Sunday, February 28, 2016

Euro Sinks as Investors Await ECB Action - Nov/Dec 2015 Redux

Euro Sinks as Investors Await ECB Action - Nov/Dec 2015 Redux


Euro Sinks as Investors Await ECB Action - Nov/Dec 2015 Redux

Posted: 28 Feb 2016 06:53 PM PST

There’s no other way to put it: EUR/USD (and the EUR-crosses broadly speaking) are experiencing déjà vu. If we’re right, then this is another classic “buy the rumor, sell the news” situation.

NZD/USD Drops as Weak Data Inspires RBNZ Rate Cut Bets

Posted: 28 Feb 2016 03:14 PM PST

The New Zealand Dollar traded sharply lower at open of the trading week after a string of disappointing economic data releases spurred RBNZ interest rate cut speculation.

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