Monetary Policy — News Archive


Euro Falls Against US Dollar on Low US Jobless Claims and Strong PPI

The euro today fell against the US dollar breaking out of a consolidative range that was in place from the start of today’s session driven by shifting investor sentiment. The EUR/USD currency pair headed lower in the mid-European session as markets reacted to a US dollar rebound as tracked by the US Dollar Index.

Euro Falls Against US Dollar on Dovish ECB Rate Decision, Later Recovers

The euro today fell to new 2-day lows against the US dollar following the dovish interest rate decision by the European Central Bank and the Governor’s comments. The EUR/USD currency pairs decline was further accelerated by the mixed US inflation data released shortly after the ECB decision to cement the pair’s losses.

Australian Dollar Firm, Boosted by Domestic Fundamentals

The Australian dollar demonstrated good performance today as news from Australia was good, providing support to the currency. Judging by the gains of commodity currencies and lack of demand for safer ones, the market sentiment was relatively optimistic, which is surprising considering that recent news from around the world gave no reason for optimism.

US Dollar Forecast for Week of April 8-12

The US dollar ended the past trading week relatively flat. What factors will drive the US dollar over the current week and what traders can expect from the greenback?

Japanese Yen Drops as Market Sentiment Stabilizes, BoJ Doesn’t Help

The Japanese yen was the weakest currency on the Forex market today as the risk sentiment stabilized. Releases from the Bank of Japan did nothing to help the currency.

Sterling Pound Drops on BoE Rate Decision and Brexit Headlines

The Sterling pound today fell to new lows against the US dollar as it was buffeted by negative Brexit headlines from the early London session. The GBP/USD currency pair later fell to new record lows on rumors that the EU will allow an extension of Article 50 up to May 22, which is quite short.

Yen Soft Following Release of BoJ Minutes

The Japanese yen fell slightly today following the release of minutes of the monetary policy meeting by the Bank of Japan.

US Dollar Weak, Anticipating Fed Policy Decision

The US dollar was extremely weak today, waiting for the monetary policy decision of the Federal Reserve. Economic data released on Tuesday in the United States missed market expectations, giving no help to the US currency.

Australian Dollar Falls with House Prices

The Australian dollar was among the weakest currencies during the Tuesday’s session, falling together with house prices. The monetary policy minutes from the central bank did not reveal anything that could help the currency.

Dovish ECB Rate Decision and Draghi Comments Trigger Euro Crash

The euro today crashed to almost 2-year lows following dovish comments by the European Central Bank Governor after the bank’s interest rate decision earlier today. The EUR/USD currency pair today fell to lows last witnessed in June 2017 after the ECB slashed the eurozone’s economic growth forecasts and announced new easing measures.