2016

Latest Blog

Euro on roller-coaster ride

ECB kept interest rates unchanged, but the Euro went through a roller-coaster ride.

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Freeze talk freezes

The highly anticipated meeting in Doha, Qatar ended without any agreement.  WTI gapped 2,000 points, fell below $40 a barrel. 

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Risk aversion dominates

Risk aversion drives demand in safe-haven, USDJPY plunges to 18-month low.

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Yellen feeding the Doves

Dollar weakens on Yellen’s dovish comments; EURUSD hits 5-month high. 

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Brexit fear grips Sterling

Sterling crumbles on fear of Brexit, poor data and dollar strength. 

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Fed disappoints, BOJ & SNB on alert

Four central banks announced their monetary policies last week. 

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RBNZ surprises, slashing rate to record low

Reserve Bank of New Zealand (RBNZ) took the market by surprise last week; slashing interest rates by 25 basis points to a record low of 2.25%.

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RBA optimism pushes Aussie to 6-month high

The Reserve Bank of Australia (RBA) kept rates unchanged in their latest announcement. 

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Sterling at 7-year low on "Brexit" Fears

The Sterling made headlines last week, plunging to its 7-year low on fear of “Brexit”. 

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“Brexit" on the table

The Cable opened the week with a 130+ pips gap lower than last Friday’s closing price. 

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