EUR/USD Price Analysis: Euro Firm Amid ECB’s Unclear Path
The European Central Bank lowered interest rates for the first time since 2019. The ECB's Lagarde refrained from committing to a path of interest rate cuts. There was caution ahead…
The European Central Bank lowered interest rates for the first time since 2019. The ECB's Lagarde refrained from committing to a path of interest rate cuts. There was caution ahead…
Japan's economy likely contracted less than expected in the March quarter. The dollar traded near an 8-week low on heightened expectations of a rate cut. Investors are eagerly awaiting the…
The Bank of Canada became the first G7 central bank to cut interest rates. Markets expect a rate cut in Canada of 77 basis points this year. The probability of…
Markets are almost certain that the European Central Bank will cut rates today. The Bank of Canada has opened the door to more global interest rate cuts. Data from the…
Recent data revealed weaker-than-expected growth in Canada. Markets have a 75% chance the BoC will cut rates on Wednesday. Oil fell as traders worried about a looming increase in supply.…
Australia's economy slowed in the first quarter due to a drop in consumer spending. There is still little chance that the RBA will lower rates this year. US employment data…
The data revealed a further contraction in the US manufacturing sector. Traders are pricing in a 59.1% chance of a Fed rate cut in September. Surveys showed a drop in…
The Japanese government is likely to warn of the effects of a weak yen in its economic policy roadmap. Business activity in the US manufacturing sector decreased in May. Markets…
Market participants are almost certain that the ECB will cut rates on Thursday. The interest rate gap between the Eurozone and the US will widen. The core US PCE price…
The Canadian economy grew more slowly than expected in Q1. The probability of a Bank of Canada rate cut in June rose from 66% to 83%. The core US PCE…