EUR/USD rallied on a weak US Dollar and ECB hawkish commentary. Federal Reserve Chair Jerome Powell’s speech on Tuesday did not provide any guidance ahead of...
What you need to take care of on Wednesday, January 11: The FX board saw little action on Tuesday amid a scarce macroeconomic calendar and as...
Reuters reported that the European Central Bank’s governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end....
EUR/USD bearish W-formation remains in focus in the build-up to US CPI. Bulls could find themselves trapped in trying to break out through recent highs. EUR/USD...
EUR/USD navigates a narrow range amid vacillating markets. The dollar also trades in an erratic fashion despite higher yields. Markets’ attention gyrates to Thursday’s US CPI...
EUR/USD seems to have met some resistance near 1.0760. Further upside could see the June 2022 high retested. EUR/USD falters just ahead of Monday’s monthly peaks...
EUR/USD looks to consolidate further above the breakout of 1.0700. The dollar trades in an inconclusive fashion so far on Tuesday. Investors’ focus gyrates to Chief...
EUR/USD sees around seven-month high, steadies off late. Cautious mood ahead of this week’s key catalysts probe EUR/USD traders. Upbeat EU data jostles with hawkish Fedspeak...
EUR/USD is looking to recapture 1.0760 as the overall risk profile is still positive. Only the stronger-than-projected US CPI report could avoid certain fresh lows for...
EUR/USD bearish W-formation is in focus. Bulls could find themselves trapped in trying to break out through recent highs. US CPI red news event could be...
What you need to take care of on Tuesday, January 10: The US Dollar started the week on the back foot as optimism weighed on the...
EUR/USD is expected to extend a rally above 1.0650 on less-hawkish Fed bets. A sheer drop in US Average Hourly Earnings will be added to the...
EUR/USD keeps the trade around the 1.0500 level on Friday. US Non-farm Payrolls came in on the strong side in December. The jobless rate ticked lower...
US Dollar under pressure across the board amid risk appetite and falling yields. US: A weak ISM Service sector report follows a larger than expected increase...
German Retail Sales arrived at -5.9% YoY in November vs. -2.5% expected. Retail Sales in Germany came in at 1.1% MoM in November vs. 1.0% expected....
EUR/USD’s upside momentum faltered once again around 1.0630. The breakout of that resistance could lead up to a test of 1.0713. EUR/USD Gives away initial gains...
What you need to take care of on Friday, January 6: The American Dollar aimed higher early Thursday, backed by the echoes of a hawkish Fed....
EUR/USD dived to 1.0580s on the release of the US Federal Reserve minutes. FOMC: Officials do not expect to cut rates in 2023. FOMC: Policymakers did...
November’s US JOLTs report exceeded estimates, and upward revisions to October’s report suggest the labor market remains tight. The US ISM Manufacturing PMI for December contracted...
EUR/USD partially reverses Tuesday’s drop and approaches 1.0600. Final Services PMIs in the euro area are due next in the docket. Investors’ attention remains on the...