American home sales reach three-year minimum
In December, American home sales slipped to their lowest value for three years…
ECB Meeting & Press Conference
| Traders are now extremely alerted to any comments from the European Central Bank as they expect the regulator to announce the scaling back of its 2.3 trillion-euro bond-buying program in September or October. That’s why the ECB meeting on September 7 will draw a lot of attention. |
| The minimum bid rate will be announced at 14:45 MT time and the regulator’s press conference will start at 15:30 MT time. The EUR made big moves the last time President Mario Draghi spoke with the press and there are all reasons to believe that there will be many trading opportunities this time as well. |
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UK employees’ pay surge reached another 10-year maximum and employment rallied by much more than anticipated for the three months to the end of November due to the fact that the UK labor market was still firm notwithstanding other signs of an economic…
5 important things this week will bring us!
What are the main events for this week? Find out from the news!
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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