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 »Euro Forecast: EUR/USD Rally Fading, Will European PMIs Rekindle Bulls?
The Euro’s rally versus its major peers has been fading since the EU Summit deal.Attention is turning to next month’s ECB meeting. Will rosy European PMIs rekindle EUR/USD’s rise?
Read More »Events to Look Out for Next Week
As the month of August began,uncertainties both fresh and familiar keep challenging the markets, driving volatility in the stock market and pushing bond rates to record lows. The worries over…
Read More »It won’t be easy!
In Europe the focus has switched from the ECB to the EU summit on the proposed EUR 750 bln pandemic recovery fund, which is tied in with the EU’s next 7-year…
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