12 May 19 (Sun)
Watch Out For Eurozone Economic Data This Week EUR/USD: US Consumer Prices picked up slightly in April. The US Consumer Price Index rose 2.0% from a year ago, while core inflation, that excludes volatile food and energy costs, increased 2.1%. Additional, the US Producer Prices rose in April, but the annualized reading unexpectedly held steady at 2.2%. Muted inflation has been key to stopping any further interest rate hikes...
05 May 19 (Sun)
U.S.-China Trade Talks and US CPI Are In Focus This Week EUR/USD: Last Friday, the US economy generated a stronger than expected 263K new jobs in April, helping to drive down the unemployment rate to a 49-year low of 3.6%. The jobless rate slid from 3.8% in March to hit the lowest level since December 1969. Other details of the report showed that the wage inflation, as measured by the average hourly earnings, rose 0.2% on a month.
28 Apr 19 (Sun)
Why Is This Week So Important For USD? EUR/USD: The US Dollar reached near a two-year high versus the Euro last week. Economic growth in the US unexpectedly accelerated in the first quarter. The US Gross Domestic Product registered a seasonally adjusted annual rate of 3.2% growth in the first three months of 2019, above expectations for a reading of 2.0% and an increase from 2.2% in the final three months of las...
21 Apr 19 (Sun)
Keep Your Eye On The US GDP Growth This Week! EUR/USD: A sharp drop in the Euro supported the US dollar last week. The EURUSD pair broke down 1.1285 and then moved down towards the daily support level of 1.1219. Concerns that the Eurozone Economy is slowing were strengthened in after weaker-than-expected manufacturing reports from Germany and France. Looking ahead, there’s a wave of economic data coming out this week. F...
14 Apr 19 (Sun)
What To Watch For This Week! EUR/USD: The European Central Bank left interest rates on hold as expected Last Wednesday, as policymakers continue to evaluate whether its most recent stimulus is enough to offset downward pressure on growth. At the March meeting minutes of the FOMC, a majority of Federal Reserve policymakers were adamant that the central bank should continue to keep monetary policy tightening on hold for th...
07 Apr 19 (Sun)
All Eyes Will Be On The ECB Policy Decision And FOMC Minutes EUR/USD: March US Payrolls surged by 196K but Wage Growth was disappointing. US Nonfarm Payrolls rose by 196K in March, above consensus expectations for 175K. The jobless rate held steady at 3.8%, in line with consensus. However, Wage inflation grew 3.2% on an annualized basis, slowing from the prior month’s reading of 3.4%. A busy week ahead, we will focus on...
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