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ECB's Bonnici: More action is likely not needed given how things are going Dhwani Mehta

11:23 23 May /2016 Forex

European Central Bank’s (ECB) Governing Council member and the governor of the Central Bank of Malta, Josef Bonnici, was on the wires last hour, noting that he doesn’t see need for further ECB action at present.

Key Quotes:

What we've done already should be enough

More action is likely not needed given how things are going

Need to let measures work their way through

Expects a bit more optimistic prognosis for inflation

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Wall Street: Trump initiatives against the clock; Goodbye 'fairly soon' March hike Jose Ricaurte Jaen

Market participants seem to lose faith in Trump's promises and the 'phenomenal agenda' that made him 45th President of the United States. Over the last 4 weeks, the wires have been flooded with attractive headlines that have no correlation with the new US administration actions. Furthermore, as the

00:23 25 February /2017 Forex

US dollar index ends week higher but limited by 101.50

The US dollar rose marginally against most of the currencies during the week. The Dollar Index was up for the third week in a row, posting minor gains thanks to a rebound that took place during Friday’s American session. The DXY bottomed at 100.60, hitting

23:23 24 February /2017 Forex