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…
Read More »Euro Forecast: Outlook for EUR/USD Positive After ECB and EU Summit
The week ahead is looking quieter but positive for EUR/USD and the Euro crosses after a busy few days that included both Thursday’s ECB meeting and the weekend EU Summit.
Read More »Live commentary post Central Banks’ meetings!
Live commentary post Central Banks’ meetings from Stuart Cowell. US equity futures are under pressure as global markets suffer a bout of risk aversion. ECB leaves rates unchanged as expected; Lagarde…
Read More »Here’s a EUR/USD forecast (to 1.15) with the ECB expected to be optimistic this week
The European Central Bank meet this week, preview below. – Meeting Thursday 16 July 2020 – Policy announcement at 1145GMT (policy likely unchanged) Euro forecast via Danske (this from late…
Read More »Euro Forecast: EUR/USD to Find Direction from ECB and EU Summit
Two major events will dominate Euro trading in the coming week: an ECB meeting on Eurozone monetary policy, followed by an EU summit to reach agreement on a recovery fund.
Read More »GBP saw 3-month low VS EUR
Cable has found a footing in the mid 1.2300s after last week tumbling from the mid 1.2500s, which culminated late Friday with a 1-month low at 1.2312. EURGBP, meanwhile, has printed…
Read More »Is it really a sign for recovery?
The ECB minutes yesterday highlighted again that the central bank is very far away from considering exit moves from the pandemic emergency purchase programme (PEPP) program and that means it can…
Read More »FX Update – June 26 – Consolidations abound
EURUSD, H1 Narrow ranges with a modicum of yen firmness have been prevailing against a backdrop of higher equity markets in Europe and Asia, which have tracked Wall Street gains,…
Read More »