EUR/USD Price Analysis: ECB’s Less Dovish Remarks Boost Euro
The ECB's Stournaras said on Friday that there could be only three ECB rate cuts this year. Eurozone economic growth exceeded forecasts in Q1. The dollar headed for its worst…
The ECB's Stournaras said on Friday that there could be only three ECB rate cuts this year. Eurozone economic growth exceeded forecasts in Q1. The dollar headed for its worst…
The BoC could wait for clearer Fed policy to avoid a major deviation. Canada posted a surprising trade deficit of C$2.28 billion in March. US stocks rallied a day after…
The dollar fell on Wednesday as investors absorbed the outcome of the Fed's policy meeting. Powell argued that the Fed's next move would be to cut rates. British manufacturing fell…
There is a good chance that the Japanese authorities have intervened again to support the yen. Powell argued that the Fed is still trying to cut interest rates. The difference…
Growth in employment costs in the US was stronger than expected. Markets have reduced Fed rate cut expectations to just one cut in 2024. The Fed and RBA policy outlooks…
Data from Canada revealed a smaller-than-expected 0.2% expansion in the economy. Investors currently have a 60% chance that the BoC will cut rates in June. While investors expect a 54bps…
KSAU/USD broke out of the flag pattern, signaling further declines. A new lower low triggers a larger correction. US data could bring sharp changes today. The price of gold is…
The dollar was firm ahead of the Fed's policy meeting on Wednesday. The outlook for rate cuts in the US differed significantly from other countries. Market participants expect the first…
Investors are eagerly awaiting Wednesday's FOMC policy meeting. The US PCE price index on Friday revealed high housing and utility prices. ECB policymakers remain confident that inflation is on a…
The bias is short-term bullish. A new higher high activates further growth. US data should bring big action tomorrow. EUR/USD pulled back a bit in the short term after reaching…