News and Events | Savi Trading

EURUSD Outlook – by – Michael Oyebamiji

January 25, 2016 OyebamijiLast week, the European Central governor Mario Draghi made it clear that ECB has plenty of instruments and the willingness of the governing council to act and deploy these instruments. He was speaking on the back of poor economic growth in the Eurozone economy and low inflation. This means in the next meeting in March,… View Article

Monday morning update – 25/01/16 by Michela Jaccarini

January 25, 2016 Following ECB President Draghi’s speech last week the euro weakened to a low of 1.0777 but has since recovered slightly and is currently trading at 1.0813. This week is particularly important as on Wednesday we have the US interest rate decision. At the end of 2015 it was speculated that there will be 4 quarterly… View Article

American Round Up 22/1/16

January 22, 2016 American Round Up 22/1/16

European Opening Session 22/1/16

January 22, 2016 European Opening Session 22/1/16

American Round Up and Q&A Session 22/1/16

January 22, 2016 American Round Up and Q&A Session 22/1/16

Euro Update – by Michela Jaccarini

January 22, 2016 As predicted, the ECB yesterday kept the interest rate on the main refinancing operations unchanged at 0.05%. The interest rates on the marginal lending facility and the deposit facility also remain unchanged at 0.3% and -0.3% respectively. Mario Draghi expects the banks’ interest rates to remain at this level or lower for an “extended period”…. View Article

European Opening Session 21/1/16

January 21, 2016 European Opening Session 21/1/16

American Round Up 20/1/16

January 20, 2016 American Round Up 20/1/16

General Update – 20/01/16 – by Michela Jaccarini

January 20, 2016 Two important currencies to look out for today are GBP and CAD. GBP saw positive CPI news however soon after Bank of England Governor Mark Carney’s speech provided little good news. It was stated that interest rates would not be hiked any time soon due to the slowdown in the world’s market. Particular emphasis was… View Article

European Opening Session 20/1/16

January 20, 2016 European Opening Session 20/1/16