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Upbeat rba lifts aud/usd; ecb hikes rates, euro dips

EUR/USD – The shared currency soared to a high at 1.1048 after the ECB hiked interest rates by 25 basis points. On Friday, the Euro opened at 1.1018...

May 8, 2023, 12:59 am

Euro to dollar rate: eur tipped to hit 1.18 vs usd by 2024 say socgen

Despite Euro setbacks at time due to excessive long positions, it expects the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.18 at the en...

May 6, 2023, 11:29 am

Ubs raises expectations for ecb's terminal rate; socgen sees it peaking at 4%

FULL STORYEconomists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees it at 4% after the Europe...

May 5, 2023, 10:35 am

@newsquawk's europe market open: bank-related headwinds in focus ahead of us nfp

@Newsquawk's Europe Market Open: Bank-related headwinds in focus ahead of US NFPKey Points:APAC stocks traded mixed after the weak lead from the US wh...

May 5, 2023, 5:52 am

Euro shrugs cpi release, traders turn cautious ahead of key events

Forex traders are probably starting to put up guards ahead of the key events in FOMC rate tomorrow, ECB on Thursday, and NFP on Friday. Australian Dol...

May 2, 2023, 12:33 pm

Icymi: china printed a miserable manufacturing pmi result for april, back into contraction

China's National Bureau of Statistics (NBS) published April PMIs over the weekend. I posted the results here:Monday morning open levels - indicative f...

April 30, 2023, 8:15 pm

Monday morning open levels - indicative forex prices - 01 may 2023

On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online. Prices are liable to swing around on not too m...

April 30, 2023, 8:02 pm

Euro slips on downbeat german q1 gdp

That is seeing the euro get dragged down to the lows for the day with EUR/USD hitting 1.0985, down 0.4% now. Meanwhile, EUR/JPY is also off its earlie...

April 28, 2023, 8:09 am

Eur/usd corrects gains while usd/chf signals upside break

EUR/USD started a downside correction from the 1.1070 resistance. USD/CHF is rising and might aim for more gains above the 0.8930 resistance. Importan...

April 26, 2023, 8:29 am

Market analysis: eur/usd corrects gains while usd/chf signals upside break

EUR/USD started a downside correction from the 1.1070 resistance. USD/CHF is rising and might aim for more gains above the 0.8930 resistance.Important...

April 26, 2023, 7:08 am

Eur/usd price analysis: dribbles within key sma envelope below 1.1000 ahead of us durable goods orders

However, a clear downside break of the 1.0955 support confluence, encompassing the 100-SMA and the aforementioned trend line, becomes necessary to con...

April 26, 2023, 4:44 am

Europe etf (fez) hits new 52-week high

For investors seeking momentum, SPDR EURO STOXX 50 ETF FEZ is probably on radar. The fund just hit a 52-week high, and is up 54.93% from its 52-week l...

April 25, 2023, 8:24 am

Eur/usd eyes additional gains above 1.1000

Key Highlights EUR/USD is holding gains above the 1.0920 support. A key bullish trend line is forming with support near 1.0965 on the 4-hour chart. GB...

April 24, 2023, 3:45 am

Eur/usd – euro steady after mixed pmi reports, us pmis next

Services PMIs showed stronger expansion in the eurozone Manufacturing PMIs indicated a stronger decline US PMIs follow later today PMIs point to stron...

April 21, 2023, 12:49 pm

Eur/usd – euro slips as eurozone inflation slides

Eurozone inflation fell to 6.9%, while the core rate rose to 5.7% Goldman Sachs expects ECB rate hike in May EUR/USD has fallen 0.50% and is trading a...

April 19, 2023, 12:13 pm

Eur/usd – euro slips as eurozone inflation slides

Eurozone inflation fell to 6.9%, while the core rate rose to 5.7% Goldman Sachs expects ECB rate hike in May EUR/USD has fallen 0.50% and is trading a...

April 19, 2023, 11:48 am

Eur/usd struggles below 1.1000 while usd/jpy aims higher

EUR/USD started a downside correction from the 1.1075 resistance. USD/JPY is rising and might rally further above the 134.30 resistance. Important Tak...

April 19, 2023, 9:50 am

Eur/usd dips but key uptrend support intact

Key Highlights EUR/USD extended gains above 1.1000 before the bears appeared. A key bullish trend line is forming with support near 1.0940 on the 4-ho...

April 17, 2023, 4:17 am

Eur/usd price analysis: extends pullback from one-year high to 1.0970 horizontal support

Bearish MACD signals join downside break of previously key horizontal support, one-week-old ascending trend line to favor Euro sellers. EUR/USD remain...

April 17, 2023, 12:59 am

Eur/usd weekly forecast – euro starting to get a little overstretched

The Euro initially fell during the week, but then turned right back around to show signs of strength again. We broke above the 1.10 level, only to get...

April 14, 2023, 2:50 pm


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