The US dollar jumps across the board amid rising yields and a reversal in stocks. EUR / USD is about to post the lowest weekly close since mid-April. The EUR/USD it fell further and reached 1.2099, the lowest level since May 14. So far it remains above 1.2100 but remains under pressure as the US […]
Tag: EURUSD
EUR / USD Continues to Fall, Marking Lows in One Week and Approaching 1.2100
The dollar remains firm on Friday after the start of the American session. Slight rebound in Treasury yields helps the dollar. The EUR / USD extended the decline and reached 1.2121, marking a new low for the day. The price remains in the area of the lowest prices of the day, with a downward bias, […]
EUR / USD extends decline to 1.2150
EUR / USD remains under pressure and tests the 1.2150 zone. The Bundesbank revised up its GDP forecast for Germany. Data Ahead: US Preliminary June Consumer Sentiment Indicator EUR / USD was unable to return above 1.2200, a level it approached during the Asian session and changed direction. It just fell to 1.2150, marking a […]
Knot Says Euro Zone Fiscal Policy Must Maintain A Major Role For Years
Commenting on the fiscal policy of the euro zone, European Central Bank (ECB) member Klaas Knot has said that Europe needs new budgetary rules so that public spending can maintain an oversized role in the coming years, as reported by Reuters. Key Comments: “As the current low interest rate environment is likely to persist, we […]
Villeroy says inflation is rising in the euro zone, but remains below the central bank’s target
“Inflation is rising in the eurozone, but remains below our target“said on Friday the member of the Governing Council of the European Central Bank (ECB) and director of the Bank of France, Francois Villeroy de Galhau, in an interview with Radio Classique. Additional comments: “It is not necessary to change a monetary policy that is […]
EUR/USD mantiene perspectiva neutral – UOB
UOB Group currency strategists note that the outlook for EUR / USD still looks neutral short term. Key Comments: 24 hour view: “We highlighted yesterday that the outlook is mixed and we expected the EUR / USD to trade ‘within a range of 1.2145 / 1.2220’. Subsequently, the EUR / USD traded within a narrower […]
Inflation fails to lift the dollar, the focus is on consumer confidence and infrastructure
This is what you need to know to trade today Friday June 11: Markets remain bullish and the US dollar remains in range despite strong inflation figures. The focus of attention shifts to US consumer confidence, as well as possible progress in bipartisan talks. A delay in the UK reopening is weighing on the British […]
EUR / USD stabilizes below 1.2200 after strong fluctuations
EUR / USD remains on track to close little changed on Thursday. The ECB left its policy setup unchanged as expected. The US Dollar Index remains above 90.00. After staying calm below 1.2100 for the first half of the day, the pair EUR/USD It fluctuated sharply as investors evaluated the European Central Bank (ECB) policy […]
EUR / USD remains in the 1.2170 zone after ECB, before US data.
Euro is not impacted by ECB decision, market now with eyes on the US. EUR / USD without clear direction, more volatile but not moving away from 1.2170. The EUR / USD rose to 1.2187 after the decision of the European Central Bank (ECB) was known, which did not contain surprises. After a few minutes […]
EUR / USD Price Analysis: Solid Barrier Appears at 1.2270
EUR / USD remains without a clear direction and retreats from Wednesday’s highs reached above 1.2200. Higher than 1.2200, the euro owes. Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content […]