Post date: 25/03/2019 11:00 Last week proved to be a highly eventful one in the FX market. The Euro, in particular, had a very volatile few days. The common currency rallied to a seven-week high on Wednesday after the Federal Reserve sharply revised lower its interest rate projections following its latest monetary policy meeting. A…
Post date: 18/03/2019 08:00 British politics again dominated FX markets last week. As we expected, Parliament rejected the deal with the EU again by a large majority, but then proceeded to reject a no-deal Brexit and back a delay in the March 29th deadline. Optimism that the worst case scenario had been ruled out took…
Post date: 11/03/2019 08:00 Even though markets had braced themselves for a dovish ECB meeting, the central bank managed to outdo expectations with a significant downward revisions of growth and inflation forecasts and the announcement of a fresh round of cheap long term financing for banks. This sent the Euro down towards 18-month lows, briefly…
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