EUR/USD 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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The Euro at Its Lowest Since 2020 (EUR/USD)

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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IG-Canada Review

5 Comments / Brokers Reviews / By John Marley

Dive into the world of IG-Canada, where trading evolves beyond traditional boundaries. This broker revolutionizes the trading experience with its state-of-the-art AI technology, offering real-time insights like never before. At the broker, traders embark on a secure, streamlined journey that far exceeds spread betting and similar guessing games thanks to comprehensive security measures and a …

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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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Currency Update: USD Weakens, EUR and GBP Rally

Leave a Comment / Forex / By Chloe Wilson

Quick Look: USD Index drops to 104.00, weakened by subpar economic indicators, hinting at investor unease. Euro and Pound gain on optimism, breaking key technical levels. WTI crude >$86/bbl, Gold nears $2,300/oz, Silver >$27/oz. Influences market sentiments with varied forecasts for major currencies. The USD Index (DXY), a barometer for the U.S. dollar’s strength against …

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Wibest – the aud: Austalian dollar bills.

AUD Market Analysis: Key Trends & Numbers

Leave a Comment / Forex / By Chloe Wilson

Quick Look: AUD/USD is close to crucial support, hinting at possible further declines or a bullish reversal. EUR/USD approaches a support zone, with its future direction depending on its resilience. GBP/USD’s fluctuations around its SMA indicate uncertainty in its next movement direction. EUR/AUD maintains a neutral to cautiously bullish outlook, influenced by iron ore prices …

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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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EUR/USD - Euro and the united states dollar

EUR/USD Surges to 1.0900 After Fed Holds Rates

Leave a Comment / Forex / By Chloe Wilson

Quick Look EUR/USD surged past 1.0900 following the Federal Reserve’s decision to maintain interest rates at 5.5%. Investors interpreted the move as dovish, with expectations leaning towards further easing in 2024. Fed Chair Powell cited easing inflation but highlighted ongoing concerns with the tight labour market. The financial markets experienced a significant shift as the …

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The Greenback: A pile of Canadian dollar bills.

Canadian Dollar Edges Up to 1.3545; WTI Crude Drops to $82.10

Leave a Comment / Forex / By Chloe Wilson

Quick Look: US Dollar to Canadian Dollar sees a slight increase, closing at 1.3545 with current consolidation around 1.3540. WTI Crude Oil experiences a decline from $84.48 to the latest price of $82.10 per barrel. Anticipation builds around major policy meetings, including the Federal Open Market Committee and the Bank of Japan. The trading session involving …

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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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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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With the cryptocurrency market's rise, Saxo's crypto offerings have increased in demand.

USD Hits 104, NASDAQ Peaks, GBP Gains 0.6%

Leave a Comment / Forex / By Chloe Wilson

Quick Look The US Dollar Index hovers around 104.00 amidst key financial events. Notable currency movements include USD/JPY, reaching 150.50, and GBP/USD, gaining 0.6% last week. NASDAQ 100, S&P 500, and Dow Jones 30 hit new all-time highs, reflecting bullish stock market sentiment. Canadian CPI shows a decrease, while US inflation data presents a slight …

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US Dollar Dips Below 104, PMIs & Fed’s View in Focus

Leave a Comment / Forex / By Chloe Wilson

Quick Look The US Dollar dips below 104.00 as risk sentiment improves, influenced by optimistic market events. Upcoming PMIs across major economies set to impact market dynamics. Federal Reserve’s January meeting minutes caution against premature policy easing. Currency movements see EUR/USD and GBP/USD gains, with notable shifts in commodity currencies. Market eyes on Nvidia’s earnings …

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EUR/USD

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

IG-Canada Review

Volatile Path of Euro: Key Levels and Economic Data

Currency Update: USD Weakens, EUR and GBP Rally

AUD Market Analysis: Key Trends & Numbers

EUR/USD Struggles Below 1.08 Amid Bearish Signs

EUR/USD Dips And DXY at 104.30: Currency Shifts

EUR/USD Surges to 1.0900 After Fed Holds Rates

Canadian Dollar Edges Up to 1.3545; WTI Crude Drops to $82.10

EUR/USD Dips to 1.0872 Amid Economic Shifts

Sideways USD/CHF Near 0.8800 Amid Rate Hesitancy

USD Hits 104, NASDAQ Peaks, GBP Gains 0.6%

US Dollar Dips Below 104, PMIs & Fed’s View in Focus

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