Key Points to Watch Out For: Could the Minutes Confirm the Fed’s Commitment to a Hardline Policy? The US dollar started last week on strong footing after Trump announced 25 percent tariffs on imported steel and aluminum, emphasizing his intention to impose reciprocal tariffs on all countries that place tariffs on the United States. Then, […]
Daily Technical Analysis EUR/USD: Below 1.0500 After a Winning Streak
EUR/USD paused its four-day winning streak, hovering around 1.0490 during Asian trading hours. Liquidity may remain thin in the North American session as all major U.S. financial markets will be closed on Monday for Presidents’ Day. The pair has recently gained momentum as the implementation of U.S. President Donald Trump’s reciprocal tariffs is taking longer […]
Daily Technical Analysis EUR/USD: Gaining Strength as Markets Trend Upward
The EUR/USD recovered after three consecutive days in the red and closed above 1.0350, as market flows shifted, turning investors away from the dollar as a safe haven and boosting overall confidence. US President Donald Trump’s new tariff threats appear to be largely ignored by the markets, while Federal Reserve Chairman Jerome Powell has reiterated […]
Outlook for the Week of February 10-14
Key Points to Watch Out For: Trump Stirs Up Markets with His Tariff Measures With the first central bank decisions of 2025 now behind us, this week is expected to be calmer. However, there is still plenty for investors to anticipate, with the all-important US CPI report on the agenda. This does not mean, of […]
Daily Technical Analysis : EUR/USD Holds Near 1.0300 Amid Trump’s Tariff Threats
While US Treasury yields continue to climb, the US counterpart remains resilient, prompting both the USD and prices to push higher. EUR/USD has ceded ground for the third consecutive session, with the pair trading around 1.0310 on Monday. The pair is under pressure as investors anticipate a widening interest rate gap between the US and […]
Dollar on a Tightrope, The Euro Gains Despite Disappointing PMI
The US dollar fell on Wednesday, trading defensively following the Trump administration’s agreement with its neighbors, Canada and Mexico, to delay tariffs. Meanwhile, the euro gained despite weak regional services activity data. The dollar index, which analyzes the evolution of this currency in comparison to a basket of six other major currencies, was trading down […]
Daily Technical Analysis EUR/USD: It Recovers as Market Pressures Diminish
EUR/USD posted a modest 0.8% gain last Tuesday, attempting to recover after six consecutive days of losses. However, the pair has yet to establish itself above 1.0400. Bullish momentum remains limited, as it is still exposed to overall market sentiment and the upcoming U.S. Non-Farm Payrolls (NFP) report, which will be released at the end […]
Outlook for the Week of February 3 – 7
Key Points To Watch Out For: At the Expense of Tariffs The US dollar recovered last week, confirming that the recent decline, triggered by speculation that Trump might adopt a more flexible stance on tariffs, was merely a corrective phase. Tariffs remained the main driver, and last Wednesday’s Federal Reserve decision added further fuel to […]
Daily Technical Analysis EUR/USD: Falls to 1.0200, Multi-Week Low Due to Tariffs
During the early hours of Monday, the EUR/USD currency pair witnessed a significant decline, falling to the 1.0200 area, marking a three-week low. This movement brings spot prices dangerously close to the two-year low established in January, leading some investors to question whether the pair is entering a prolonged downtrend that has persisted for several […]
Daily Technical Analysis EUR/USD: Setbacks on the Eve of the Federal Reserve Interest Rate Meeting
The EUR/USD pair trimmed its gains of recent weeks on Tuesday, losing six-tenths of a percent and retreating slightly toward the 1.0400 level, as markets brace for another Federal Reserve meeting on Wednesday. Markets overwhelmingly expect the Fed to keep interest rates steady in January, although investors will be watching not only Fed Chairman Jerome […]