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EUR/USD gathers renewed upside traction near 1.0560. The dollar’s momentum deflates somewhat ahead of FOMC. US ADP Report disappointed expectations at 247K in April. The optimism around the shared currency … Read More
After dropping under 1.0700 during APac trade, EUR/USD continues to press lower towards its 2020 lows in the 1.0630s. The pair continues to suffer as a result of expectations for … Read More
EUR/USD fades part of the recent strong rebound to 1.1480. ECB’s Knot sees the central bank hiking in Q4 2022. ECB’s Lagarde will speak before the European Parliament. The single … Read More
German ZEW Economic Sentiment arrived at 51.7 in January, up from 29.9 previous. The ZEW Current Situation for Germany came in at -10.2 January vs -7.4 in December. EUR/USD remains in … Read More
A goodish pickup in the USD demand acted as a headwind for EUR/USD on Monday. The downside remains cushioned as investors seemed reluctant amid thin liquidity. The EUR/USD pair remained … Read More
EUR/USD sits tight ahead of the all-important NFP report schedule for the US session. Bears are looking for a weekly bearish close on a solid NFP report. Risk appetite remained firm … Read More
EUR/GBP trades with caution on Tuesday in the early Asian trading hours. German October IFO Survey, dovish ECB, and downbeat data weighs on the euro UK Brexit Minister sets … Read More
European Central Bank (ECB) chief economist Philip Lane said on Monday that there is an early stage of an energy shock in the eurozone and added that the trigger for … Read More
EUR/USD picks up traction and bounces off monthly lows. Another test of the 2021 lows remains on the cards. EUR/USD finally regains the smile and retakes the 1.1700 barrier and … Read More
EUR/USD attempts a mild rebound to the 1.1740 area. Next on the upside comes the 1.1800 hurdle. EUR/USD puts further distance from Monday’s monthly lows in the 1.1700 neighbourhood. In … Read More
