Tag Archives: ECB

The EUR/USD pair has reached a five-week high after Fed Chair Jerome Powell confirmed that policy loosening is likely this year. The pair was on track to close in the green territory for a fourth consecutive trading day and edged higher to the 1.0901 level, as markets prepare for another …

Economists expect the EUR/USD exchange rate to end the year at 1.1000. Limited upside potential is also suggested.Economists see limited upside potential for EUR/USD this year. By the end of the year, economist expect prices to be around 1.1000. The Euro is likely to appreciate slightly over the next few …

Last week, the financial markets were shaped by significant data releases across several major economies, notably the United States and the eurozone. In the eurozone, data published by the European Statistics Office (Eurostat) on Friday indicated that the region’s annual harmonized consumer price index (HICP) rose by 2.6% in February, …

Amid ongoing indications of inflation losing steam on both sides of the Atlantic and consistent wagers that the Fed and the ECB will cut interest rates at some point this summer, the US dollar’s continuing purchasing pressure put additional pressure on the risk-linked assets. Economic Data The personal consumption expenditures …

The eventful week ahead for the economy saw the EUR/USD pair get off to a dismal start. On Monday, it rose more than a quarter of a percent, or 0.30%, to settle at 1.0850. Prior to price inflation and growth data that is expected in the US and the Eurozone, …

The EUR/USD pair drifted into the midrange on Wednesday. The pair is trading at 1.0812, up +0.05%, but is on the soft side as traders wait for the minutes of the latest Fed’s policy meeting. It is unlikely that the Fed will deliver anything new for traders to chew on …

The EUR/GBP stands at 0.8555 in Monday’s session, jumping above the 20-day SMA. Sticky European inflation may push the ECB to a more aggressive stance toward the easing cycle.The week’s highlight will be the British and the EU’s Manufacturing PMIs from February. As long as markets bet on the BoE …

In the pulse of the financial world, the spotlight of the past week fell squarely on key US economic indicators, particularly inflation data, igniting a flurry of activity and recalibration across markets. Inflation Insights Headline US inflation for January came in at 3.1%, a modest improvement that fell slightly short …

The EUR/USD pair has fallen to 1.0759 as US inflation data surpasses expectations, indicating sustained Fed attentiveness. January’s Producer Price Index (PPI) increased 0.3% MoM, exceeding estimates, while the core PPI also beat forecasts, jumping sharply to 0.5% MoM from -0.1% in December. The ECB’s cautious approach to rate cuts …

The euro has gained ground on the US Dollar following a drop in US retail sales and Treasury yields, leading to a decline in US rates and the dollar. The EUR/USD pair trades at 1.0784, with softer Eurozone data indicating a rise in the euro. Retail sales decreased by -0.8%, …