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Euro Analysis: EUR/USD Bounces Back to Near Flat on the Week
EUR/USD is ticking higher as the US dollar edges lower on progress toward peace in the Middle East...
Euro Analysis: EUR/USD’s Early Week Rally Stalls, Bears Still in Control
EUR/USD’s early week rally is reversing, keeping the downward bias intact within a bearish channel...
EUR/USD: Dollar bolstered by safe haven status, energy riches and economic momentum
EUR/USD must be one of the most well-behaved FX pairs in the world right now, sitting comfortably in a long-running downtrend, refusing to stray too far from the current trajectory no matter what the world is throwing at it.
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EUR/USD: Corrective rebound put to the test by packed events calendar
The durability of the EUR/USD rebound will be put to the test over the next 48 hours as traders face a raft of events that could make-or-break the medium-term outlook for US bond yields and the USD.
EUR/USD: Inflation data creates make-or-break moment for common currency
EUR/USD faces a stern test in the days ahead, battling divergent fundamentals, increasing risk aversion and a technical backdrop that’s as bearish as any in the G10 FX universe right now.
EUR/USD headed for 105? WTI crude oil hits YTD high: Asian Open
The ECB delivered a relatively dovish hike whilst US data once again outperformed. And that was the perfect catalyst to send EUR/USD to a 4-low (and speculative positioning suggests there may be further downside to come). WTI crude oil rose above $90, and it appears to have more fuel in the tank to perhaps head for the October high.
EUR/USD implied volatility blows out ahead of ECB, US data: European open
With an ECB interest rate decision and three US data points sandwiched in between, we could be in for an interest hour's trade on EUR/USD. And that likely explains why the 1-day implied volatility band is more than twice its 20-day average.
US CPI, ECB and a slew of China data: The Week Ahead – 08/09/2023
The combination of a key US inflation report and finely-balanced ECB interest decision should keep EUR/USD on trader’s radars. Although we also have plenty of data out from China which could sway sentiment for risk assets, including CPI/PPI, loan growth, investment, retail sales and employment.
EUR/USD: when the US dollar and yields rise in tandem, trouble often follows
The breakdown of EUR/USD does not bode well for investor risk appetite moving forward.
Euro to US dollar analysis: EUR/USD in focus with FOMC, ECB rate decisions looming
First up, the Fed will take centre stage later today, when it will most likely – almost certainly – deliver what everyone expects, a 25-basis point rate hike. The dollar’s reaction will depend entirely on the FOMC’s hints about the next meeting in September. Meanwhile, the ECB is also facing a dilemma of whether to pre-commit to another hike in September.
DAX, EUR/USD outlook: Lagarde likely to opt for "higher for longer" narrative
The EUR/USD outlook hinges on the two major central bank decisions in as many days. First up, the Fed must decide whether to signal a pause for September after a likely 25 basis point rate hike on Wednesday, a signal that could have a major impact on the direction of the dollar. Once we know that, then all eyes will be on the ECB on Thursday. The latter could revert back to data-dependency, something which the markets have been pricing in with the EUR/USD falling over the past week and a half.
The Week Ahead: US Inflation, FOMC, ECB and BOJ meetings in focus
Three mighty central banks release their monetary policy decisions next week, starting with the FOMC meeting on Wednesday. But Tuesday’s inflation report could also carry some clout as it has the potential to move the needle between an anticipated pause to an undesired hike if it surprises too much to the upside.
EUR/USD, DAX analysis: Hawkish ECB vs. dovish Fed
EUR/USD and DAX traders are digesting the differing monetary policy assessments from the Fed and ECB this weekend.
EUR/USD Outlook Brightened by Hawkish Lagarde
The ECB could hike rates two more times in coming months, while the Fed is seen cutting rates later in the year. This should keep the EUR/USD outlook positive.
EUR/USD outlook, DAX outlook: Two trades to watch
EUR/USD rises post Fed and ahead of the ECB rate decision. DAX falls ahead of ECB, PMIs and a big day for corporate earnings.
EUR/USD outlook: ECB could deliver hawkish surprise - preview
The EUR/USD outlook is clearly going to change this week with both the Fed and ECB rate decisions to come ahead of US non-farm payrolls report on Friday. The stickiness of Eurozone inflation means there is a greater risk for a hawkish surprise.
ECB had to hike by 50 bps but euro slips
ECB provided no forward guidance and/or commitment to future hikes...
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European Open: SNB come to the rescue of Credit Suisse, ECB up next
The SNB (Swiss National Bank) has swept in to provide much needed liquidity to Credit Suisse, which should soothe some concerns over risk to the financial system.
EUR/USD: Rally potential after hot Spanish and French CPI readings
The ECB had already planned a half-point rate move in March, and these stronger readings are likely to bolster officials who say that more big moves are needed beyond that to get inflation under control.
ECB hikes 50bps, as expected. Another 50bps hike to come in March
During the press conference, Christine Lagarde seemed to be talking out of both sides of her mouth.
European Open: EUR/GBP probes YTD high ahead of BOE and ECB meetings
With the Fed having delivered their 25bp yesterday, it is now over to the BOE ECB today, who are expected to hike by 100bp between them.
Hawkish ECB causes EUR/AUD to breakout
With a double bottom target and a flag target above, EUR/AUD still has some work to do.
US Data Dump dominates central banks
With Thursday’s poor economic data and the Fed still hiking rates (albeit at a slower pace), a recession may be in the cards for the US!