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Monthly archive July, 2016

RBNZ To Cut Policy Rate In August, ECB To Cut Depo Rate In September – Nomura

Following the latest RBNZ meeting in early June, when the RBNZ left its policy rate unchanged, we highlighted that a rate cut before the end of the year was very likely and that it could happen as soon as at Read More →

USDCHF To Extend Its Upside Move?

Key Points

  • The US Dollar slowly and steadily moved higher against the Swiss Franc after trading as Read More →

GBPUSD – Can British Pound Bulls Take The Pair Higher?

Key Points

  • The British Pound after trading as low as 1.3068 against the US Dollar found support Read More →

EUR Risks Into The ECB – UBS

No additional stimulus; focus on UK referendum, Italian banks. We don't expect the ECB to deliver any new monetary policy stimulus this week (21 July). Instead, the UK vote to leave the EU will likely be the key focus, while Read More →

ECB watched for post-brexit action, euro seems to be anticipating more easing

The single currency is nursing some of its wounds this morning, after two days of consecutive losses and ahead of ECB policy decision later this afternoon. The euro is currently trading at 1.1033 to the USD, only managing to create Read More →