FX Update September 16 – A weaker USD ahead of the FED
EURUSD has rallied by just over 50 pips from the intraday low in posting a high at 1.1882. This swings yesterday’s six-day peak at 1.1901 back into scope. Dollar weakness…
Read More »FX Update – September 11 – Pound finds respite at lows
EURGBP & GBPUSD, H4 The Dollar and Yen remained on a softening tack, the Pound hit fresh lows before paring losses, while the Euro and Dollar bloc currencies occupied…
Read More »Euro Forecast: EUR/USD Set Fair to Reach Highest Levels Since Spring 2018
If ECB President Christine Lagarde was hoping to curb the strength of EUR/USD last week, she failed. Instead, the pair is now well placed to reach new two-year highs above…
Read More »EUR/USD settles in the middle of the consolidation range post ECB and in anticipation of the FOMC
EUR/USD has had an interesting week, to say the least. There have been Brexit woes to deal with but the pair managed to hold up after the ECB meeting.
Read More »EUR/USD Analysis: Wait-and-See ECB Guidance Keeps August Range Intact
EUR/USD may continue to track the August range following the ECB meeting even though the RSI retains the downward trend carried over from the end of July.
Read More »Heads up: ECB speakers on the agenda later today
There will be a host of ECB speakers in the session ahead Here is the agenda: 0650 GMT – ECB’s Villeroy speaks in Berlin Villeroy will be speaking at the…
Read More »Euro Forecast: Major Resistance Now for EUR/USD at 1.20 as ECB Meets
This Thursday’s meeting of the European Central Bank will likely end with confirmation that the ECB will do everything it can to stop EUR/USD from strengthening above 1.20.
Read More »Events to Look Out for Next Week
The shortened week starts with the major markets closed for Labor Day, but overcompensates on Wednesday and Thursday with the BoC and ECB rate decisions and Press Conferences, and Inflation…
Read More »The Europe Brief
The round of August confidence data has so far been mixed, as the services sector registers the fallout from lockdowns and the resurgence of new Covid-19 infections. Travel restrictions and…
Read More »UK smashed forecasts but Europe NO
Eurozone PMIs weaker than expected, with not just the services reading taking a hit, but manufacturing also weighed down by the new rise in virus infections that brought with them…
Read More »