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Eurozone’s Industrial Production fell more than expected in July, the official data published by Eurostat showed on Wednesday, suggesting that the bloc’s manufacturing sector activity is in the doldrums. The … Read More
EUR/USD gives away part of Wednesday’s sharp advance. The ECB is broadly expected to hike rates by 75 bps. Extra attention will also be on the speech by Fed’s Powell. … Read More
Kit Juckes, Chief Global FX Strategist at Société Générale, stresses the importance of the terms of trade to the dollar’s strength. The euro won’t bounce until a devastating term of … Read More
EUR/USD prepares to finish the week with hefty losses above 2%. Fed officials insist it’s not time to declare “victory” while adding that further rate hikes are coming. ECB Schnabel … Read More
What you need to take care of on Wednesday, August 17: Caution prevailed on Tuesday, with the focus still on a potential global recession. The dollar maintained its dominance despite … Read More
What you need to take care of on Thursday, August 11: The greenback plummeted on the back of US inflation figures, ending the day in the red against all major … Read More
The European Central Bank Pablo Hernández de Cos is crossing the wires and has said that there are risks to the eurozone inflation outlook that remain on the upside and have intensified, … Read More
Italian Prime Minister Mario Draghi asked on Wednesday for the upper house Senate to hold a confidence vote that will effectively decide if his coalition government stays in office. Draghi indicated … Read More
German Retail Sales arrived at -3.6% YoY in May vs. -2.0% expected. Retail Sales in Germany stood at 0.6% MoM in May vs. 0.5% expected. Germany’s Retail Sales rose by 0.6% MoM … Read More
EUR/USD extended its daily slide in the American session. Hawkish Fed commentary helps the greenback continue to gather strength. US Dollar Index extends recovery to 105.00 on Friday. EUR/USD extended … Read More
