EUR/USD

In this week’s edition, we discuss the EUR/USD, AUD/USD and USD/CAD forecast and look forward to the macro events in the week ahead.

Investors’ focus now turns back to US data as speculation over whether the Fed will hike in June continues. Watch out for fresh EUR/USD analysis from the team as the data could shift Fed bets again.

EUR/USD falls ahead of Eurozone inflation data. Oil rises as hawkish Fed bets ease, the House pass the debt ceiling bill & China data beats.

Weak China PMI data has weighed on sentiment ahead of today's European open, helping to support gold ahead of the vote on the debt-ceiling bill in the House of Republicans.

EUR/USD's bullish move off support suggests we may finally be breaking out of May's big falling wedge pattern...

EUR/USD is considering a break of 1.0700, and a potential bearish pattern suggests a target around 1.0600. But the longer 1.0700 holds as support, the greater the odds of a rebound.

The commitment of traders (COT) report shows how large speculators are positioned across futures markets on the CME exchange.

EUR/USD falls as Germany enters a recession. Oil steadies around 3-week high.

EUR/USD is nearing a key level of previous-resistance-turned-support at 1.0800, where bulls may try to stem the bleeding later this week.

With hawkish Fed members alongside weak data from Germany ahead of today's inflation report, we're looking at a potential swing trade short on EUR/USD.

Signs of disinflation and a weaker economy will likely emerge later in the year, weighing on the longer-term EUR/USD outlook.

GBP/USD falls after labour market data. EUR/USD rises cautiously ahead of GDP, German ZEW economic sentiment data.

The Turkish lira sank to a fresh record low against the US dollar as President Erdogan remained in the lead, although has yet to enjoy an outright majority.

The Cleveland Fed’s widely-watched Inflation Nowcast suggests potential upside risk to the release...

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 rises post Fed and ahead of the ECB rate decision. DAX falls ahead of ECB, PMIs and a big day for corporate earnings.

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.