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    • T@rantula replied Mar 10, 2016

      As presumed the ECB decision made a hectic movement on Forex and Equities. The ECB decided to cut main refinance rate to 0.0% while markets expected 0.05% + deposit rate was cut to -0.40% vs 0.40% expected. Four new Targeted longer-term refinancing ...

      Spider's Den
    • T@rantula replied Mar 9, 2016

      This week we have the ECB meeting, with analysts predicting further forms of QE by reducing deposit rates, which should weaken the EUR. Of recent, we've seen Commodities prices rebound, in particular Iron Ore, Copper, Gold, OIl (and coupled pricing ...

      Spider's Den
    • T@rantula replied Mar 7, 2016

      The EURUSD is focused on ECB meeting this week on Thursday where investors will re-assess ECB further policy but until then we need to analyze the possible intraday movement of the most traded Forex pair. After good NFP but bad wages data on Friday ...

      Spider's Den
    • T@rantula replied Mar 3, 2016

      An unexpected jump in Crude Oil inventories (It influences the price of petroleum products that affects both growth and inflation) had a small impact on USDCAD yesterday as gains were limited and the pair continued to tank during US session. The ...

      Spider's Den