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12 Feb 2019

ECB’s Lane: ECB has data-dependent perspective on monetary policy

The European Central Bank (ECB) Governing Council member and newly appointed Chief Economist Philip Lane is on the wires now, via Reuters, speaking in Hong Kong about the central bank’s monetary policy.

Key Points:

ECB has acknowledged movement of risks towards the downside.

ECB to take a measured approach on incoming data.

Central bank will have new comprehensive forecasts in March.

ECB has data-dependent perspective on monetary policy.

Important to recognize ECB policy provides a lot of support.

Europe's domestic engine remains 'pretty strong'.

Feb 12, 2019

NZD/USD hits three-week low on narrowing NZ-US yield spreads

The NZD remains offered for the fifth day straight, possibly due to the narrowing NZ-US yield differentials.  The spread between the 10-year New Zeal
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Feb 12, 2019

GBP/USD Technical Analysis: Bull RSI divergence confirmed on 4H chart

GBP/USD could be in for a minor bounce possibly to 1.2880-1.29, as the previous 4-hour candle closed on a positive note, confirming a bullish divergen
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