• BoE Inflation Report Suggests More Accommodation Necessary

    Very Dovish BoE Inflation Report Signals More Rate Cuts. Offsets Jobs Data. Swedish Central Bank Cuts by More than Expected. Staggering 17.5% Drop in Exports out of China. USD/JPY Falls Back Out of Cloud. More SNB Intervention Talk. Looking to Buy EUR/JPY on Dip Using ATR Analysis. US Trade Data Due Up.
  • Euro Setbacks Accelerate on Russia Downgrade

    Euro sees heavy selling ahead of US open on news of Fitch Russia downgrade. Overseas equities tracking higher. Flight to safety trade bid overnight.