Jens Nærvig Pedersen, senior analyst at Danske Bank, explains that the EUR/USD pair faced a reality check of Fed pricing yesterday when the Fed’s Bullard argued that a 50bp rate cut would be overdone and Powell failed to commit to easing. Key Quotes “Comments from the two sent EUR/USD temp

Further comments by BOE governor, Mark Carney Expectations of a no-deal Brexit have risen, thus affecting the economy But markets are not saying that no-deal is the most likely Brexit scenario Business uncertainty is as high as it was before the 29 March deadline Housing market has been affected by

Dovish RBNZ outlook triggers some initial weakness during the Asian session. The downtick turns out to be short-lived as 25bps rate cut is already priced in. The intraday up-move seemed unaffected by a follow-through USD recovery. The NZD/USD pair built on its post-RBNZ positive momentum

Overview The Bank of England (BOE) inflation report hearings, due at 0915 GMT, will hog the limelight amid a data-sparse EU calendar this Wednesday. Among the testimonies by the BOE policymakers, Governor Mark Carney’s testimony will be closely heard, in the face of the recent dovish tilt. Note that

Prior 99French consumer confidence rebounds to its highest level since January 2018 and that will give added relief to euro area economic sentiment amid the struggles seen in Q2. That said, economic conditions in France isn't really booming but it isn't as bad as Germany per se at the moment e