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Shock! Livesquawk with the news that Buba were not in favour of Draghi's pile of easing measures yesterday. Fear a "doom loop" of high market expectations followed by disappointment Weidmann happy to debate extra measures but may have preferred to do

The nascent recovery in risk sentiment has entered a more mature phase on the back of the fresh easing measures by the ECB and the indications of additional stimulus at the National People’s Congress, China’s legislature. The upcoming March Fed

The ECB made an interesting policy shift at its policy meeting yesterday. At the press conference, ECB president Mario Draghi said that the ECB expected this to be the last policy rate cut and that it will instead focus on other unconventional

USD/JPY could be fairly volatile ahead of the BoJ and FOMC meetings , says BTMU. "The Fed may not raise the policy rate, and Chair Janet Yellen may also offer hints about the next policy move. The US economy may grow further, even under global

By Boris Schlossberg In the world of sports there is no more paranoid position than being a hockey goalie. You are, for intents and purposes, a human shield used for target practice. Your job is to stop the angry sting of rubber puck flying at you at

It takes years to build up an investment strategy that you’re comfortable with, and part of this process is building up a library of information to help develop your investment process. But when you’re hunting for the best resources on the topic

As we have done before, we use intraday data from last week’s press conference to identify what drove the market. The initial announcement (at 7:45 ET) saw EUR/$ fall over one big figure, likely reflecting the step up in the monthly run-rate of

Risk sentiment was stable in Asian hours, irrespective of weaker than expected industrial production and retail sales data out of China. It appears that last week’s ECB monetary policy announcement finally made a case of rising appetite for risk

Why Morgan Stanley sees a EUR/USD decline We remain bearish on EUR on a structural basis, looking for a move to parity against USD by the end of the year. Our bearishness rests primarily on three pillars. First, euro area banks remain heavily

Bank of Tokyo-Mitsubishi (BTMU) expects the ECB to act on 10th March with a faster pace of QE for longer coupled with a deposit rate cu t. "The divergence in economic performance with the US is becoming more apparent again. The euro remains

Eric Scott Hunsader (he runs market data business Nanex) has been awarded a $750,000 whistleblower payment by the Securities and Exchange Commission. Hunsader first raised the alarm about violations of securities law on the New York Stock Exchange in

In their weekly notes to clients today, the FX strategy teams at Societe Generale and BNP Paribas advise investors to position for a possible EUR bounce heading into and after the upcoming ECB March meeting next week. Here is how Sam Lynton-Brown

...We anticipate that: The ECB will revise downward the 2016 inflation forecast to -0.1% from 1.0% and the 2017 forecast from 1.6% to 1.5%, and step up the pace of monetary accommodation by cutting the deposit rate by 10bp and expanding the pace of

By Boris Schlossberg at BK Forex At first glance there seems to nothing common between Warren Buffett and the chaotic frenzy of the day-trading world that I inhabit. But on closer inspection I realized that there are some striking similarities

We lay out scenarios for EUR/$ for different outcomes on Thursday. Above all, after a year of mixed messages, the ECB needs to signal that it is serious about pursuing its inflation mandate, including via a stepped up pace of monthly QE purchases

Gold has been hailed as the “new black” in 2016. But after the precious metal’s best start to a year since 1980, signs are emerging that a newfound love for base metals could overrun the gold rush, says Citigroup. Gold GCJ6, -0.17% is up almost 20%

Sterling has come under heavy selling pressure as the debate on whether to remain in or leave the EU appears to be increasingly polarised, notes Australia and New Zealand (ANZ). "Some senior cabinet ministers, the Mayor of London and up to 150 of 330

EUR/USD breakout of its short-term range between 1.1061 (Dec. 15 high = potential wave 1 top) and 1.1432 (minor 76.4 %) provides fresh directions, says JP Morgan. EUR/USD break below 1.1061 eliminates the possibility of only dealing with a minor 4th

Deutsche Bank remains committed to its bearish EUR/USD forecasts and looks for a move down to at least parity over 2016. Here are three reasons why. 1- ECB has more ammunition to ease. "The BoJ experience points to the constraints of additional

The pound continues its journey lower with Brexit still in the frame Regular readers will know I have been a rally seller on GBP pairs, and GBPUSD in particular, for a considerable amount of time now including again earlier today. Timing is all and