UK has to choices to make in Brexit talks, says EU sources 0 (0)

Reuters with the headlines, citing EU diplomatic sources on the matter
– Progress made in drafting legal text of new treaty
– But no mutually acceptable solutions on fisheries, governance, level playing field
The same old, same old as we look forward to another round of talks in Brussels this week. The pound has now slipped to the

Go to Forexlive

RBA’s Lowe: Would rethink about negative rates if global peers went negative 0 (0)

RBA governor, Philip Lowe, remarks in the Q&A session after his speech
– The costs still outweigh the benefits of negative rates now
– Negative rates still extraordinarily unlikely
This is a similar kind of rhetoric to his remarks from last week . Nothing has changed yet but as much as it is important to follow what the

Go to Forexlive

FOMC meet December 15 & 16 – some Fed watchers say the Bank could ease further before this meeting 0 (0)

The Federal Reserve’s next Federal Open Market Committee meeting is mid-Dec. Standard Chartered analysts say the Fed could ease policy again prior to then.
While there are already some market expectations of a move at the December meeting an earlier move would have an impact from (1) the  ’surprise‘ timing and also by (2) a concerned

Go to Forexlive

ForexLive Americas FX news wrap: Consumer sentiment slides 0 (0)

Forex news for North American trade on November 13, 2020:
Markets:
– S&P 500 closes at record high, up 1.4%
– US 10-year yields down 1.3 bps to 0.896%
– Gold up $11 to $1887
The general theme in New York trade was US dollar selling as the risk tone slowly strengthened despite the miss in the U Mich survey.

Go to Forexlive

German government spokesman says that no easing of virus restrictions is possible yet 0 (0)

German authorities will be meeting again on Monday to evaluate the current situation in the country
So, the above statement relates to that but I reckon one could also infer from the daily reports on the virus situation. In the latest update earlier today, Germany saw a record number of infections in the past 24 hours

Go to Forexlive