leadership possibly within weeks whether President Donald Trump will ask Janet Yellen to remain as the Fed Chair as her term ends after February. After the meeting on Wednesday, the Fed is about to announce its decision about reducing its huge […]

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Euro gaining upper hand against Greenback Since economic growth is in high momentum and inflation is balanced, the European Central Bank is expected to announce that its purchases would slow down. The German Finance Minister, Wolfgang  Schaeuble said in an interview that ECB when ending its ultra-loose monetary policy needs to be aware to prevent […]

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Time for some correction The pair is pressured towards the south with strong USD across the charts and had an exhaustion from last week’s gain. The price fell to the lowest since last Thursday and continues its path of being corrected. The price had dropped more than 100 pips this far. The pair is heading […]

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ECB on Focus To understand the trading methodologies during ECB, we must first understand the call for meeting and its contents. Given below are few key points to watch during the meeting: • When will the QE purchase end? If ECB decides to taper the program by end of 2017 or start of 2018, then […]

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