Draghi defends ECB’s stimulus program
ECB President Mario Draghi defended the ECB's stimulus program after critics warned a long period of ultralow interest rates creates significant risks to the economy
Norway not panicking over ground lost against Sterling
Norway's situation not rated as perilous enough to warrant extraordinary measures on top of the budget stimulus in place
Dollar edges higher against major currencies
The Dollar edged higher against the other major currencies on Friday, as expectations for additional stimulus measures in the Euro zone and Japan led to increased support for the greenbac
Draghi: ECB may boost stimulus in March
Mario Draghi said the European Central Bank may bolster stimulus in March as threats to the euro-area recovery mount
Dollar confidence hindered by US data
US housing starts unexpectedly fell by 2.5% in December, whilst inflation in the form of CPI faltered in the same month and fell to -0.1%
EUR/USD trades within tight range
EUR/USD hit daily highs of 1.0972 and lows of 1.0863. This morning the pair opened at 1.0943
Liquidity in markets fairly thin during US public holiday
GBP/EUR moved off the morning low of 1.3047 across the day posting a high of 1.3164 as traders positioned themselves in the market ahead of this mornings UK Inflation data
GBP/EUR almost reaches 10% depreciation in two months
It appears global investors prefer the Euro side of the bet for an Brexit
Canadian dollar fails to benefit from comeback in oil prices
Canadian dollar failed to benefit from a comeback in oil prices, leaving GBP/CAD confined to a phase of consolidation
GBP pushes higher against CAD
Yesterday, the pound pushed higher against the CAD, as it rose form 2.0648 to 2.0777