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News forex

Yellen to quit. Won’t stay on as governor

Yellen will quit when Powell is sworn in Yellen announces she will leave the Fed board when her successor is sworn in. She had the option to continue as a Fed governor until 2024. In her announcement, she said she is ‘gratified’ by the economy’s progress since she was sworn in and promised a smooth […]

ECB said to plan small, incremental approach to guidance in 2018

ECB likely to take small steps The ECB will make multiple small adjustments to policy news year, rather than any single big shifts, according to ‘Eurozone officials familiar with the thinking of policy makers’ cited by Bloomberg. The gradual changes in communication and purchases will be similar to the gradualism Draghi has been preaching. The […]

BOE dove Ramsden coming up next

David Ramsden speaks at King’s College in London Ramsden, along with Jon Cunliffe were the two MPC members who voted to hold rates unchanged earlier this month. Ramsden speaks at 1830 GMT (1:30 pm ET). It’s highly likely Ramsden will be dovish again today, he’s probably the most-dovish MPC member. He has said he still […]

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