Articles by: Miroslav Marinoff

Gold holds near 7 1/2-week peak as US jobless rate rises

Spot Gold traded in proximity to a 7 1/2-week high of $4,353.55/oz. on Wednesday, after the latest US employment data indicated a softening labor market and reinforced expectations of further policy easing by the Federal Reserve next year. Employers in all sectors of the US economy, excluding farming, added 64,000 job positions in November, after […] Read more

GBP/NOK hits 16-week high, focus on cenbank meetings

The GBP/NOK currency pair extended gains to a 16-week high of 13.6895 on Tuesday ahead of the outcome of the Bank of England’s and Norges Bank’s policy meetings. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 3.75% at its December 18th meeting. In November, the BoE […] Read more

EUR/NOK scales 17-week high ahead of cenbank meetings

The EUR/NOK currency pair extended gains to a fresh 17-week high of 11.9820 on Tuesday ahead of the outcome of the European Central Bank’s and Norges Bank’s policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its December 18th policy meeting. And, the ECB […] Read more

EUR/USD holds near 11-week high, eyes on ECB, US jobs data

The EUR/USD currency pair held close to an 11-week high of 1.1769 on Tuesday ahead of the outcome of the European Central Bank’s policy meeting, while investors braced for the US Non-Farm Payrolls data for more insight into macroeconomic conditions and the Fed’s future interest rate path. The Federal Reserve delivered a largely anticipated rate […] Read more

EUR/GBP holds near two-week high ahead of ECB, BoE meetings

The EUR/GBP currency pair held near a two-week high of 0.8795 on Tuesday ahead of the outcome of the European Central Bank’s and the Bank of England’s policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its December 18th policy meeting. And, the ECB […] Read more

GBP/NZD edges up ahead of BoE policy decision

The GBP/NZD currency pair gained at the start of the week ahead of the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 3.75% at its December 18th meeting. In November, the BoE left borrowing costs without change at […] Read more