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 »Events to Look Out for Next Week
Welcome to our weekly agenda, our briefing on all the key financial events globally.Virus jitters will remain a focus along with Beijing and several US states as real data continues…
Read More »EURUSD Holds over 1.1100
EURUSD, H1 & Daily Eurozone HICP inflation fell to just 0.1% y/y in the preliminary reading for May, from 0.4% y/y in April. Prices were down -0.1% m/m, and the…
Read More »Recap May 3: Tesla stock crashes by Elon Musk Tweet – Economies start opening (Recap Ep069)
During this week we saw how economies started opening again after the coronavirus driven shutdown, World stocks are having their best month on record Thursday, with encouraging early results from…
Read More »Events to Look Out for Next Week
Geopolitics are back in the picture giving the markets pause and adding another layer of uncertainty to a shaky global outlook. However other than US-China tension, next week the global…
Read More »Debt Mutualisation? Nope according to “Frugal Four”
With European countries accelerating the easing of virus restrictions, the focus turned to recovery programs and German-French proposals for an EU recovery fund last week. That was a signal that…
Read More »