Month: April 2018

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  China cuts reserve requirement ratio for some banks by 1%

  Headlines via Bloomberg and Reuters PBOC says that the cut will be effective as of 25 April. It has been the case in the past[...]
  2018-04-17 23:25:08

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  ForexLive European FX news wrap: Sterling falls after wages data misses expectations

  Forex news for the European trading session - 17 April 2018 Economic data: Headlines: Others: - JPY leads, NZD lags behind on the day -[...]
  2018-04-17 23:25:08

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  UK's Hammond expects record high employment to help boost UK productivity

  UK finance minister Philip Hammond speaks in parliament Although the highlight of the UK labour market report earlier was the poorer than expected wage growth,[...]
  2018-04-17 23:25:08

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  Scotiabank says BOE hike is closer to call than market pricing suggests

  Scotiabank's head of European fixed income strategy, Alan Clarke, spoke to Bloomberg earlier Clarke says that a BOE rate hike in May is not a[...]
  2018-04-17 23:25:08

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  SocGen says that China's RRR cut is meant to ease deleveraging pain

  Comments by SocGen's chief China economists, Yao Wei Yao says that the move by the PBOC is part of its efforts to mitigate the "pain"[...]
  2018-04-17 23:25:08

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  Mnuchin says new tax system is showing strong economic growth

  Comments by US Treasury secretary Steven Mnuchin as he speaks to CNBC I would argue that Trump's tweet sort of killed two birds with one[...]
  2018-04-17 23:25:08

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• 
  USD/CHF climbs above 200-day moving average

  First time above the technical level in three months The last time USD/CHF was above the 200-dma since January 12.
  2018-04-17 23:17:16

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  USDCHF surges above its 200 day MA. First look above since January

  Based today at trend line and 100 day MA The USDCHF is surging higher today and in the process is trading above its 200 day[...]
  2018-04-17 23:17:16

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  EURCHF tests the underside of the broken trend line. The 1.2000 level eyed.

  And moves to within 100 pips of the SNB depeg level of 1.2000 Way back in January 2015, the SNB surprised the market and pulled[...]
  2018-04-17 23:17:16

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  Is the euro finally beginning to wilt under poor economic data?

  The numbers have been dismal This year in Europe is all about the end of QE. That's supposed to signify Europe turning a corner but[...]
  2018-04-17 23:17:06

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