EUR/USD inches lower with expectations of the ECB maintaining current interest rates at Thursday’s meeting. Fed Governor Christopher Waller stated that the US central bank is ‘getting closer’ to a rate cut. Firm Fed rate-cut prospects have weighed on the US Dollar. EUR/USD depreciates in Thursday’s European session after rallying to a fresh four-month high […]
EUR/USD climbed into a five-week peak amid broad-market Greenback selling. US PPI inflation rose faster than expected in June, but investors pin hopes on rate cuts. ECB rate cut looms ahead next week, US Retail Sales due next Tuesday. Broad-market hopes for an accelerated pace of rate cuts from the US Federal Reserve (Fed) reached […]
EUR/USD exhibits strength as growing speculation for Fed rate cuts in September weighs on the US Dollar. US labor market conditions appear to have lost momentum. Unexpected progress by the left-wing in French elections has increased uncertainty over the economy’s fiscal outlook. EUR/USD stabilizes above the round-level support of 1.0800 in Monday’s American session. The major […]
EUR/USD churns near 1.0720 as market flows buckle down for the wait to key data. Wednesday has a limited data docket on the offer. Investors look ahead to Friday’s packed data docket. EUR/USD traded within familiar levels on Wednesday, keeping the Fiber trapped in near-term consolidation just north of 1.0700 as Euro traders hunker down […]
The US Dollar recouped part of the ground lost following Monday’s negative session along with a decent bounce in US yields, while expectations for a Fed rate cut in September and December remained in place among investors. Source link
With dovish signals from the European Central Bank’s (ECB) major European counterparts (the Bank of England and Swiss National Bank) and investors’ nerves still quite jittery on EU fiscal and political developments, the Euro is understandably under some pressure in the latter half of this week, Francesco Pesole, FX Strategist at ING argues. EU activity indicators […]
EUR/USD continues to recover from a near-term low around 1.0667. Euro sees mid-tier data docket until Friday’s PMI prints. US markets heading into a midweek holiday, market flows to be throttled. EUR/USD is drifting slowly higher in tepid market conditions heading into a quiet Wednesday that sees low-impact EU data and darkened US markets for […]
EUR/GBP is climbing on Friday after a dip to the 0.8400 handle. ECB soothing talking points are helping to recover sentiment, but only slightly. BoE rate call looms ahead next week, but rate moves not expected yet. EUR/GBP dipped to a fresh 22-month low on Friday, tapping 0.8400 before finding a thin recovery that still […]
European Central Bank (ECB) President Christine Lagarde noted that interest rates aren’t hard-locked to a steady path of declines, warning markets that expectations of time-dependent rate cuts isn’t helpful to the ECB’s goals. Key highlights Interest rates are not necessarily on a linear-declining path, there might be periods when we hold. It is possible ECB […]
The European Central Bank is set to cut interest rates by 25 bps on Thursday. ECB President Christine Lagarde could stick to a data-dependent stance on future rate outlook. The Euro’s fate hinges on the ECB’s updated forecasts and Lagarde’s speech. The European Central Bank (ECB) is set to announce its first interest rate cut […]
Share: European Central Bank (ECB) President Christine Lagarde stated on Friday that critical inflation expectations remain anchored at 2%. She emphasized the importance of these expectations and expressed confidence that inflation numbers would look different by the end of the current year. During an interview with Bloomberg TV, Lagarde mentioned that they would […]
Share: EUR/GBP retreats from intraday high after rising in the last four consecutive days. German Industrial Production growth contracts more than expected in June. Fears of downbeat UK employment conditions, economic fears about Britain check pair bears. UK Q2 GDP, second-tier data from Eurozone/Germany may entertain traders. EUR/GBP takes a U-turn from the […]
