The week of June 16–20 could be pivotal for global markets as central banks take center stage. In the U.S., the Federal Reserve is expected to hold rates steady, but all eyes will be on Powell’s tone and the updated dot plot for clues on future cuts. In Europe, the Bank of England may strike […]
Daily Technical Analysis EUR/USD: Moderates Near 1.1550 Amid Escalating Israel-Iran Tensions
EUR/USD extends its decline for a second straight session, trading around 1.1540 during Monday’s trading hours. The pair remains under pressure as the US Dollar strengthens on the back of safe-haven demand, fueled by escalating geopolitical tensions in the Middle East. On Friday, Israel launched attacks on Iranian nuclear facilities and missile sites. In response, […]
Daily Technical Analysis EUR/USD: Flat as Traders Await U.S. CPI and U.S.–China Trade Developments
The EUR/USD pair remains stable during Tuesday’s session, trading around 1.1423, as markets await updates from U.S.–China trade discussions in London and the upcoming release of U.S. inflation data. Markets Monitor U.S.–China Talks and Economic Data Talks between Washington and Beijing entered their second day, with U.S. President Joe Biden calling them “productive.” However, investor […]
Outlook for the Week of June 09 – 13
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 […]