EUR/USD fell nearly six-tenths on Tuesday, finding a slight bounce from the 1.1050 level, as geopolitical tensions and sour economic data unnerved flows regarding risk appetite, serving to bolster the dollar and dragging Fibs to their lowest prices on record in nearly a month. Inflation in Europe as measured by the Harmonized Index of Consumer […]
Key points to watch out for: Will the Fed Decide on a Back-to-Back 50 Basis Point Rate Cut? Although the dollar declined right after the Federal Reserve decided to cut interest rates by 50 basis points, with further reductions expected for the remainder of the year, the currency traded in a consolidated manner last week. […]
The EUR/USD started the week with an upward trend, trading around 1.1170. This rise was driven by the weakening U.S. dollar, due to growing expectations that the Federal Reserve will continue its easing policy in November, with the possibility of another aggressive interest rate cut. On Friday, the U.S. core personal consumption expenditure (PCE) price […]
EUR/USD moved away from the bearish trend and returned to touch recent high levels on Tuesday, making another unsuccessful attempt at 1.1200. The euro has little reason to rise, but the dollar’s weakness is helping to maintain the uptrend. There is little data of interest from both sides of the Atlantic on Wednesday. Euro markets […]
Key points to watch out for: SNB to Continue Cutting Interest Rates Due to Franc Strength The Swiss National Bank (SNB) is the latest major central bank to announce its September policy decision. Like with the Federal Reserve, uncertainty remains about the size of the rate cut. Investors estimate a 60% chance of a 25 […]
The EUR/USD is holding near 1.1150 in the early hours of Monday’s session. The U.S. dollar could lose value on the back of the increased possibility of further interest rate cuts by the Federal Reserve this year, which could underpin the EUR/USD. Last week, the Fed cut interest rates by 50 basis points, bringing them […]
Key points to watch out for: Let the Fed’s Rate Cuts Begin Since the July U.S. jobs report sparked fears of a possible economic recession, investors have been trying to determine the magnitude of the Fed’s potential rate cut at its September meeting. Now, the long-awaited moment has finally arrived. On Wednesday, September 18, the […]
The EUR/USD has started the week on a positive note and has returned to around 1.1090 in the early hours of the Asian session on Monday. Investors are focused on the long-awaited policy decision by the Federal Reserve this week. Markets continue to debate the size of the potential rate cut.. According to CME’s FedWatch […]
The EUR/USD retreated on Tuesday after the latest inflation report in one of the eurozone’s most important economies, Germany, raised the possibility of an interest rate cut by the European Central Bank. The EUR/USD slipped to 1.1021, as the decline in German inflation fuels expectations of a 25 basis point rate cut by the ECB […]
Key points to watch out for: European Central Bank to Cut Rates for a Second Time The European Central Bank’s carefully choreographed cycle of rate cuts got off to an awkward start in June following late-breaking data. Seeking credibility, policymakers had no choice but to proceed with the 25 basis point rate cut, even though […]
