Bank of Canada, Bank of England meeting - Usually the week of the month following the nonfarm payrolls is rather quiet, but this week we have several points of drama to watch...
Daily Forex Analysis - The price action in equities yesterday was driven by currencies and in particular, the pound. As I explained last week, the primary beneficiaries from the...
The US Central Bank Kept Rates on Hold Citing Brexit Risks - The Federal Open Market Committee (FOMC) June statement brought no surprises three weeks ago. The U.S. benchmark...
Is the British exit from the European Union beginning to the destruction of the euro - Thousands of years human without an intervention of computers valued their own currency...
AUD and NZD dollars - The Australian and New Zealand dollars moved higher against their U.S. counterpart on Tuesday, as investors began to digest Britain’s decision to leave...
Forex News - The pound advanced to a six-month high against the dollar on Thursday after the latest polls favored Britain remaining in the European Union, just hours before...
Forex News - Markets appear to be free-wheeling into the end of the week as they await the results of the UK’s EU referendum results on Thursday. The issue came up again at...
Daily Forex News - The USD/CAD pair gapped lower at the open on Monday, and drifted a little bit lower. Ultimately, this is a market that should continue to fall towards the...
Helpless Central Banks - From being the masters of markets in recent year, central banks are increasingly looking like the backroom boy; helpless against the uncertainties of the...
UK Retail Sales - The Chinese philosopher Lao Tzu said, "By doing nothing, everything is done." That may be the theme of the week as four major central bank meetings - US, Japan,...