European Central Bank

Target Thursdays: Bitcoin, US400, RUS2000, and EURGBP

Thu, 11 Apr 2024 09:07:57 +0000

Bitcoin still climbing this CPI week; up over 2%/$1,600 since Sunday
US400 and RUS2000 stock indices showed larger-CPI reactions, as predicted
FXTM Trading Signals: EURGBP reaches all 4 Targets

The monthly US CPI release has come and gone.

The highly-anticipated set of US economic Read More

Trade Of The Week: EURUSD bulls back in town?

Mon, 27 Nov 2023 12:27:11 +0000

Trade Of The Week: EURUSD bulls back in town? Lukman.Otunuga… Mon, 11/27/2023 - 14:27

/s3-static/markets/field/image/Currencies/EUR/euro_held_up_to_the_sunlight_0.jpg

The world’s most traded FX pair has climbed roughly 500 pips from its October low!

Week Ahead: Will EURUSD hit new 6-month low?

Fri, 22 Sep 2023 06:46:56 +0000

Week Ahead: Will EURUSD hit new 6-month low? han.tan@FXTM CY CA Fri, 09/22/2023 - 09:46

/s3-static/markets/field/image/Currencies/EUR/euro_50_notes_in_hand_SMALL.jpg

Find out the key events that could move EURUSD within the 1.0542 – 1.0770 range over the next week.

Trade of the Week: EURUSD to suffer another inflation scare?

Mon, 26 Jun 2023 08:40:58 +0000

Trade of the Week: EURUSD to suffer another inflation scare? han.tan@FXTM CY CA Mon, 06/26/2023 - 11:40

/s3-static/markets/field/image/Currencies/EUR/euro_100_dollar_paper_bill_curl_roll_transition.jpg

EURUSD typically sees 38% larger 1-day move on European inflation release days.

EURUSD attempts slight recovery

Thu, 01 Jun 2023 07:33:59 +0000

EURUSD attempts slight recovery han.tan@FXTM CY CA Thu, 06/01/2023 - 10:33

/s3-static/markets/field/image/Currencies/EUR/rolling_euro_coin_uphill_1.jpg

The world's most-traded FX pair has a relatively muted response to the just-released Eurozone inflation data for May, as measured by the consumer price index (CPI).

Why is the US dollar stronger today?

Wed, 31 May 2023 10:32:44 +0000

Why is the US dollar stronger today? han.tan@FXTM CY CA Wed, 05/31/2023 - 13:32

/s3-static/markets/field/image/Currencies/US%20Dollar/dollar_with_green_arrow_curving_up_and_white_male_figurine_in_suit.jpg

The USD Index has punched its way to a fresh two-month high, and is on course for its largest monthly gain (2.8%) since September 2022.

STOX50 bears prowl ahead of ECB decision

Thu, 04 May 2023 09:29:26 +0000

European shares flashed red on Thursday as investors digested the latest rate hike by the Federal Reserve (Fed) and prepared for the European Central Bank’s (ECB) policy decision later today.

Our focus this morning falls on the STOX50 Index which could be influenced by the ECB rate decision.

The ECB is expected to raise interest rates by 25 basis points (bps) mirroring their counterparts from across the Atlantic. This Read More

Investors Brace For Packed Week Of Risk Events

Tue, 02 May 2023 07:35:13 +0000

Asian equities were mixed on Tuesday with some markets closed as investors braced for a heavy event week packed with top-tier data releases and key central bank meetings. European futures are signalling a mixed open with market players awaiting the start of the Fed meeting and rate decision on Wednesday. In the currency space, the dollar edged lower while AUD surged after the Reserve Bank of Australia (RBA) unexpectedly raised interest rates. Gold prices continue to be trapped within a range while oil prices remained pressured by concerns about China’s economic Read More

Week Ahead: Say bye to EURUSD’s March gains?

Fri, 10 Mar 2023 06:29:27 +0000

Week Ahead: Say bye to EURUSD’s March gains? han.tan@FXTM CY CA Fri, 03/10/2023 - 08:29

/s3-static/markets/field/image/Currencies/EUR/euro_fades_0_3_1.jpg

Even as markets brace for the highly-anticipated US jobs report due later today (Friday, March 10th), the prudent investor/trader will already be keeping an eye on what’s to come:

Sunday, March 12

EURUSD rebound in progress

Wed, 01 Mar 2023 10:25:34 +0000

In our latest Week Ahead article (posted on Fridays), we offered 3 reasons why EURUSD could see a rebound this week.

And that rebound is in progress, with EURUSD punching its way to a one-week high, at the time of writing.

Traders are apparently pricing in their Read More