Forex news febuary 2015
Here are some significant Forex news events that occurred in February 2015:
February 2, 2015
- The US Federal Reserve (Fed) releases its January meeting minutes, which suggest that the central bank is likely to raise interest rates in the second half of 2015.
- The US dollar strengthens against major currencies, with the EUR/USD falling to 1.1340 and the USD/JPY rising to 119.50.
February 5, 2015
- The European Central Bank (ECB) announces a package of measures to stimulate the eurozone economy, including a cut in interest rates and a promise to buy asset-backed securities.
- The EUR/USD falls to 1.1260, while the USD/JPY rises to 120.20.
February 10, 2015
- The US Labor Department reports that the US economy added 257,000 jobs in January, beating expectations.
- The US dollar strengthens against major currencies, with the EUR/USD falling to 1.1180 and the USD/JPY rising to 121.20.
February 12, 2015
- The Bank of Japan (BoJ) announces that it will increase its monetary easing measures, including a cut in interest rates and a promise to buy more government bonds.
- The USD/JPY falls to 119.50, while the EUR/JPY rises to 144.20.
February 17, 2015
- The US Federal Reserve releases its January inflation report, which shows that inflation remains below the central bank's 2% target.
- The US dollar weakens against major currencies, with the EUR/USD rising to 1.1350 and the USD/JPY falling to 119.20.
February 20, 2015
- The European Commission reports that the eurozone economy contracted by 0.3% in the fourth quarter of 2014, worse than expected.
- The EUR/USD falls to 1.1280, while the USD/JPY rises to 120.20.
February 26, 2015
- The US Federal Reserve releases its February inflation report, which shows that inflation remains low.
- The US dollar weakens against major currencies, with the EUR/USD rising to 1.1400 and the USD/JPY falling to 119.50.
These are just some of the significant Forex news events that occurred in February 2015. The events mentioned above had a significant impact on currency markets, with the US dollar strengthening against major currencies in the early part of the month and then weakening later on.