OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Tarbert Talks Coronavirus
Dr. Heath Tarbert was the latest guest on the podcast of the Futures Industry Association (FIA), FIA Speaks. [caption id="attachment_368073" align="alignleft" width="220"] Heath_P._Tarbert[/caption] The podcast is hosted by Walt Lukken, the Chief Executive Officer (CEO)…
U.S. Economic Outlook and Monetary Policy
It is my pleasure to meet virtually with you today at the New York Association for Business Economics.1 I have been looking forward to this session, and I am sorry that I cannot join you in…
ESRB: The General Board of the European Systemic…
At its extraordinary meeting on 6 May 2020, the General Board of the European Systemic Risk Board (ESRB) discussed a first set of actions in five priority areas identified to address the impact of the…
Coronavirus has put a Unique Shock Onto Financial…
[caption id="attachment_366223" align="alignleft" width="300"] Coronavirus shock financial markets[/caption] Coronavirus has put a unique shock onto financial markets, but they were on solid footing to manage the shock. Randy Quarles is the Vice-Chair for Supervision at…
Dollar Dips Ahead of Key Data, FOMC Meet;…
Summary: The Dollar Index (USD/DXY), a favoured gauge of the Greenback’s value relative a basket of 6 major currencies ended slightly weaker in choppy trade. USD/DXY dipped to 99.979 from 100.058. Ahead of key data…
FED: COVID-19 and the Economy
Good morning. The challenge we face today is different in scope and character from those we have faced before. The coronavirus has spread quickly around the world, leaving a tragic and growing toll of illness…
Dollar Falls as US Jobless Rate Ticks Up,…
Summary: The Dollar Index (USD/DXY), a popular gauge of the Greenback’s value against a basket of 6 major currencies fell 0.56% to 99.558 (100.183) after the Federal Reserve announced it provide USD 2.3 trillion in…
Aussie Rockets Despite Ratings Downgrade, Euro Sags
Summary: The Australian Dollar starred in the FX world despite a cut by ratings agency S&P on Australia’s sovereign outlook. Traders shrugged off the downgrade, preferring to focus on the RBA’s recent QE remarks as…