Tag Archives: eur/usd

Risk-linked assets regained some momentum amid a mild corrective decline in the US Dollar and rising speculation of a Fed rate cut later in 2024. In the meantime, the ECB left rates unchanged as expected and opened the door to a rate cut in June.Economic DataBased on annualized data released …

The US dollar was under pressure throughout the week’s bearish start, but the risk complex was able to gather itself and US rates moved marginally higher across the curve. Ahead of the crucial US CPI, FOMC Minutes, and ECB event, traders continued to evaluate the most recent payroll prints. Amidst …

Amidst a prevailing appetite for riskier assets, the US dollar witnessed another weak day on Thursday. This was before the announcement of important non-farm payrolls on Friday. The ECB Accounts opened the door to rate reduction in June, while Fed speakers maintained its cautious approach. The USD Index fell to …

On Wednesday, the US dollar declines across the board versus rivals, while the euro rises. The US ISM Services PMI’s unexpected dip has allayed worries that the Fed may become more hawkish. The Eurozone CPI earlier on Wednesday showed less forceful price pressures in March than anticipated. During the US …

As European investors got back to work after the long Easter break, the US dollar declined from its recent highs, providing some much-needed relief in the risk-linked world. The USD Index (DXY) dropped to 104.70 from recent heights over 105.00 as a result of fresh selling pressure on the US …

After declining in response to hawkish sentiment surrounding the US Fed, the EUR/USD pair is making an attempt to rebound and is currently trading at 1.0789. Stronger inflation data may cause Fed’s Waller support the postponement of the interest rate cuts.ECB’s François Villeroy de Galhau stated that the bank can …

Due to hawkish comments made by Fed member Waller, which implied that the US central bank would maintain rates at their present, restrictive levels for an extended period of time, the US dollar strengthened on Thursday. Bond rates for the near term rose, and the stock markets continued their upward …

The EUR/USD pair found support despite the dovish move by the ECB and conflicting signals from Fed officials. ECB officials give a dovish tone to the policy outlook during wage inflation talks, hinting at a possible rate decrease in June. The US GDP and core PCE inflation numbers are anticipated …

The USD Index (DXY) declined from recent highs during the week’s bearish opening, although it continued to trade over the 104.00 mark. The Conference Board’s tracking of US Consumer Confidence, together with the FHFA’s House Price Index and Durable Goods Orders, will be the main topics of interest on March …

The crucial 200-day moving average is quickly approaching for the EUR/USD pair, indicating a wave of cautious optimism in the currency markets. ECB optimism about inflation and future rate decreases contrasts with mixed views from the Fed and worse US housing data.Updates to the economic outlook are anticipated from the …