Euro

EURUSD waits on ECB meeting

Tue, 23 Jan 2024 10:11:37 +0000

EURUSD in bearish flag pattern

ECB meeting looms large

Prices wedged between 21 & 50 EMA

Significant move could be on horizon

Week Ahead: EURUSD ready to resume downtrend?

Fri, 20 Oct 2023 09:53:14 +0000

Week Ahead: EURUSD ready to resume downtrend? Lukman.Otunuga… Fri, 10/20/2023 - 12:53

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Get ready for another event-heavy week for global markets as the focus falls on central bank decisions, top-tier economic data, and corporate earnings from the largest companies in the world.

EURUSD bulls gains momentum ahead of ECB

Thu, 27 Jul 2023 10:47:14 +0000

As the countdown draws closer to the European Central Bank (ECB) meeting, investors are still digesting the Federal Reserve’s (Fed) policy decision overnight.

The Fed raised interest rates by 25 basis points as widely expected but refrained from giving any clear indications on whether this would be the final move.

Indeed, Fed Chair Jerome Powell struck a neutral tone, stating that a “wait-and-see” approach would be Read More

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

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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

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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

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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.

Trade of the Week: EURUSD set for rebound?

Mon, 29 May 2023 10:27:54 +0000

Trade of the Week: EURUSD set for rebound? han.tan@FXTM CY CA Mon, 05/29/2023 - 13:27

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The euro has weakened against the US dollar by about 2.7% so far this month, as we see out the final days of May.

Week Ahead: EURUSD braced for explosive risk cocktail

Fri, 28 Apr 2023 09:39:52 +0000

Week Ahead: EURUSD braced for explosive risk cocktail Lukman.Otunuga… Fri, 04/28/2023 - 12:39

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If you thought the last few days were wild for financial markets, then wait until you see what’s in store for the week ahead…

Risk-off sentiment intensifies amid SVB turmoil

Tue, 14 Mar 2023 08:36:34 +0000

Another wave of risk aversion swept through Asian shares on Tuesday, as the implosion of Silicon Valley Bank (SVB) continued to echo across global markets.

The recent developments have fueled fears over a U.S. banking crisis with investors around the world on edge, waiting to see what happens next. Risk-off is likely to remain the name of the game this week as players remain concerned about the financial sector. In the currency space, there was no love for the dollar as markets Read More

Trade Of The Week: What’s Next For The EURUSD?

Mon, 13 Mar 2023 11:07:09 +0000

Fasten your seatbelts, because the next few days could be wild for the world’s most traded FX pair.

Prices have already kicked off the new trading week in a volatile fashion, gapping higher thanks to potent fundamental forces.

We witnessed EURUSD bulls dominate the scene last Friday following the mixed Read More