Tag Archives: eur/usd

French gas pipeline operator GRTgaz said on Thursday that Germany received its first direct deliveries of gas from France via a pipeline link, under an agreement aimed at helping the two countries deal with current energy supply problems. France is less dependent on Russian imports from Germany because it gets …

Inflation in Germany rose for the month of September of 2022 to record 10%, in line with expectations, to be at its highest levels in its history. The annual inflation in Germany was 7.9% in August of this year. This high inflation rate, the highest rate ever, highlights the impact …

The EUR/USD pair is barely up 0.08% on Tuesday, following BoE’s Baily remarks, which deteriorated the market sentiment. During the European session, the ECB Chief Economist Philip Lane said that the ECB would impact the markets by hiking rates than selling its hefty pile of bonds on Tuesday. Given that …

On Monday, Germany greed to support joint EU debt in order to encounter the continent’s energy crisis. Last Tuesday, European Economic Commissioner Paolo Gentiloni and Internal Market Commissioner Thierry Breton called for joint borrowing to finance the necessary response to the energy crisis in the Eurozone.German Finance Minister Christian Lindner, …

The EUR/USD pair sharply fell with the initial market reaction to US NFP data that rose by 263K in September.The pair is on track to end the week with a little change. The pair has also managed to erase a large portion of its daily losses but lost its recovery …

As risk sentiment is still negative and the US dollar index (DXY) has not displayed any sign of exhaustion in the uptrend, consequently, the downside momentum in the EUR/USD could resume sooner.The EUR/USD is attempting to rebound from below 0.9800, while downside seems to be favored. The Dollar Index, DXY, …

The EUR/USD pair fell as speculation on Fed’s intentions regarding interest rate pace has decreased. The EUR/USD is erasing some of Tuesday’s gains as US T-bond yields are seen rising again, while US Services PMI data, even though slowed, is still at expansionary territory. At the time of writing, the …

The EUR/USD pair extends gains above 0.9900 and the next barrier is at 1.0015. the Euro gains more than 400 pips from last week’s low. On the other hand, the US Dollar retreated across the board on risk appetite and lower US yields.The EUR/USD rose even further during the American …

European Central Bank President Christine Lagarde said on Tuesday it was difficult to say whether or not inflation has peaked in the euro area.“The minimum that we have to do is to stop stimulating demand,” Lagarde added. These comments don’t seem to be having a noticeable impact on the shared …

The EUR/USD pair is tripping down ahead of the end of the week, end of the month and end of Q3. The US Fed officials continued with their “restrictive policy” stance, agreeing that further hikes are coming.US Core PCE surpassed analysts’ expectations, paving the way for another 75 bps rate …