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, 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
EUR/USD appreciates to approximately 1.1630 during the early Asian session on Wednesday. The ECB is poised to increase its benchmark interest rates by 25 basis points during its upcoming policy meeting on Thursday. The key US inflation reports will attract significant attention later this week. The EUR/USD pair is experiencing upward momentum, approaching 1.1630 in … Read more
EUR/USD is experiencing modest increases, hovering around 1.1615 during the early hours of the Asian session on Monday. In August, the US Non-Farm Payrolls increased by 162,000, with the Unemployment Rate remaining unchanged at 4.1%. The ECB is anticipated to implement a second rate increase in September. The EUR/USD pair exhibits slight increases around 1.1615 … Read more
The EUR/USD currency pair remains stable around the 1.1625 mark during the early hours of the Asian session on Friday. Waller from the Federal Reserve indicated his intention to endorse maintaining the current interest rates during the upcoming September meeting. The ECB is anticipated to implement a second rate increase in September, according to the … Read more
The EUR/USD pair experiences an upward movement, propelled by the hawkish stance of the European Central Bank, which has led to gains in the euro. Market participants are increasingly factoring in a potential deposit rate hike to 2.50% in September. ECB official Schnabel cautions that the conflict in the Middle East, coupled with economic resilience, … Read more
EUR/USD records slight increases around 1.1655 during the early hours of Thursday’s Asian session. Money markets are preparing for a more aggressive stance from the ECB. Fed Chairman Kevin Warsh’s speech at the Jackson Hole symposium will be the focal point on Friday. The EUR/USD pair advances to approximately 1.1655 in the early hours of … Read more
The Euro appreciates as increasing oil prices, elevated bond yields, and tensions in the Middle East bolster expectations for a rate hike by the ECB in September. The US Dollar continues to face downward pressure following the Treasury’s announcement of a plan to double its long-term bond buybacks. Markets are poised for the release of … Read more
The EUR/USD pair experiences an uptick as the US Dollar weakens in response to the announced buyback plans for US Treasury bonds. Escalating geopolitical tensions between the US and Iran may bolster demand for safe-haven assets, thereby constraining additional losses for the US Dollar. Above-target Eurozone inflation bolsters expectations for additional ECB rate hikes, supporting … Read more
