Sunday, September 20, 2015

After FOMC Hold, Euro in a Fog as Markets Turn to ECB

After FOMC Hold, Euro in a Fog as Markets Turn to ECB

After FOMC Hold, Euro in a Fog as Markets Turn to ECB

Posted: 20 Sep 2015 04:50 PM PDT

Now that the Federal Reserve is keeping its ZIRP policy in place amid a backdrop of falling energy prices and ongoing disinflation, traders may now turn to other central banks – mainly the Bank of Japan and the European Central Bank – to make their countermove.

Euro Showed No Reaction to the Syriza Victory in the Greek Election

Posted: 20 Sep 2015 04:49 PM PDT

The Euro was little-changed against the US Dollar after the Syriza party won the Greek election.
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