GBPUSD to fall with a fizzle, not a bang Yesterday I was reflecting on May’s negotiating approach which I called, it could always be worse.  The conclusion that I reached was that there is only one likely ‘sell’ outcome for the GBP at the moment and that is a ‘no-deal’ scenario: No deal – unlikely
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Barclays on the Reserve Bank of New Zealand MPS and Orr yesterday. This in brief:   reintroduced symmetric forward guidance that the next move could be “up or down,” largely as expected RBNZ governor Adrian Orr reinforced the supportive outlook for the domestic economy, stating that the risks of a rate cut have not risen
Reiterates view after RBNZ meeting Speaking at parlieaments finance and expentiture select committee, RBNZ Adrian Orr said: risks around interest rate outlook is balanced forecasting near 0 increase in real house prices reflects less growth in house prices household spending may be more circumspect, but still positive The NZDUSD rose sharply yesterday after the RBNZ
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Comments from Bostic in Ireland It was time to put our policy on a more-neutral range My view has not changed very much on how monetary policy should operate It’s important that we don’t go too fast and inadvertently hurt economy Need to ‘wait and see’ how the economy responds Things have changed a little,
Newly appointed ECB chief economist, Philip Lane, will appear again today Here’s the schedule and what to expect:ForexLive 0855 GMT – ECB’s Philip Lane speaks in Dublin Lane will be speaking at the European Financial Forum, hosted by the FT, and will be making a ‘special presentation’ according to the agenda here. I wouldn’t expect
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
The Australian dollar leads the way ForexLive The aussie gained earlier on the back of improving business conditions seen in a NAB survey but those gains were quickly tempered with in the hours thereafter. However, the currency is regaining some poise again ahead of European trading and is leading gains among major currencies with markets
Comments from HSBC on the Reserve Bank of Australia  RBA appears unconcerned by signs that the ongoing deceleration in the flow of credit is hitting domestic demand RBA has now capitulated from its long-held view that the next move is “more likely to be an increase rather than a decrease,”  it maintains that the case
Forex news for February 19, 2011 In other markets: Spot gold fell -$6.30 or -0.48% at $1308.20.  A higher dollar helped to send the price of the precious metal lower.   The price fell below both the 100 and 200 hour MAs turning the bias back to the downside. The $1300 level will be eyed.  CLICK