EUR/USD rises above 1.1800, marking its highest level since the beginning of the Iran conflict. The growing expectation of possible peace talks between the US and Iran is boosting risk appetite on Tuesday. Focus shifts to the US PPI data for further insight into the Fed’s stance on monetary policy. The Euro has shown resilience, … Read more
EUR/USD experiences a decline for the fourth straight day on Friday, approaching the 1.1500 level. The diminishing expectations for a rapid resolution to the Iran conflict continue to exert pressure on the Euro. The price action has breached the lower boundary of the upward channel, indicating a potential continuation of the downtrend. The Euro is … Read more
Francesco Pesole emphasizes that the ECB’s careful communication conceals a hawkish pivot, as officials are said to be contemplating an April rate increase should inflation exceed expectations. Current market conditions reflect expectations for earlier tightening and increased probabilities of consecutive rate adjustments. Economists anticipates a heightened upside potential for the Euro, suggesting that EUR/USD could … Read more
EUR/USD experiences a decline, approaching 1.1685 during the early hours of Tuesday’s Asian session. The United States has advised its citizens to leave countries across the Middle East without delay in light of escalating tensions. The ECB may consider increasing rates in response to a surge in oil prices triggered by military activities in the … Read more
EUR/USD declines to approximately 1.1785 during the early Asian session on Thursday. Multiple officials from the Federal Reserve indicated that additional tightening could be necessary should inflation remain persistent. There are indications that Lagarde of the ECB might step down prior to the completion of her term. The EUR/USD pair declines to a near two-week … Read more
EUR/USD experienced a rally exceeding 0.80% on Monday, as the Greenback remained stable in the wake of recent developments indicating that Chinese authorities advised financial institutions to reduce their holdings in US Treasuries, citing significant volatility in the fixed income markets. Currently, the pair is trading at 1.1916, having rebounded from daily lows of 1.1808. … Read more
The Euro experienced an increase of over 0.39% on Monday as the Greenback showed signs of weakness, influenced by a sell-off driven by US geopolitical concerns and speculation regarding a potential coordinated intervention in the foreign exchange markets by the US and Japan. The EUR/USD is currently positioned at 1.1872, following a rebound from daily … Read more
EUR/USD rises for the second consecutive day this week, increasing by more than 0.50% as the Dollar weakens, even in light of robust US economic data released today. The shared currency is supported by an enhancement in risk appetite, attributed to US President Donald Trump easing tariff threats on Europe. Currently, the pair is trading … Read more
EUR/USD experiences a rally for the second consecutive day, achieving gains exceeding 0.69% as the US Dollar is sidelined in light of US President Trump’s threats to impose duties on European nations amid his ambitions regarding Greenland. At the time of writing, economic data in Europe and the US is not the primary focus. The … Read more
EUR/USD moves upward on Monday, increasing by over 0.40% as traders move away from the US Dollar due to a decline in risk appetite. This shift follows Trump’s decision to intensify the US-European Union trade conflict, influenced by the White House’s interests in Greenland. The pair is currently trading at 1.1642, having recovered from daily … Read more