EUR/GBP
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EU consumer confidence readings collapse to record lows; EUR/GBP
The increased inflation and fears of low supply of natural gas, combined with risk of a recession, are causing consumer sentiment in the Eurozone to fall to record lows.
Two trades to watch: EUR/GBP, Nasdaq
EUR/GBP rises as UK CPI hits 9.4%. Nasdaq extends gains with earnings in focus.
European Open: New high for USD/JPY, EUR/GBP rolls over
Fears of a recession in Europe weighed heavily on the euro last week, which saw the most bearish week for EUR/GBP since the pandemic.
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Two trades to watch: EUR/GBP, S&P500
EUR/GBP rises ahead of BoE rate decision. S&P500 tests 2022 low post-Fed.
European Open: GBP on the ropes, second Scottish Referendum resurfaces
High inflation, weak growth and unfavourable yield differentials have continued to weigh on the British pound. And talk of another referendum have not helped.
Two trades to watch: EUR/GBP, S&P500
EUR/GBP rises on ECB day! S&P500 awaits jobless claims and tomorrow's inflation data.
Two trades to watch: EUR/GBP, Oil
EUR/GBP looks to eurozone GDP data ahead of tomorrow's ECB announcement. Oil rises in a tight market ahead of EIA data.
European Open: EU bans Russian oil, EUR/GBP perks up ahead of CPI
Oil continued higher overnight has EU members agreed on an embargo of Russian oil. Euro pairs are moving higher ahead of today’s CPI report.
Two trades to watch: EUR/GBP, Nasdaq
EUR/GBP awaits Rishi Sunak’s announcement. Nasdaq looks to US GDP and jobless claims data.
Lagarde comments, poor UK PMIs give EUR/GBP a lift
Hawkish comments from ECB President Christine Lagarde and weaker PMI data from the UK have helped push EUR/GBP back towards recent highs.
ECB members turning more hawkish. But do markets believe them?
The ECB is providing more hawkish comments while the BOE is less sanguine due to slow expected growth.
Two trades to watch: EUR/GBP, Oil
EUR/GBP rises ahead of data deluge. Oil rises as supply concerns overshadow demand worries.
The Pound takes it on the chin
Last weeks poor economic data caused the wheels to fall off the Pound.
Two trades to watch: EUR/GBP, Gold
EUR/GBP edges higher ahead of Eurozone inflation data. Gold looks to US non-farm payrolls.
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10:22 AM − 05 Aug 2022
Hawkish ECB and dovish BOE send EUR/GBP higher
ECB’s Holzmann wants to raise key interest rates to 0% by yearend.
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European Open: Peace talks weigh on safe-haven demand
Peace talks between Russia and Ukraine are set to take place in Turkey this week and will be hosted by Turkish PM Erdogan following a phone call from Putin over the weekend.
European Open: German IFO expected to slump, EUR/GBP in focus
If the latest ZEW report was anything to go by, this month’s IFO report on German sentiment could be in for a rough ride.
Two trades to watch: EUR/GBP, Gold
EUR/GBP falls after inflation hits 6.2%, Spring statement next. Gold looks to Fed Chair Powell.
Two trades to watch: EUR/GBP, USD/JPY
GBP/EUR falls ahead of BoE rate decision. USD/JPY rises post-Fed, ahead of BoJ.
BoE preview: Another rate hike expected, emphasis on flexibility
The BoE is widely expected to hike interest rates for a third straight meeting as 30 year inflation is set to rise further. Uncertainty in the outlook and concerns over growth could see policy makers adopt a more flexible approach going forwrds.
European Open: EUR/GBP in focus ahead of ZEW and UK wage data
The euro heads into today’s session on the front foot after a strong close yesterday. Although it remains sensitive to Ukraine-related headlines and ZEW data at 10:00 GMT.