Free Trial

Rate edges up to the best levels of.....>

EURO-DOLLAR
EURO-DOLLAR: Rate edges up to the best levels of the session but remains shy of
the Wednesday highs at $1.1325, which become the short-term target in what's
been a very quiet session so far. $1.1329 also marks the 21-dma, with up
trendline resistance also kicking in at $1.1332.
Unsurprisingly the ECB rate decision takes focus from here, with the bank
expected to make sharp downward revisions to GDP and inflation forecasts for
2019, possibly laying the communication groundwork for another round of TLTROs
for Eurozone banks.
See the MNI ECB Preview here:
https://emedia.marketnews.com/ECB_Preview_March_2019.pdf 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.