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Finally, the past week satisfied dollar followers and turned out to be the best for its index (since September 2011). Those are FRS confident position in the assessment of the US economy in the 2nd quarter, the highest (since January 2013) growth of core inflation by 0.3% m/m, and a more clear Yelle... Read more

Draghi's speech along with quite honest comments on the present situation, traditional Greek problems, and negative American statistics can be considered as the main tone of the last week. The main keynote of the ECB President's speech was inflation as the "remedy" for all economic maladies. The so ... Read more

As it was expected, British pound was the celebrity of the previous week, although the results turned out to be better than expected. Doubts were based on the Conservative’s active criticism of the reserved policy, noninterference in a number of problems, and weak economic data. However, in the long... Read more

It was not the weak US report or weak-willed Japanese policy that were the main drivers of the week, it was not even bleak FOMC comments, but rather a panic on the German bonds market. Pairs with EUR showed the biggest growth, but it was not because of a large volume of bearish positions, it was due... Read more

Active sell-offs of the American dollar have been going for the second week - those are the results of impressions caused by weak macro economic data. The statistics on orders regarding long-term use commodities was the last straw - the whole 4% growth was caused by defense contracts without which t... Read more