Tag Archives: eur/usd

While investors’ attention shifts to looming Fed policy decision, the EUR/USD pair is performing sideways over 1.0600. At the time of writing, the price of the pair is 1.0613. The ECB’s 50 bps increase in interest rates has reduced the gap between its own and the Fed’s policy stances. Following …

The European Central Bank (ECB) announced on Thursday that it raised its key rates by 50 basis points (bps) following the March policy meeting, as expected.  With this decision, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility …

Consumer prices in the United States are expected to rise at a solid pace in February, despite high rental housing costs, but economists are divided on whether the data will be enough to convince the Federal Reserve to raise interest rates again next week, following the failure of two regional …

The EUR/USD pair is running higher into potential resistance. All eyes are now focusing on the Federal Reserve, European Central Bank, and Tuesday´s US Consumer Price Index, CPI. The pair up by over 0.9% in midday trade on Wall Street aided by a weaker US dollar and ahead of the …

The Euro gains from a weaker dollar following the NFP and high inflation figures in Germany. The EUR/USD pair concluded the week with modest gains after reaching a two-week high at 1.0700. As the Silicon Valley Bank in the US declared bankruptcy, the market’s mood turned negative due to the …

Bears on the EUR/USD pair are keeping an eye on price action and searching for opposite structures to align with. The 1.0470s area is being watched, but a break above the 78.6% may discourage bears from getting too engaged.Ahead of the crucial US Nonfarm Payrolls on Friday, the EUR/USD pair …

The EUR/USD pair is advancing on Thursday, it is also regaining some buying interest to the 1.0580/85 band following two daily drops in a row.The continuation of the downtrend seems favoured for the time being. Against that, the pair could dispute the 2023 low at 1.0481 (January 6) once the …

Fed’s Powell has indicated that the central bank is Ready to increase pace of rate hikes if incoming data suggests faster tightening is required. Markets see hawkish bias in Powell’s remarks, US Dollar soars.EUR/USD tumbles more than 50 pips. The EUR/USD lost more than 50 pips after the release of …

The next meeting by ECB’s policymakers will take place on March 16. Experts do anticipate that the central bank’s deposit rate will peak at 4% following increases of 50 basis points in both March and May and 25 basis points in both June and July.analysts have revised their predictions for …

The EUR/USD pair is trading at 1.0596 at the time of writing. It is noteworthy that the pair has come under weighty pressure and now is breaching 1.0600. Extra losses look likely while below the 55-day SMA at 1.0713. the pair quickly faded the Wednesday’s uptick and returns to the …