ECB’s Mersch: There is no viable alternative to euro cash

ECB’s Yves Mersch speaks at the Bundesbank’s Cash Symposium, touches on cryptocurrenciesHe adds that «if there is a public demand for digital central bank money, this should only be a technical variant of cash».I think we all get the message, Yves. Yesterday, we also had ECB president Draghi’s thoughts on the matter as well here.—Long […]

More from the order boards 14 Feb

Here’s the latest on other key pairs 14 Feb 2018Note: Offers = Sellers at these levels. Bids = Buyers at these levels. These orders, and the others I post, are generally good until filled/ level breached. More guidance on how to trade from the info here  USDCHF: 0.9342 seemingly 0.9300-0.9400 for the moment. SNB sniffing again downstairs? Can never rule […]

Eurozone Q4 GDP SA qq provisional 0.6 % vs 0.6% exp

Eurozone Q4 GDP SA provisional data now out 14 Feb 0.6% prev yy 2.7% vs 2.7% exp/prev Oh well, we lived in hope I guess but nothing here to rattle the scoreboard. Just file the data away under «back-story»Euro pairs suitably unfazed even with better industrial production data. EURGBP failing at 0.8920 and now 0.8903 […]

EURJPY orders 14 Feb — Buyers return but sellers poised

Currently 132.74  after finding demand below 132.40 Sellers still poised but a few bids around now as USDJPY recovers some poise after its earlier drop to 106.83 EZ GDP and production data out at the top of the hour. Offers:  133.00 133.30 133.50 133.80 134.00  Bids:   132.20 132.00 131.85 131.50 131.00 Long live cryptocurrencies? Five insights from […]