Displaying items by tag: stealth forex
Monday, 31 January 2011 10:21
Stealth Forex System
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Published in Forex Systems
- Language Of FOMC Minutes Signaled More Dovish Outlook
The April FOMC minutes indicated that policymakers acknowledged improvements in economic growth but these remained insufficient to change its current accommodative policy stance. While there was slight change in language from the previous meeting, it appeared that the central bank turned mildly more dovish. Overall, the Fed continued to pledge - BOE Revised Lower Growth and Inflation Forecasts
The BOE released a dovish quarterly inflation report in May, lowering both inflation and GDP growth forecasts from February projections. Policymakers also cited the worsening situation in the Eurozone would affect the UK's path to recovery and there was a "risk of a storm heading our way from the continent". - Eurozone Avoids Recession Temporarily, More Negative Effects To Be Seen In 2Q12
The Eurozone economy turned out to be better than expected in 1Q12. Notwithstanding consensus forecast that the region would technically fell to recession with two consecutive quarters of contractions, the flash GDP data came in flat, compare with 4Q12’s -0.3% drop. Despite the apparently stronger than expected growth figure, the - RBA Releases Dovish Minutes in May
The May minutes released by the RBA came in more dovish than expected. Together with the SMP released on May 4, it suggested that policymakers are forecasting more moderate inflation levels than previously anticipated. Overall, the chance of further rate cut is a tug of war between apparently improving domestic - Greece's Exit Less Likely Than Market Speculations
The Greek election result has dramatically raised market speculations of the country to exit the Eurozone. However, given that over 70% of voters in Greece prefer the country to retain in the 17-nation bloc and a default on Greek sovereign debts would be disastrous for the official sectors including the
