The financial markets are gearing up for a pivotal week ahead, filled with political and economic developments that could drive volatility across currencies, equities, and commodities. From the German elections’ impact on the euro to the critical US PCE inflation data, traders and financial professionals will want to keep a close eye on these key […]
Daily Technical Analysis: EUR/USD Holds Above 1.0850 Amid US Growth Uncertainty
EUR/USD kicked off the week on a positive note, trading near 1.0860. The pair’s upward momentum is fueled by growing concerns over a potential slowdown in the US economy. On Sunday, San Francisco Fed President Mary Daly noted that rising uncertainty among businesses could weaken demand but does not warrant an immediate change in interest […]
Daily Technical Analysis: EUR/USD Rises Above 1.0400 Ahead of European Inflation Indicators
The EUR/USD pair experienced a strong rebound on Tuesday, gaining 1.4% and adding 140 pips in a single session. The decline of the U.S. dollar fueled the euro’s rise as markets speculated on the possibility that President Donald Trump might reconsider his tariff threats. Trade War Takes Center Stage In line with his unpredictable style, […]
Outlook for the Week of March 03 – 07
The financial markets are gearing up for a pivotal week ahead, filled with political and economic developments that could drive volatility across currencies, equities, and commodities. From the impact of the German elections on the euro to the critical U.S. PCE inflation data, traders and financial professionals will want to keep a close eye on […]
Daily Technical Analysis EUR/USD: Pair Rises Above 1.0400 Ahead of EU Inflation Data
The EUR/USD halted its three-day decline, trading near 1.0410. The pair’s recovery is supported by a softer US Dollar (USD) following the release of January’s Personal Consumption Expenditures (PCE) inflation data, which aligned with expectations and eased concerns about unexpected inflation spikes in the US. US Inflation Data Eases Market Worries The PCE inflation report […]
Daily Technical Analysis EUR/USD: Is an Upward Breakout Imminent?
The EUR/USD pair rose by 0.5% on Tuesday, surpassing the 1.0500 mark as it faced a key technical hurdle for the eighth consecutive session. Meanwhile, US consumer sentiment fell in February, raising concerns about a potential economic slowdown. Compounding market worries, former President Donald Trump reiterated his plans to impose steep import tariffs on American […]
Outlook for the Week of February 24-28
The financial markets are gearing up for a pivotal week ahead, filled with political and economic developments that could drive volatility across currencies, equities, and commodities. From the German elections’ impact on the euro to the critical US PCE inflation data, traders and financial professionals will want to keep a close eye on these key […]
Daily Technical Analysis: EUR/USD Strengthens Above 1.0450 Following Conservative Victory in German Elections
The EUR/USD pair is attracting buying interest near 1.0480 at the start of Monday’s session, advancing on optimism surrounding the German conservative victory. Traders are closely monitoring the final German election results. German Election Boosts Euro Initial exit polls indicated that the German opposition conservatives, the Christian Democratic Union (CDU) and its partner, the Christian […]
Dollar Stabilizes Amid Prospects of Ukraine Peace Talks and Trump’s Tariff Threats
The U.S. dollar was steady on Wednesday as traders weighed the potential impact of U.S.-Russia peace talks over Ukraine and a fresh tariff threat from President Donald Trump. By 07:20 ET (12:20 GMT), the U.S. dollar index, which tracks the greenback against a basket of other currencies, was up 0.1% at 107.21, reclaiming ground after falling 1.2% […]
Daily Technical Analysis EUR/USD: Pair Falls as Risk Appetite Improves While Trump’s Tariffs Fuel Uncertainty
Against the dollar, the euro is down by more than 0.30 percent heading into Tuesday’s end-of-session, weighed down by a return of positive sentiment in the market during the North American session, with the S&P 500 hitting a new record high. As of this writing, the EUR/USD pair is trading at 1.0445, below the opening […]