September 18, 2014
Actual:22.5 Forecast:23.0 Previous:28.0 A slightly lower than expected number saw EURUSD pushed to 1.2930 continuing to edge back towards levels seen throughout the last two weeks. Not much movement elsewhere.
September 18, 2014
Actual:0.998M Forecast:1.045M Previous:1.057M With the data coming out a little bit worse than expected, we saw very little reaction from the market with EURUSD edging 30 pips higher and USDCHF trading 30 pips lower. The Philadelphia Fed Manufacturing Index figure will be out in the next hour which could cause some movement in the dollar
September 18, 2014
Quotes from RBC Capital Markets: -CHF: The SNB left rates unchanged, keeping the ICE Libor target range at 0.0% – 0.25%. The central bank also maintained its cap on the Swiss franc and reiterated its vow to defend it with “utmost determination”. -In its press release, the SNB highlighted deterioration in the economic outlook and… View Article
September 17, 2014
The Fed decision was to keep rates on hold and reducing their asset purchasing programme to $10B from $15B. Fed Chair Yellen has explained that inflation has tightened since the start of the year and she see’s it moving towards the comity’s target of 2%. Rates will be increased in line with the performance of the… View Article
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