EUR/USD has declined to approximately 1.1325 on Thursday. US PCE inflation increased at a rate below expectations in August, leading to a decrease in the anticipation of a Federal Reserve rate hike this month. ECB’s Lagarde emphasised that the central bank ought to implement a “measured response” in light of the absence of evidence indicating … Read more
The EUR/USD pair has experienced a decline, approaching the 1.1380 level during on Monday. Hawkish remarks from the Federal Reserve have bolstered expectations for additional tightening measures. Markets are currently assigning approximately a 45% probability to an additional 25 basis points rate hike by the ECB in October. The EUR/USD pair declines to approximately 1.1380 … Read more
The EUR/USD pair has softened to approximately 1.1375 during the early Asian session on Friday. Market participants are assigning approximately a 67.5% probability to the Federal Reserve implementing another rate hike during its upcoming meeting in October. Iran’s President stated that the US ‘must choose’ whether to bring an end to the conflict. The EUR/USD … Read more
EUR/USD softens to approximately 1.1445 during the early Asian session on Wednesday. Fed’s Collins delivered hawkish remarks, indicating her support for a rate hike. Merz’s party experienced a significant defeat in a regional election, impacting sentiment within the Eurozone. The EUR/USD pair declines to approximately 1.1445 in the early Asian trading hours on Wednesday. The … Read more
EUR/USD registers slight increases near 1.1470 during the early hours of Tuesday’s Asian session. Political risks in Germany have escalated after the results of two more unsatisfactory state elections. Fed’s Musalem indicated that additional rate hikes are probably necessary to address inflationary pressures. The EUR/USD pair is experiencing slight increases, hovering around 1.1470 in the … Read more
The EUR/USD pair advances to approximately 1.1485 during the early hours on Monday. The Fed’s recent rate hike could support the US Dollar and limit the pair’s potential for appreciation. ECB’s Vujcic stated that energy is influencing rate expectations; however, the central bank will consider a wider array of indicators. The EUR/USD pair exhibits slight … Read more
EUR/USD is showing resilience, approaching the 1.1490 mark during the early hours of the Asian session on Friday. The negative tone of the pair persists below the 100-day SMA, accompanied by bearish RSI momentum. The initial support level is identified at 1.1475, while the first upside barrier is positioned at 1.1550. The EUR/USD pair is … Read more
EUR/USD declines to approximately 1.1460 during the early Asian session on Thursday. The Federal Reserve has elevated interest rates and indicated the likelihood of additional hikes in borrowing costs in the near future. The ECB has underscored its commitment to a data-dependent strategy, refraining from any pre-commitment regarding future actions on interest rates. The EUR/USD … Read more
The EUR/USD pair has experienced a decline, trading at approximately 1.1585 during the early hours of the Asian session on Monday. Traders are intensifying their expectations that the Federal Reserve will raise its benchmark interest rate by a quarter percentage point on Wednesday. The ECB’s hawkish stance has led to heightened expectations regarding additional rate … Read more
EUR/USD remains stable around 1.1635 during the early Asian session on Thursday. The European Central Bank is anticipated to raise interest rates during its policy meeting scheduled for September on Thursday. The US August PPI inflation data is set to be the focal point later on Thursday. The EUR/USD pair remains stable at approximately 1.1635 … Read more
