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ECB – Could the Euro’s dive continue?

All eyes will be on the ECB on Thursday with Draghi and Co set to confirm that the central bank is heading for additional...

Pound breaks last week’s band

Eurozone manufacturing PMI unexpectedly revised down to 47.6 in the final June number, from 47.8 in the preliminary reading. This means the manufacturing reading...

EUR at 3-session high amid Dollar softness

EURUSD edged out a 3-session high at 1.1343 (R1 for the day), coming within 4 pips of the 3-month high seen last Friday. Recent price-movement...

EURJPY led broader euro outperformance

EURJPY, H4 and Daily Eurozone retail sales declined in the April reading, correcting -0.4% m/m, after stagnating in March. The annual rate fell back to...

EURJPY sustains overnight gains

EURJPY Yen has been weakening along with the Dollar against most currencies as a risk-on sentiment continues to course through global markets. Meanwhile Aussie remains...

ECB and the idea of tiering Deposit rates

Bund yields have fallen into negative territory for the first time since 2016 and yesterday even fell below the JGB rate, after comments from...

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