Weekly Market Outlook (15-19 July)
UPCOMING EVENTS: Monday: New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales, Eurozone Industrial Production, BoC Business Outlook Survey, Fed Chair Powell. Tuesday: Eurozone ZEW, Canada CPI,…
Read More »Market Week Ahead: ECB, Inflation, US Earnings, Tech Stocks
There is a lot going on next week including the latest ECB rate decision, a raft of high importance economic data, and a bunch of heavyweight US earnings
Read More »ECB’s Holzmann says further rate cuts by the Bank could slam EUR and spike inflation
Robert Holzmann is Governor of Austria’s central bank and a European Central Bank Governing Council member, billed by many pundits as the A1 hawk at the table. Holzmann spoke in…
Read More »EUR/USD holds positive ground above 1.0850 ahead of ECB rate decision
The EUR/USD pair gains ground around 1.0875 despite the recovery of the US Dollar (USD) during the early Asian session on Thursday.
Read More »US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
US dollar setups come into focus as data weakens. EUR/USD awaits ECB cut, AUD/USD eyes lower levels on waning risk appetite, and USD/CHF flashes overheating signals after a sharp drop
Read More »Dollar faces pressure as data talks once again
The report here was softer than estimated, with prices paid also easing back from April. The positive for the dollar? Employment conditions are still holding up well but that’s about…
Read More »Euro Outlook Ahead of the ECB Rate Decision – EUR/USD, EUR/CHF Setups
Euro in focus ahead of the highly likely ECB rate cut. Euro positioning has improved in recent weeks and softer US data could improve the outlook for the single currency
Read More »Forexlive Americas FX news wrap 31 May: US PCE doesn’t scare. Yields lower. US down and up
Hamas says they view US Pres. Biden’s proposal for a cease-fire as positive S&P cuts France to AA- to AA US stocks rebound into the close. Highlights for next week:…
Read More »Euro Gains Again As Risk Appetite Holds Up Into Key US Payroll Release
The Euro has shared in broad non-Dollar gains despite the prospect of ECB divergence from the Fed.
Read More »EUR/USD holds below 1.0750 ahead of ECB rate decision, US PPI data
The EUR/USD pair remains on the defensive near 1.0740 during the early Asian session on Thursday.
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