Tag: tapering

Draghi’s Non-Committal Stance Drives Euro Rally

The euro  rallied to a five-week high against the dollar in early trading in Asia this morning, after a pronouncement from ECB president Mario...

Euro Nosedives After ECB Report

The euro took a nosedive against all major currencies yesterday after a report revealed that the ECB is considering the option of negative interest...

US Government Shutdown Spooks Markets

  A political stalemate over the budget has led to the first US government shutdown in 17 years, sending the dollar into freefall. In the...

Is Gold Back In Spite of Soros and Paulson?

A slowdown in the selling activities of speculators, coupled with an increase in demand for physical gold from Asian buyers is leading many analysts...

Bernanke’s Tapering Timeline Broadly Approved, Dollar Surges

  Yesterday at 18:00 GMT, the US Federal Reserve revealed the minutes of the recent FOMC policy meeting, which showed broad support among policymakers for...

Dollar Looking Nervy Ahead of Release of FOMC Minutes

The big event on the forex market today is the release of the minutes from the last FOMC meeting, which are expected to give...