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MORNING BELL: BRITSH POUND DECLINES
Monday, April 14, 2014
The better than expected news that came out of the US on Friday helped the US dollar gain ground. In the UK, the British pound lost ground erasing some of Tuesday’s gains, but managed to hold some of its positive momentum.
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MORNING BELL: YEN PUSHES USDJPY PAIR LOWER
Friday, April 11, 2014
The British pound fell slightly lower in Thursday’s trading session, after the Bank of England decided to hold its interest rates steady at 0.5%. However technically the British pound has broken its resistance levels...
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Morning Bell: Greenback Loses Ground
Thursday, April 10, 2014
The single currency erased its last two week’s losses after the Federal open market committee minutes were released suggesting that the US central bank might not raise its interest rates any time soon.
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Morning Bell: Aussie Hits Yearly Highs
Wednesday, April 9, 2014
The better than expected British manufacturing numbers released on Tuesday pushed the sterling around a hundred and fifty pips higher against the greenback.
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Morning Bell: Sterling Gains Ground
Tuesday, April 8, 2014
In the Eurozone, the single currency gained ground against the greenback with the currency erasing its Friday losses after a disappointing week.
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Morning Bell: Single Currency Slides Lower
Monday, April 7, 2014
Friday’s disappointing news that came out of the US, with the non-farm employment change numbers being recorded below expectations, seemed to have created some fear in the markets.
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Morning Bell: Focus On Us Jobs Report
Friday, April 4, 2014
The euro was trading lower on Thursday after the ECB pledged to use unconventional measures to help fight against low inflation. The ECB kept its main interest rate at a record low of 0.25 percent and the rate for bank deposits at central banks at zero, but comments from ECB president, Mario Draghi, weighed on the single currency.
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Morning Bell: Euro "Low-flation" Alert
Thursday, April 3, 2014
The euro was under pressure on Wednesday as the market is more cautious and awaits any sign that the ECB may apply measures to fight deflation in the region.
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Morning Bell: Japanese Sales Tax Hike
Wednesday, April 2, 2014
The euro slowly gained support up to $1.3794 EUR, continuing to recover from a one-month low of $1.3704 seen on Friday.
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Morning Bell: Purchasing Managers Index Data Ahead
Tuesday, April 1, 2014
The euro traded higher against the US dollar on Monday, but markets were choppy and the EURUSD experienced a volatile trading range.
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