Analysis and Opinion » Daily Commentary 05/03/15
    IronFX - March 5, 2015, 09:15 GMT

    • EUR weakens ahead of European Central Bank meeting The notable feature of the market yesterday was the euro’s weakness ahead of the ECB meeting today. This suggests to me that the FX market hasn’t yet factored in the full impact of QE, despite the fact that bond yields in the Eurozone have fallen to

  • H.S. Borji

    The US dollar advanced briskly against a basket of currencies Wednesday, as investors shrugged off disappointing inflation numbers ahead of the Federal Reserve’s anticipated rate announcement this afternoon. The US dollar index, a weighted average of the greenback against a basket of trade partners’ currencies, advanced 0.54 percent to 88.60. The dollar appreciated against all

    Analysis and Opinion » Intraday Comment – USD/SEK
    IronFX - November 11, 2014, 15:15 GMT

    The dollar traded mixed against its major counterparts during the European morning Tuesday. It was higher against JPY, NOK and AUD, in that order, while it was lower against SEK and GBP. The greenback remained stable vs EUR, CHF, CAD and NZD. Swedish krona surged after the country’s CPI fell 0.1% yoy in October, a

  • James Boston

    The Swedish Central Bank, the Riksbank, has just announced that it has cut it’s benchmark interest rate to a record low of 0%. The 25 basis point cut to the Bank’s repo rate comes in an effort to stimulate inflation which has been running mostly negative for over a year now. There was a consensus

  • Forex » Currency Markets Shuffle Ahead of Fed Vote
    January 27, 2014, 21:31 GMT

    The forex markets were active to start the week, as currency traders placed their bets ahead of Tuesday’s Federal Open Market Committee policy meetings. Policymakers at the US Federal Reserve have been scrutinizing the economic data to determine whether January is the right time to pare back record stimulus for the second time in as