Trending
Heat Index
Monetary Policies
Most Recent
 
Read More
February 19, 2015

FOMC Minutes Aftermath And Dollar Reaction

— This post was submitted by TITANFX —

Key Highlights

US dollar declined to some extent, as the FOMC meeting minutes failed to live up to the expectation of the market. Euro and the British pound surged higher and traded close to 1.1420 and 1.5450 respectively. Japanese Merchandise Trade Balance Total released by the Ministry of Finance registered a lower than expected trade deficit with a reading of ¥-1,177.5B. GOLD managed to pop higher and cleared an important resistance around the $1210 level.

FOMC Meeting Minutes

The FOMC meeting minutes turned out to be a negative event for the US dollar. The market was expecting the Federal Reserve to throw [...]

8
 
Read More
February 3, 2015

AUDUSD Nosedives As RBA Surprises With A Rate Cut

— This post was submitted by TITANFX —

Key Highlights

RBA Interest Rate Decision announced by the Reserve Bank of Australia surprised the Forex market, as the central bank decided to reduce cash rate by 25 basis points to 2.25 percent. Australian dollar reacted sharply after the announcement and plunged by more than 100 pips. Australian trade balance was released by the Australian Bureau of Statistics, which registered a deficit of -436M, compared to the expectation of -775M in December 2014.

RBA Interest Rate Decision

Earlier during the Asian session, the RBA Interest Rate Decision was lined up in which the market was not expecting any change in [...]

6
 
Read More
January 21, 2015

Recovery Optimism Taking Yen Higher

Bank of Japan Monetary Policy Statement

There was a major release lined up in Japan, as the Bank of Japan released their Statement on Monetary Policy. The central bank mentioned that they will maintain their amounts outstanding at about 2.2 trillion yen and about 3.2 trillion yen respectively.

The most important point to note from the report was the mention of economy recovering. “Japan’s economy has continued to recover moderately as a trend, and effects such as those of the decline in demand following the front-loaded increase prior to the consumption tax hike have been waning on the whole”.

Even BOJ’s Kuroda mentioned in the press conference that [...]

9
 
Read More
January 15, 2015

Swiss National Bank Discontinues Minimum Exchange Rate 1.20

SNB today surprised the market with announcement of discontinuing the minimum exchange rate of 1.20. T EURCHF and USDCHF were the biggest losers as both fell more than 2000 pips and depreciated more than 20%.

Here’s the press release from the Swiss Central Bank:

Swiss National Bank discontinues minimum exchange rate and lowers interest rate to -0.75%. Target range moved further into negative territory.

The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed a given exemption threshold by 0.5 percentage points, to -0.75%. It [...]

5
Latest Headlines
 
Read More
67USDCHF Technical Analysis
 
Read More
21British pound GBPUSD Technical Analysis
 
Read More
17Euro EURUSD

Trending Topics
Editor's Pick
Top Stories
Technical
News
Latest Headlines
Brokers Review
US dollar
ICO
Education
Top Stories
 
USDCHF Technical Analysis
 
British pound GBPUSD Technical Analysis
 
Euro Dollar EURUSD
 
dollar fed USDJPY
 
GBPUSD Technical Analysis
 
Trading Enterprises and Educational Centers
 
Situations When You Must Avoid Trading In Forex Market
 
Forex Trading Beginners Guide
Login
Right Now
 
Skraps ICO Micro investing
Skraps ICO: What is Micro-Investing?
 
 
 
 
 
Top Five
Heat Index
 
1
Must Read:Skraps ICO: What is Micro-Investing?
 
2
EURUSD Weekly Forecast – 02.02.2015 To 02.06.2015
 
3
Must Read:BASIC FOREX MISTAKE – FORGETTING TO MAKE DEMO ACCOUNT
 
4
Must Read:FXCM Review – Good or Bad? Submit Your Ratings
 
5
Must Read:Turning Trading Enterprises Into Educational Centers