25 Nov 18 (Sun)
Keep Your Eye On The Fed Minutes And US GDP Growth! EUR/USD: The EURUSD pair showed a downward movement and closed last week below the daily level of 1.1367. The Euro was under pressure with signs of weaker eurozone economic growth. The Eurozone business growth slowed this month, due to a sluggish global economy and an ongoing United States-led trade war. In the upcoming week, the FOMC Meeting Notes and GDP Growth wil...
18 Nov 18 (Sun)
ECB Meeting Minutes Are In Focus: Will EUR/USD Break Out 1.1446? EUR/USD: The EURUSD pair showed an upward movement after hitting the 16-month low level last week. If we look at last Wednesday’s US consumer price index; it rose 0.3% last month, picking up from the 0.1% increase seen in September. In the 12 months through October, inflation rose 2.5%, in line with expectations and up from 2.3% in September. Upbeat econ...
11 Nov 18 (Sun)
Will The EUR/USD Selling Pressure Continue? EUR/USD: The US Dollar extended gains versus the Euro after last week’s FOMC Monetary Policy Meeting. The EURUSD pair found sellers from the resistance level of 1.1446 and then closed the week below the 1.1367 daily level. The Fed kept interest rates unchanged at 2.25%, as expected. However, the Federal Reserve appeared poised...
04 Nov 18 (Sun)
Next Up, FOMC Meeting and US Midterm Elections: What To Expect From The FED EUR/USD: The US Dollar showed an upward movement against major currencies last Friday after the US job creation came out better than the market’s consensus in October. US Non-Farm Payrolls printed at 250k, well above 194k eyed. While the unemployment rate was unchanged at the 49-year low of 3.7%. Additionally, the...
28 Oct 18 (Sun)
Will USD Continue To Rise On Payrolls Data? EUR/USD: The Euro dropped significantly after last week’s European Central Bank Rate Decision. The ECB held rates steady at 0% as expected. The ECB also confirmed that its €15 billion in monthly asset purchases was still on track until the end of December, but it doesn’t mean other programs won't start up.
21 Oct 18 (Sun)
Next Up, Will The ECB Meeting Support Euro? EUR/USD: The EURUSD pair showed a bearish action last week after the Fed Meeting Minutes were published. The Federal Reserve stated it will gradually raise interest rates as the upbeat economic data continued and inflation remained within its target range. The Fed said the GDP appeared to be rising at a strong rate in the third quarter, similar to its pac...
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