Pound’s, Dollar’s and Euro’s Pros and Cons
The US Dollar rallied, extending the bounce out of the lows seen yesterday following sub-forecast April ISM and March construction data. The narrow trade-weighted USDindex lifted back to yesterday’s 2-week…
Read More »EU and UK PMIs much better than expected
EURUSD, H1 Eurozone flash PMIs higher than expected. The Manufacturing PMI jumped to a series high of 63.3, the output PMI also hit the highest level since the start of…
Read More »Euro Forecast: EUR/USD Outlook Improves, What to Expect From ECB Meeting
For Euro traders, the week ahead will be dominated by Thursday’s ECB meeting. Eurozone monetary policy won’t be changed but Lagarde’s comments are expected to be dovish.
Read More »Events to Look Out for Next Week
Moving into the new week and new week, attention could continue be on the fresh lockdowns in Europe, the vaccine rollouts, and uncertainties over China relations and on Central banks…
Read More »Reminder! EURO Alert
Rising inflation remains an important determinant of market reaction this year, as rising yields continue to challenge lofty equity market valuations, especially in the technology sector, a topic which we…
Read More »Central banks in the spotlight – first and foremost the FOMC!
Currencies have been trading with stability amid a benign backdrop of buoyant stock markets and softer yields as markets anticipate policymakers to provide assurances this week, as Fed, BoJ and…
Read More »Recap March 14: Tesla collapses, Record Highs, Storm blocks out Sun (Recap Ep114)
In this week’s recap, we found that US stocks were mostly positive, with the Dow achieving a fifth consecutive record up, despite doubts generated by the high national debt in…
Read More »Market Update – March 12 – USD Rallies, JPY Pressured
Market News Today – The USD dips and then finds a bid. Stimulus Bill signed by Biden – targets July 4 as “normalcy”. Stocks closed higher (Nasdaq +2.5%), Weekly…
Read More »Euro Forecast: EUR/USD Well Supported as Global Central Banks Meet
Last week’s meeting of ECB monetary policymakers failed to weaken Eurozone bond yields, and any further moves higher this week would likely result in corresponding gains for EUR/USD.
Read More »Events to Look Out for Next Week
Welcome to our weekly agenda, our briefing of all the key financial events globally. The week ahead is expected to be a massive one, as three of the major Central…
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