ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone






ECB’s Draghi Cautiously Upbeat on Eurozone The Head of the European Central Bank (ECB) says that risks to the strengthening economy of the 19-country Eurozone have fallen insisting it is too early to declare victory and start withdrawing stimulus measures. Mario Draghi said in remarks delivered Wednesday in the Dutch Parliament that recent data confirm […]






EUR Rallies on Macron Presidential Victory

EUR Rallies on Macron Presidential Victory






EUR Rallies on Macron Presidential Victory $EURUSD EUR rallied to $1.1023 from $1.0998 in early Asia-Pacific Forex trading Monday after pro-European centrist Emmanuel Macron, 39 anni, won the French Presidency, scoring a victory over far-right rival Marine Le Pen. The single currency reached its highest mark since November on Mr. Macron’s win, but the gains […]






Eurozone Struggling to Overcome Anti-establishment Forces

Eurozone Struggling to Overcome Anti-establishment Forces






Eurozone Struggling to Overcome Anti-establishment Forces $EURUSD Italian Prime Minister Matteo Renzi, 41 anni, resigned after suffering a crushing defeat Sunday in a referendum on constitutional reform, tipping the Eurozone’s 3rd-largest economy into political uncertainty. PM Renzi’s decision to quit after just 2.5 years in office deals a blow to the EU, already reeling from […]






There is ‘Gloom & Doom’ in the Eurozone Business Sector

There is ‘Gloom & Doom’ in the Eurozone Business Sector






There is ‘Gloom & Doom’ in the Eurozone Business Sector While the Eurozone economy has proved resilient to multiple uncertainties such as Brexit, Key business surveys in Europe’s 2 biggest economies, Germany and France has poured a bucket of cold water on the rising optimism. The Ifo Business Climate Index, which is a highly-regarded early […]






HeffX-LTN FX Report (Daily)






HeffX-LTN FX Report (Daily) $EURUSD, $GBPUSD, $USDJPY, $USDCHF, $AUDUSD, $NZDUSD The USD trimmed gains but remained supported Vs the other peer currencies Wednesday, as FX investors became more cautious ahead of the minutes of the Federal Reserve’s most recent policy meeting due later in the day. USDJPY climbed 0.49% to 109.68. FX market participants were […]






ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy

ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy






ECB’s Mario Draghi Ignores German Criticism of Loose Money Policy $DIA, $SPY, $QQQ, $VXX Thursday, European Central Bank (ECB) President Mario Draghi ignored German criticism of the central bank’s ultra-loose monetary policy and vowing to use all the “tools” at his disposal for “as long as needed.” He said the ECB’s policy was working, which helped boost […]