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…
Dimitar Radev: Decision about the euro is strategic,…
Mr. Radev, how would you assess the Euro results of the asset quality review that the European Central Bank (ECB) conducted on six Bulgarian banks? How is the subsequent communication with Frankfurt in view of…
Dollar Gains, FX Cautious as China-US Trade Talks…
Summary: FX markets shunned recent economic data, eyeing trade negotiations amid looming signs of a global recession. Uncertainty prevailed on China signalled its willingness to deal on parts of the negotiations but were reluctant to…
Martin Gilbert to Take Over UK Based Digital…
As per recent announcement made by London based digital banking service provider Revolut, the firm is planning to appoint UK based industry Martin Gilbert as its new Chairman. This appointment will make Gilbert, Revolut’s first…
Dollar Ends Mildly Lower, Inflation Rises, Bond Yields…
Summary: The Dollar Index (USD/DXY) ended marginally lower (97.056 from 97.127) despite a stronger-than-expected rise in US underlying consumer prices. In the second part of his testimony to the US Congress, Jerome Powell generally reiterated…
Dollar Up on “Healthy” Sales, Fed, BOJ, BOE…
Summary: The Dollar once again claimed “King” of currencies even as May US Retail Sales missed forecasts, rising 0.5% against an expected 0.7%. April’s Sales though were revised up to a gain of 0.3% against…
Yannis Stournaras: A retrospective on euro area monetary…
Introduction 2019 marks the 20th anniversary of the euro, which ushered in a new era of European history. Over these past two decades, the monetary policy of the Eurosystem broadly succeeded in creating a low-inflation…
Trump’s Mexican Tariff Threat Thumps Peso, Dollar Turns…
Summary: US treasury yields collapsed, extending May’s steep declines after US President Trump’s new tariff threats on Mexican exports drove a flight-to-safety. The benchmark US 10-Year bond yield collapsed 9 basis points to 2.12%. Two-year…
Olli Rehn: Living with populism – reflections on…
Accompanying slides of the speech. Ladies and Gentlemen, Dear Friends, Let me first wish you a very good Schuman Day - or Europe Day. It is a great pleasure and honour to meet and talk with you…