EUR trading Archives

Euro Wavers: ECB Rate Signals and Mixed Global Indicators

Leave a Comment / Forex / By Chloe Wilson

Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets. In a week filled with pivotal economic updates, the euro experienced significant fluctuations, influenced by European …

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Данные по США стимулируют спекуляции о снижении ставки на 50 б.п.

EUR/USD Eyes 1.0665 Amid Mixed Central Bank Signals

Leave a Comment / Forex / By Chloe Wilson

Quick Look: EUR/USD shows potential for a minor rebound, facing mixed market sentiments. Key support at 1.0600-1.0605, with resistance near 1.0710. Hawkish Fed vs ECB rate cut rumours fuel volatility. Upcoming economic events include UK inflation data and the ECB President’s speech. NZD strength on inflation report, GBP volatility ahead of UK data. The Euro …

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EUR/USD - Ahead Of The US CPI Release, The Dollar Rises On High Yields

March CPI Rises 3.5% YOY, Strengthening USD

Leave a Comment / Forex / By Chloe Wilson

Quick Look: US CPI rose by 0.4% month-over-month, with an annual increase of 3.5%. March’s Producer Price Index grew by 0.2% month-over-month and up by 2.1% yearly. ECB Holds rates, key rates unchanged; potential rate cut signalled by June. US retail sales are expected to rise by 0.3% month-over-month next Monday. The Consumer Price Index …

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Volatile Path of Euro: Key Levels and Economic Data

Leave a Comment / Forex / By Chloe Wilson

Quick Look: Euro faces resistance at 1.0880, with the 100 SMA at 1.0870 providing an additional barrier. Support levels were identified at 1.0820 and 1.0785, correlating with the 61.8% Fibonacci retracement. US CPI report and ECB’s interest rate decision this week are key for future direction. Euro shows resilience, bouncing off the 50-day SMA, but …

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EUR/USD Struggles Below 1.08 Amid Bearish Signs

Leave a Comment / Forex / By Chloe Wilson

Quick Look: EUR/USD stays below 1.0800 as the pair trimmed its daily gains, remaining under the significant psychological level. Bearish indicators signal caution as the 14-day RSI and MACD divergence hint at potential downward pressure. Investors await the US ISM Manufacturing PMI and German CPI for further insights. In Monday’s trading session, the EUR/USD pair maintained …

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EUR/USD Dips And DXY at 104.30: Currency Shifts

Leave a Comment / Forex / By Chloe Wilson

Quick Look: EUR/USD rate Dips to 1.0820 during the Asian session. The US Dollar Index (DXY) hovers around 104.30, adjusting from March’s highs. US GDP annualized Q4 2023 is expected to maintain a 3.2% increase. As the global financial landscape evolves, currency exchange rates and economic indexes are pivotal indicators for investors and policymakers. In particular, …

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Wibest EUR/USD – Euro: Close up shot of US dollar bills.

EUR/USD Dips to 1.0872 Amid Economic Shifts

Leave a Comment / Forex / By Chloe Wilson

Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed Rate decision and Eurozone inflation could heavily influence future trends. The EUR/USD pair is a critical gauge …

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USD/CHF поднимается до 0,8830 на фоне смешанных данных по PCE в США

Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal

Leave a Comment / Forex / By Chloe Wilson

Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the market. EUR/CHF sees gains, with potential for further rise as long as support at 0.9510 holds. …

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Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY: Inflation Drives to 155.50 Amid Policy Shifts

Leave a Comment / Forex / By Chloe Wilson

Quick Look USD/JPY shows a neutral intraday bias with sideways trading, support at 148.79, and a breakpoint at 150.87. The larger trend projection suggests an upward movement towards 155.50 from a base of 140.25. Japanese inflation rate in January hits 2.2%, indicating potential shifts in BoJ’s monetary policy. Upcoming US Q4 GDP and PCE data …

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Sideways USD/CHF Near 0.8800 Amid Rate Hesitancy

Leave a Comment / Forex / By Chloe Wilson

Quick Look USD/CHF trades sideways near 0.8800, showing slight gains in the early European session. FOMC minutes reveal hesitancy to cut rates hastily, preferring to await more economic data. Swiss National Bank (SNB) President hints at possible rate cuts, contingent on upcoming inflation data. Geopolitical tensions in the Middle East impact safe-haven currencies, including the …

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5% US 2-Year Yield Battle: 2023’s Market Outlook

Leave a Comment / Forex / By Chloe Wilson

Quick Look US 2-year Yield remains static above 5%, with market positioning aggressively net-short. Federal Reserve’s policy is expected to maintain the target range at 5.25% – 5.50% in the near term. A significant reduction in net-short exposure for US 2-Year Notes, hinting at potential yield declines. Technical analysis suggests a challenging environment for the …

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Economic Indicators: Unpacking Fiscal & Market Trends

Leave a Comment / Forex / By Chloe Wilson

Quick Look UK’s Claimant Count Change fell by 14.1K, showcasing a strong labour market. The US Federal Budget Balance worsened to -21.9 billion USD, indicating fiscal stress. UK’s unemployment rate remains low at 3.8%, with the Average Earnings Index rising by 5.8%. US inflation forecasts suggest mild monthly increases, with a year-over-year CPI expected at …

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Euro Plunges: Central Bank Shifts Spark Market Turmoil

Leave a Comment / Forex / By Chloe Wilson

Quick Look The Euro falls against the USD amid global currency shifts. Central bank policies, including potential ECB rate cuts, shape market dynamics. Economic indicators present mixed signals for the Eurozone and the US. Tuesday’s trading session saw the Euro decline significantly against the US dollar, underscoring the dollar’s dominance in the foreign exchange market. …

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The Euro Dragged Down By Additional Sanctions on Russia

EUR/USD Faces Market Uncertainty Amid Economic Factors

Leave a Comment / Forex / By Chloe Wilson

EUR/USD Intraday Bias Remains Neutral The EUR/USD currency pair is currently navigating a landscape fraught with uncertainty, maintaining a neutral intraday bias. Market analysts are closely monitoring the pair as it grapples with various factors affecting its trajectory. Technical Analysis Highlights Potential Bearish Trend In technical analysis, the EUR/USD pair is signalling bearish momentum. The …

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Euro (EUR) fell before the ECB meeting. What about the dollar?

Euro Holds Strong Under 1.0850 Amid Global Tensions

Leave a Comment / Forex / By Chloe Wilson

In the intricate dance of global currencies, the Euro continues its steadfast performance, currently trading below the 1.0850 mark. Despite facing pressures, the single currency has proven resilient, holding onto the crucial 1.0800 level. As geopolitical tensions rise, particularly with the recent deadly attack near the Jordan-Syria border, the Euro stands as a robust contender, …

Euro Holds Strong Under 1.0850 Amid Global Tensions Read More »

EUR trading

Euro Wavers: ECB Rate Signals and Mixed Global Indicators

EUR/USD Eyes 1.0665 Amid Mixed Central Bank Signals

March CPI Rises 3.5% YOY, Strengthening USD

Volatile Path of Euro: Key Levels and Economic Data

EUR/USD Struggles Below 1.08 Amid Bearish Signs

EUR/USD Dips And DXY at 104.30: Currency Shifts

EUR/USD Dips to 1.0872 Amid Economic Shifts

Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal

USD/JPY: Inflation Drives to 155.50 Amid Policy Shifts

Sideways USD/CHF Near 0.8800 Amid Rate Hesitancy

5% US 2-Year Yield Battle: 2023’s Market Outlook

Economic Indicators: Unpacking Fiscal & Market Trends

Euro Plunges: Central Bank Shifts Spark Market Turmoil

EUR/USD Faces Market Uncertainty Amid Economic Factors

Euro Holds Strong Under 1.0850 Amid Global Tensions

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