ATF Trading Room

All Things Forex Trading Room: Will the GBP Struggle to Break Higher vs USD?

Bank of england

With the GBP/USD exchange rate still stuck in the same range, we examine the factors fueling the pound sterling's 9-month rally and ponder if the GBP will be able to find the much needed strength to be able to break higher against the greenback...

 

All Things Forex Trading Room: Can the ECB Successfully Talk the EUR Down?

EU-flags

As the remarks by the ECB President and other European officials cause some unwinding of euro short positions, we focus on the single currency and ponder if verbal interventions will be an effective method to curb the strength of the EUR...

 

Forex News

European Central Bank may inject more money into weaker eurozone nations

ECB Draghi

European Central Bank chief Mario Draghi under pressure to peg back the strength of the euro to boost struggling economies. Draghi, who has come under intense pressure, said the strength of the euro had become another reason to consider extra stimulus...

 

Fed likely to keep tapering after US gains 192,000 new jobs in March

Jobs

U.S. nonfarm payrolls show the economy added 192,000 new jobs in March, but the jobless rate remained flat at 6.7%. January and February's figures revised higher. ING economists forecast that Janet Yellen and the Fed won't be alarmed...

 
 

Forex Outlook

US economy hampered by severe winter weather, Fed Says

Eccles Building, Constitution Ave, from Mall

Consumer spending in the United States lessened because of cold, snow and storms during the winter months according to the Federal Reserve’s ‘beige book’ report. But was the cold weather the only factor to blame for the weak economic data?

 

IMF upgrades UK economic growth forecasts

IMF

Forecast for U.K. economic growth of 1.9% this year raised to 2.4% with IMF chief Christine Lagarde declaring 'optimism is in the air'. IMF may also upgrade its outlook for the global economy, which in October it predicted as expanding by 3.6% this year...

 

Forex Research

Inflation is too low in the Eurozone

EU-flags2

It's not clear what the European Central Bank can do about the problem. Mario Draghi and his colleagues are faced with a stubborn inflation which remains stuck at 0.8%, well below the central bank's 2% target for the currency zone...

 

Bank of England flags up housing market concerns

Bank of england

Financial policy committee 'concerned about potential risks to financial stability' from possible housing bubble. Bank of England policy makers agree to "closely monitor housing market indicators covering house price affordability and sustainability"...

 

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