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7 Feb 2019

EU slashes euro-zone growth forecast to 1.3%, Italy only 0.2% - EUR/USD pressured

The European Union cut the growth forecast of the euro-zone from 1.9% to only 1.3% in 2019. The fresh data is even worse for Italy, the third-largest economy. The European Commission sees a meager growth rate of 0.2% against 1.2% originally forecast. 

EUR/USD remains under pressure and battles 1.1340. Earlier, German Industrial Output came out with a drop against an increase that was expected for December. 

The slowdown is becoming more evident and the European Central Bank may have to delay its planned rate hike to 2020.

Feb 7, 2019

GBP: Brexit is a key driver – Danske Bank

According to Arne Lohmann Rasmussen, chief analyst at Danske Bank, today’s MPC meeting in the BoE is not likely to spur longer-lasting price action fo
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Feb 7, 2019

When is the BoE rate decision/ QIR and how could it affect GBP/USD?

BoE monetary policy decision - Overview Thursday's key focus will be on the Bank of England’s (BoE) ‘Super Thursday’, with the main focus likely to b
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