Search Results for: ECB
Asia shares stumble, oil skids to 27-mth lows
October 8th, 2014
Asian share markets were mostly in the red on Wednesday as worries about waning global growth lifted safe-haven bonds, while shoving oil prices to their lowest in more than two years. Extending a three-month-long decline, Brent oil sank $1.18 ...
Australia 200 – Enjoys Some Support Around 5250
October 2nd, 2014
Australia 200 for Thursday, October 2, 2014 For all of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and ...
Thursday October 2: OSB Daily Technical Analysis- Currency pairs
October 2nd, 2014
OSB Daily Technical Analysis for October 2, 2014 EUR/USD intraday dip below the 1.26 handle and consolidating at this level for now. Pair looking for further direction and possibly forming a short term bottom in this area as traders ...
Dollar broadly stronger as Hong Kong unrest caps stocks
September 29th, 2014
The dollar hit its highest in almost two years against the euro with German inflation data expected to keep pressure on the ECB to ease monetary policy further, while unrest in Hong Kong hurt Asian-exposed European shares. The dollar ...
Draghi: Euro’s Level in Alignment with Monetary Policies
September 25th, 2014
The euro’s depreciation is in line with the divergence of monetary policies around the world, European Central Bank President Mario Draghi said. “The exchange-rate movement reflects the different path of monetary policies in Europe versus the monetary policies in ...
G-20 Warns of Potential Market Risks
September 22nd, 2014
Group of 20 finance chiefs and central bankers said low interest rates could lead to a potential increase in financial-market risk, as major economies rely on monetary stimulus to bolster uneven growth. “We are mindful of the potential for ...
Draghi’s Trillion-Euro Journey Starts Today
September 18th, 2014
Mario Draghi’s trillion-euro journey is under way. The European Central Bank will announce the result of its first targeted lending program today as part of its effort to stave off deflation in the euro area. Draghi’s first step may ...
Australia 200 – Entrenched in Previous Trading Range Below 5500
September 17th, 2014
Australia 200 for Wednesday, September 17, 2014 For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Brent Oil Drifts Below $102 on U.S. Inventories
September 5th, 2014
Oil fell on Thursday, with a surprise rate cut from the European Central Bank boosting the dollar and hitting commodities priced in the U.S. currency. Losses were limited by a drop in crude oil inventories in the United States, ...
OSB Daily Technical Analysis – Currency pairs
September 5th, 2014
OSB Daily Technical Analysis for September 5, 2014 EUR/USD Collapse of the EURUSD losing two big figures after the ECB announcement caught markets off guard on Thursday by announcing a rate cut. Serious damage to the chart with next ...