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 […]
Outlook for Week of January 27 – 31
Key Points to Watch Out For: Fed Expected to Pause Rate Cuts as Trump’s Second Presidency Begins The Federal Reserve will take the spotlight this week, as it convenes for its first monetary policy meeting of the year. While the European Central Bank (ECB) and the Bank of Canada are expected to continue easing, the […]
Daily Technical Analysis EUR/USD: Trading Below 1.0500 Amid US Dollar Recovery from Monthly Lows
The US dollar gained strength following the release of mixed data from the US Purchasing Managers’ Index (PMI). Uncertainty surrounding the impact of President Donald Trump’s trade and immigration policies has further supported the Federal Reserve’s cautious approach to cutting interest rates in 2025. US PMI Data Highlights Mixed Signals Data from S&P Global on […]
Daily Technical Analysis EUR/USD: Rises at a Slow Pace as Trade News Takes Center Stage
The EUR/USD pair moved within a narrow range on Tuesday, oscillating near the 1.0400 level as the Fiber struggled to establish a clear direction. Both European and U.S. economic data remain sparse this week, with investor sentiment heavily influenced by the unpredictable rhetoric surrounding trade policy from newly inaugurated U.S. President Donald Trump. Throughout the […]
Outlook for the Week of January 20–24
Key Points To Watch Out For: This week promises significant market developments, starting with Donald Trump’s inauguration on Monday, January 20, and culminating in the Bank of Japan’s interest rate decision on Friday. Additional key events include inflation data releases from Canada and New Zealand, PMI updates from the Eurozone and UK, and the highly […]
Daily Technical Analysis: EUR/USD Approaches 1.0300, But Upside Remains Limited Ahead of Trump’s Inauguration
The EUR/USD shows signs of recovering from losses recorded in the previous session, trading near 1.0280. However, the pair’s upward momentum remains constrained as market caution prevails ahead of President-elect Donald Trump’s inauguration later in the day. U.S. markets will remain closed on Monday in observance of Martin Luther King Jr. Day. Concerns over Donald […]
Daily Technical Analysis EUR/USD: Looks Up From Lows Amid CPI Data
The EUR/USD managed an intraday rally on Tuesday, climbing more than 0.8% on the day, as optimism emerged among euro buyers regarding a potential deal in France that could avert a governmental collapse. Market sentiment improved further, fueled by Fib buying after the U.S. Producer Price Index (PPI) inflation showed a much slower rise than […]