The European Central Bank (ECB) upped its growth forecast for 2014 on Thursday, sending the euro higher, but downgraded its outlook for inflation.» Read More
A Spanish bond sale lifts the euro, but the European Central Bank meeting is the real headliner - time for your FX Fix.
Rob Subbaraman, Chief Asia Economist, Nomura says that he sees both the ECB and the Federal Reserve coming out with quantitative easing this year, with the BOJ and Bank of England doing so in the next few months.
Another week, another euro zone crisis! It feels as if this crisis is never ending, self perpetuating until an eventual Armageddon that will at the very best end with the break-up of the euro zone and at the very worst in World War III.
British Prime Minister David Cameron is facing criticisms of leaving the UK isolated after he said he would not agree to a new European Union treaty.
The Bank of England holds steady, New Zealand stands pat, and everyone is watching the EU summit - it's time for your FX Fix.
The European Central Bank is widely expected to cut interest rates back to a record low of 1 percent from the current 1.25 percent on Thursday and provide longer-term loans to banks that are struggling to find funding.
The Bank of England surprised investors at its last meeting with a significant easing. Here's how to trade this week's get-together.
Australia is growing, China is slowing, and everyone is eager for the EU summit, already - time for your FX Fix.
Efforts to improve liquidity in the world's financial markets 'psychologically' important, Louise Cooper of BGC Partners says.
The world's major central banks unleashed coordinated action Wednesday to ease the increasing strains on the global financial system, a move that sent stock markets up sharply.
Ben Broadbent, member of the Bank of England's Monetary Policy Committee, told CNBC, " it is true that there are still significant parts of the economy that are constrained by a lack of supply of credit from the banking system."
The British fret over Europe and Germany's bond auction disappoints - it's time for your FX Fix.
Even in a volatile, headline-driven market, short-term trading opportunities crop up. Here's one strategist's near term plan.
Brian Hilliard, chief UK economist at SG,Societe Generale, told CNBC, "I think we have reached a peak in inflation and we will see a very sharp fall next year partly because of VAT falling out of the calculation and partly because it is going to be weak." He predicted growth next year to be as low as 0.7%.
Apparently it's not just great minds that think alike.
The euro stops its freefall, the Bank of England holds steady, and Indonesia cuts - it's time for your FX Fix.
Testifying in front of the treasury select committee, Bank of England Governor Mervyn King detailed the central bank's rational for introducing a second bout of money easing. "The volatility did not dampen down, we did not see a reversal of the asset price movements, so we followed through and took the decision in October, which was unanimous, to resume the asset purchasing program," he said.
If Europe can just shore up its banks, this strategist sees a potentially major move in risk-on currencies.
Summit hopes give risk-on currencies a lift, and there's a prize for a euro exit plan - time for your FX Fix.
The cautious are paying for the profligate, not only by sacrificing their tax money to save banks from collapse but by seeing their savings eroded by negative interest rates.