Tag Archives: ECB

Eye-Opener: Fed hike getting closer

The stock markets ended around 0.3% down on Friday,

FX majors mostly treaded water ahead of tonight’s NFP.

Oil prices have been volatile recently, but have continued to rise since yesterday morning.

EUR edged higher to 1.135 after the sharp fall overnight, but EUR crosses fell,

Yesterday evening the ECB decided to ban the use of Greek government debt as collateral.

EURUSD maintained its overnight gain at 1.147.

Reduced concerns about Greece fuelled yesterday a risk-on move in Europe and the US.

AUD plunged 1.8% to 0.767 after the RBA delivered its first rate cut following an 18-month pause.

Equities are down a bit in Asia after another data disappointment from the US.

EURCHF jumped towards 1.05 on news report that SNB may operate an unofficial corridor versus EUR.

Growth in the US economy is healthy, but wages pick up only modestly.

EUR appreciated slightly to 1.1325, while GBP was close to unchanged at 1.5070.