17 Mar 19 (Sun)
A Busy Week Ahead; Focus On The Fed Rate Decision EUR/USD: The US Dollar was under pressure after a modest miss on US CPI. The US Consumer Price Index rose 0.2% and 1.5% on a monthly and yearly basis, respectively. The Core-CPI ticked down to 2.1% annually from 2.2% recorded in January on the back of a 0.1% monthly increase and both readings came in slightly below the market expectations.
10 Mar 19 (Sun)
Pay Attention For US CPI Inflation This Week EUR/USD: The Euro was under pressure after the European Central Bank cut its growth forecasts and failed to convince markets with its plan for stabilizing the Eurozone economy. ECB kept rates unchanged and announced a new liquidity operation to support lending. ECB's Nowotny said details of TLTRO will be announced in June. ...
03 Mar 19 (Sun)
Get Ready For US Nonfarm Payrolls This Week! EUR/USD: The US Dollar traded higher against major currencies last week after upbeat reading for U.S. gross domestic product. The U.S. economy had grown by an annualized 2.6% in the fourth quarter and by over 3% for the full year for the first time since 2005. Looking ahead, all eyes will be on the ECB Monetary Policy and the US...
24 Feb 19 (Sun)
Next Up, Watch Out For Powell’s Testimony And The US GDP Number EUR/USD: Last week, the Federal Reserve meeting notes indicated that interest rates could still rise later in the year if the current uncertainty over the economy clears. The EURUSD pair could not break out the daily resistance level of 1.1355. In the upcoming week, the Fed Chair Powell testifies on the Semiannual Monetary Policy Repo...
17 Feb 19 (Sun)
Keep Your Eye On The Fed Minutes This Week EUR/USD: The US Dollar hit a three-month high against the Euro last week. The Euro was under pressure with signs of weaker eurozone economic growth. The Eurozone GDP growth was at 1.2% in the fourth quarter, down from 1.6% in the previous quarter and the slowest rate of growth in over three years. The US Consumer Price Index...
10 Feb 19 (Sun)
A Busy Week Ahead; US CPI Is In Focus EUR/USD: The Euro was under pressure last week by weak economic data and growing evidence of a slowdown in the Eurozone. The European Commission lowered its growth forecast for the Eurozone last Thursday, after notable reductions in estimates for all three of the largest economies in the region - Germany, France, and Italy. The EU now expects a growth...
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