Tag - ecb

USD Expected To Recover Some Strength
USD Expected To Recover Some Strength

In the early hours of Tuesday, the US Dollar faces challenges in maintaining its strength against major currencies, with the US Dollar Index struggling to surpass the 104.00 mark. Investors are eagerly anticipating the release of key economic data, including January Durable Goods Orders and the Conference Board's Consumer Confidence Index for February. Additionally, the economic calendar includes reports...

What To Trade In February
What To Trade In February

Major currency pairs like USD/JPY and USD/CHF face potential shifts in trends as central banks reevaluate interest rates. The Euro and British Pound are poised for nuanced movements based on economic conditions and rate decisions. Meanwhile, the Australian and New Zealand Dollars grapple with changing interest rate...

EUR Weakness May Endure In February
EUR Weakness May Endure In February

EUR/USD, a major indicator of Euro’s strength, finds itself in a state of indecision, with sideways movement near 1.0850 following two consecutive weeks in negative territory. The absence of clear recovery signals in the near-term technical outlook reflects the cautious stance of market participants. As the pair navigates this period of uncertainty, all...

USD: Likely Outcomes of the PCE
USD: Likely Outcomes of the PCE

The recent economic data presents a nuanced narrative, showcasing the resilience of the US economy amid uncertainties. As we navigate through the mixed signals of GDP growth, price index fluctuations, and surprising jobless claims, it becomes evident that a comprehensive understanding...

Central Banks Pause Rates. Markets Await NFP
Central Banks Pause Rates. Markets Await NFP

The Federal Reserve decided unanimously to maintain interest rates at 5.25-5.50%, a highly anticipated move that retains significant implications for monetary policy's future course. Despite this decision, the FOMC refrained from definitively ruling out potential future rate hikes, leaving room for policy adjustments.

Will The ECB Support EUR?
Will The ECB Support EUR?

Core inflation has improved recently, but the ECB is cautious due to fluctuating oil prices that could rekindle headline inflation. Another ECB interest rate hike is viewed as unlikely at present. Monetary data, economic indicators, and wage growth suggest a more stable underlying inflation trend.

Will CPI release help the GBP?
Will CPI release help the GBP?

UK basic wages have experienced a record growth rate, prompting concerns for the Bank of England (BoE) over persistent inflation pressures despite 14 consecutive interest rate hikes. While the unemployment rate unexpectedly rose to 4.2%, basic earnings increased by 7.8%, the highest in records from 2001.

ECB Interest Rate Decision Could Spark a Reversal
ECB Interest Rate Decision Could Spark a Reversal

On Thursday, the European Central Bank is expected to hike interest rates by a quarter percentage point to 3.75%. After July, the certainty of further rate hikes is unclear, leading to a craving for guidance in financial markets

How Will Euro Move After the ECB
How Will Euro Move After the ECB

The European Central Bank (ECB) raised its interest rates by 0.5% to 3%, as planned, to combat inflation, despite some investors'...

European Currencies Ahead of the Banks' Statements
European Currencies Ahead of the Banks' Statements

On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.

Jackson Hole has Serious Consequences
Jackson Hole has Serious Consequences

Fed Chair Powell’s comments on the Jackson Hole Symposium resulted in the worst weekly candle in the US500 index since June. Most risky assets experienced severe drawdowns, and EURUSD returned to the above-parity area. We explain everything you need to know about the Symposium in this article.

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