Market Update – March 30 – Stocks Recover & USD finds a floor
Bank jitters continue to ease lifting sentiment again, US stocks rallied (+1% to +1.79%) led by the NASDAQ, Asian markets are mixed and European FUTS are positive. The USD bounced…
Read More »EUR/USD edges lower, and tests 1.0750 support as a triple bottom stays in play
As the New York session finished, EUR/USD fell 0.64% or 69 pips. A risk-on impulse did not help the Euro (EUR), which, pressured by a banking crisis t
Read More »Euro Dollar Outlook: EUR/USD Takes a Breather as Prices Test Support
The Euro has held its ground against the US Dollar, allowing prices to recover from February’s losses. Can EUR/USD break free from the current zone of support?
Read More »The Midweek Update 22 March 2023
Pre-FED anxiety is the mood today as markets await the key interest rate decision from the U.S Dollar The Greenback rolls into midweek trading at a monthly low (102.82) ahead…
Read More »Market Update – March 21 – Sentiment Stabilised?
Risk appetite improved to kick off spring. Though banking jitters are still an undercurrent, the various rescue measures, including UBS’s takeover of Credit Suisse over the weekend, helped ease global…
Read More »Euro Weekly Forecast: EUR/USD Gains As Eurozone Data Show Modest Return To Growth
The Euro ticked higher on news that its home economy expanded at last in January, raising hopes that recession can be sidestepped
Read More »Forexlive Americas FX news wrap 17 Feb: The USD reverses gains and closes little changed
<ul><li><a href="https://www.forexlive.com/news/us-stocks-close-mixed-for-the-day-and-mixed-for-the-week-20230217/">US stocks close mixed for the day and mixed for the week</a></li><li><a href="https://www.forexlive.com/technical-analysis/wti-crude-oil-futures-settle-at-7634-20230217/">WTI crude oil futures settle at $76.34</a></li><li><a href="https://www.forexlive.com/news/the-fx-market-isnt-feeling-the-fright-20230217/">The FX market isn't feeling the fright</a></li><li><a href="https://www.forexlive.com/news/mufg-trade-of-the-week-sell-eurusd-20230217/">MUFG trade of…
Read More »The Midweek Update 15 February 2023
The Dollar maintains its strength against its peers as markets price in additional rate hikes on the back of sticky inflation data. Dollar Midway through the week and the Dollar…
Read More »Europe Brief
The ECB and BoE both hiked rates by 50 basis points last week. The BoE seems to be inching closer to peak rates, while Lagarde left the ECB on course…
Read More »Midweek Market Overview 08 February 2023
The Dollar rolls into midweek flexing its muscles against its peers on the back of upbeat US Jobs data. Dollar Midway through the week and the Dollar finds itself nearing…
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