Ifo Warns ECB on Bond Buying

The European Central Bank should end its bond-buying programme if Germany’s stronger-than-expected inflation reading for December is reflected across the euro zone, the head of Germany’s Ifo economic institute said.

German consumer prices, harmonised to compare with other European countries (HICP), rose by 1.7 percent on the year in December after an increase of 0.7 percent in November, the Federal Statistics Office said on Tuesday.


Dollar Finds its Mojo

USD/JPY – Surging Dollar Punches Above 118 Yen

UK Manufacturing PMI Jumps to Two and a Half Year High

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.