The week of June 9 – 13 brings a full slate of potential market movers. In the U.S., attention turns to May’s CPI and PPI reports, along with consumer confidence data, which could either reinforce or challenge expectations of a Federal Reserve rate cut amid signs of a slowing economy. Trade tensions also loom large, […]
Daily Technical Analysis EUR/USD: Holds Near 1.1400 as Markets Focus on U.S.–China Trade Talks
EUR/USD is trading flat around the 1.1400 level during Monday’s Asian session, stabilizing after posting losses in the previous trading day. The pair remains under pressure as the U.S. dollar found support following robust U.S. jobs data released on Friday, which dampened expectations for near-term interest rate cuts by the Federal Reserve. Strong U.S. Labor […]
Daily Technical Analysis EUR/USD: Pulls Back Amid Dollar Strength, Inflation Miss, and Trade Tensions
The EUR/USD pair retreated on Tuesday after reaching a six-week high of 1.1454, pressured by renewed concerns over the U.S.–China trade dispute and a strengthening U.S. dollar. The pair trades at 1.1379, down 0.52%, as the greenback regains ground. Trade Tensions and Economic Data Support the Dollar U.S. President Donald Trump is reportedly planning to […]
Outlook for the Week of June 2 – 6
The week of June 2–6 could bring significant volatility to global markets, with attention centered on key U.S. data releases and multiple central bank decisions. In the U.S., ISM PMIs and the nonfarm payrolls report will shape expectations around Fed policy, especially if wage growth and hiring remain strong. Meanwhile, the ECB is widely expected […]
Daily Technical Analysis EUR/USD: Rebounds Toward 1.1400 After Tariff Tensions
EUR/USD is rebounding from its previous session’s losses, trading around 1.1370 during Monday’s session. The pair gains ground as the U.S. Dollar struggles following legal developments surrounding former President Donald Trump’s trade policies. On Thursday, the U.S. Court of Appeals ruled in favor of allowing Trump’s tariffs to proceed, temporarily supporting the executive’s trade stance. […]
Daily Technical Analysis: EUR/USD Falls Below 1.1400 After Positive US Data and Weak French CPI
The EUR/USD pair continues its decline, slipping below the 1.1400 level for the second consecutive session, pressured by a rebound in the US Dollar (USD) and soft inflation data from France. As of Tuesday, the pair trades at 1.1335, down over 0.40%. Rebounding Dollar Gains From Strong Confidence Data A recovery in risk sentiment followed […]
Outlook for the Week of May 26 – 30
The week of May 26–30 is shaping up to be crucial for global markets, with a spotlight on U.S. economic indicators and fiscal uncertainty. Investors will closely monitor the Fed minutes and core PCE inflation data for hints on future policy, while concerns over U.S. debt following Moody’s downgrade and a contentious budget bill weigh […]
Daily Technical Analysis EUR/USD : Rises Toward 1.1400 After Tariff Delay
EUR/USD continues its upward momentum for the second straight session, trading near 1.1390 on Monday. The euro is gaining strength after Bloomberg reported that former U.S. President Donald Trump agreed to postpone the implementation of a 50% tariff on European Union (EU) imports until July 9. On Sunday, European Commission President Ursula von der Leyen […]
Daily Technical Analysis EUR/USD: Rises Ahead of Weak Dollar, with Key Technical Barriers Still in Place
EUR/USD gained for a second consecutive session on Tuesday, lifting the pair closer to the 1.1300 mark. While bullish momentum has returned in the near term, the euro remains well below the multi-year highs near 1.1575. Strong support from key moving averages has provided a technical floor, and market sentiment remains cautiously optimistic that traders […]
Outlook for the Week of May 19 – 23
The week of May 19–23 promises to be pivotal for global markets. In the U.S., investors will closely watch PMI data and speeches from key Federal Reserve officials for clues on the future path of interest rates—especially after April’s persistent inflation and the easing of recession fears following a surprising U.S.-China trade truce. Meanwhile, the […]