So it happened - IMF has refused to grant Greece a delay in the regular debt repayment. There comes a moment that everybody anticipated. Greece's rating was lowered, banks received secret orders to get rid of Greek assets, reduce the volume of loans and deposits. Greece has run out of money. It has ...

We would like to wish each currency such domestic tranquility as present-day Japanese yen demonstrates. BoJ last meeting protocols are incredibly positive: the political course has been preserved, stimulation continues, private consumption is stable, exports are growing, business climate is getting ...

Hard times are coming. The USA are summarizing disastrous data on employment growth; Europe and China are with hopes for recovery and new Greek debts. The power of the current bull dollar trend raises doubt for the first time in 9 months. At the same time, it is now that ECB needs euro strengthening...

Yen continues to grow against dollar. It can be explained by a number of factors - weakening of dollar, fall of oil prices, ending of the financial year, finally, by tradition. However, externally, the situation with yen does not dispose to that. Regarding dollar, it is clear that the terms of raisi...

The main event of the previous week: FRS predictably retained its interest rate and removed the term "patience" from its protocols trying to clarify the situation regarding increase periods and ... US dollar fell dramatically. Most traders and analysts were hardly "surprised" so much regarding the r...

This week, FOMC meeting will monopolize general attention, although American rates are becoming less interesting for the market. Last week, all the key persons made their public statements: Fischer, Bullard, Lagarde, Mester - all of them have nurtured prices before the event. It is clear that rate ...

Today, the policy of ECB, as a financial regulator, is connected to inflation values. It seems that everyone knew about it before Draghi's speech; however, judging by the market response, it was nearly for the first time that everyone understood the real «horror» of this condition. The sensation tha...

Last week was quite volatile, and now the market needs a break for rebuilding of the leading trends. Europe is expecting not only QE parameter details but also the decision from ECB meeting on the reversion of rights to Greek banks for pledging of bonds against centralized loans. Again, we can see a...

Regulators' favorite policy - supporting demand through loans continues the process of active ruination of economy. The growth of debt load, overdue debts, the lengthy decline, expensive dollar in the midst of cheap resources and, as a result, a new period of easing and printing new money that has b...

Last week, quarterly inflation report pushed GBP/USD above key levels, but again, the regular logic is not applicable to the royal pair. Judging by the Governor of the Bank of England's comments, pound will go its own way, and is not going to decrease its rate along with everybody else. Contrary to ...