Articles Archive for December 2015
Currencies, French News »
That wild partying by the euro in the wake of the ECB’s policy statement may have been a bit too much excitement for a currency that hasn’t been trading with significant strength for some time. It was fun while it lasted, but Mr Draghi is already taking down the bunting and switching off the lights […]
Currencies, French News »
The market’s immediate reaction to the long-awaited ECB meeting has been one of disappointment. ECB President Mario Draghi confirmed that there will be no extra monetary quantitative easing each month, but the programme will be extended to “at least March 2017.” The deposit rate has also been cut by a further 0.10%, taking it down […]
Currencies, French News »
December is set to be a crucial month for central banks in the US and Europe, as markets expect major decisions in the weeks to come. The US dollar has continued to strengthen against its major counterparts as we head into the week. Though there is a spate of US economic data to be released […]