EUR/USD Forecast Video for 10.03.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally during trading on Thursday but gave back early gains to show signs of hesitation. Ultimately,...
Tag: EURUSD
EUR/USD Forecast – Euro Pulls Back Again
EUR/USD Forecast Video for 08.03.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally during the trading session on Tuesday but gave back gains near the 1.07 level. The 1.07 level...
European Central Bank chief economist Lane says rate rises will continue after March
Philip Lane, the chief economist of the European Central Bank, said interest-rate rises will have to continue beyond the March meeting, when a 50 basis point rate hike is seen as almost 100% certain. ...
EUR/USD price forecast ahead of the end of the month flows
Today is the last trading day of the month, and volatility is poised to increase as we head into the American session. Throughout the month, the US dollar strengthened as a result of renewed inflation...
EUR/USD Weekly Forecast – Euro Gets Waxed
EUR/USD Forecast Video for 27.02.23 Euro vs US Dollar Weekly Technical Analysis The Euro has fallen rather hard during the course of the trading week, breaking below the 50-Week EMA. At this point, it...
EUR/USD Forecast – Euro Continues to Look at Support
EUR/USD Forecast Video for 24.02.23 Euro vs US Dollar Technical Analysis The Euro has gone back and forth during the trading session on Thursday, as we continue to hang around the 1.06 level. The 1.06...
EUR/USD Forecast – Euro Threatening Support
EUR/USD Forecast Video for 23.02.23 Euro vs US Dollar Technical Analysis The Euro has gone back and forth during the trading session on Wednesday, as we are sitting just above the 1.06 level. The area...
EUR/USD Forecast – Euro Continues to Hang Around Support
EUR/USD Forecast Video for 21.02.23 Euro vs US Dollar Technical Analysis The Euro has done very little during the trading session on Monday, as we continue to see a lot of hesitation around the 50-Day...
EUR/USD Forecast – Euro Starts to Fall Again
EUR/USD Forecast Video for 08.02.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally a bit during the trading session on Tuesday, but then rolled over to show signs of weakness a...
Why the 2023 stock market rally might depend on the U.S. dollar
The U.S. dollar may be losing its appeal as one of the few reliable safe-haven assets in times of economic and geopolitical uncertainty after an 18 month rally, and a further fall by the currency coul...
EUR/USD Weekly Forecast – Euro Gets Turned Around
EUR/USD Forecast Video for 06.02.23 Euro vs US Dollar Weekly Technical Analysis The Euro has rallied early during the week but gave back gains as we ended up forming a massive shooting star. Ultimatel...
EUR/USD Forecast – Euro Gives Up Early Gains
EUR/USD Forecast Video for 03.02.23 Euro vs US Dollar Technical Analysis The Euro initially shot higher during the trading session on Thursday but gave back gains rather quickly. By doing so, it shows...
EUR/USD Forecast – Euro Continues to Grind Back and Forth
EUR/USD Forecast Video for 26.01.23 Euro vs US Dollar Technical Analysis The Euro has gone back and forth during trading on Wednesday as it looks like we are running out of momentum. Whether or not th...
When is the US inflation data and how will it impact EUR/USD?
The EUR/USD exchange rate drifted upwards as focus shifted their focus on the upcoming US inflation data. It was trading at 1.0750, the highest point since June 9 of 2022. The euro has surged by more ...
EUR/USD price forecast amid euro area annual inflation dropping to 9.2%
Last Friday, while everyone waited for the Non-Farm Payrolls report to be released in the United States, one piece of economic data from Europe mattered more for euro traders. That is, the CPI Flash E...
The U.S. dollar surrendered its status as the world’s premier safe haven in Q4. Here’s how.
The U.S. dollar’s status as one of the few dependable safe havens for investors during this year’s market mayhem started to erode during the fourth quarter, even as the greenback posted its biggest ye...
2 fundamental reasons to buy the EUR/USD in 2023
EUR/USD is the most liquid currency pair on the FX market. Also, it is the most popular one among retail traders. A currency pair reflects the difference between the two monetary policies of the centr...
ECB slows rate hikes, but signals it’s far from done
The European Central Bank delivered a half-point rate increase Thursday, slowing the speed of its monetary tightening after a pair of larger rate moves. But policy makers emphasized that market partic...
EUR/USD price forecast amid the ECB’s hawkish pivot
The European Central Bank (ECB) announced earlier today that it had raised the key interest rates by 50bp, very much in line with market expectations. Because it is a slower rate hike than the previou...
EUR/USD got rejected at 1.05, but for how long?
One of the main market moves in the last couple of months was the EUR/USD rallying from its 2022 lows. Since the start of October, the leading currency pair is up by about 1,000 pips, trading near 1.0...
6 drivers of EUR/USD exchange rate in 2022 according to the ECB
The EUR/USD is the main currency pair of the FX dashboard, both by the volume traded and its popularity among retail traders. The exchange rate jumped almost one thousand pips in the last couple of mo...
EUR/USD price forecast after the latest US inflation report
The story of the week, and perhaps of Q4 2022, is inflation cooling off in the United States. Higher inflation drove the US dollar higher for most of the year, and each report disappointed. Until yest...
U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of partn...
EUR/USD price prediction as the euro regains parity with the dollar
The EUR/USD exchange rate recovered the lost ground and bounced back above parity. It found support at the round number today before making another leg higher on an important day for market participan...
EUR/USD to lose momentum after the recent bounce
The current economic situation of the Euro region The EU economy is anticipated to continue expanding, although at a significantly slower rate than predicted in the Spring 2022 Forecast. The rating a...
Where is EUR/USD heading? Elliott Waves says much higher
The euro, and the EUR/USD in particular, is squeezing higher. It crossed above parity today after rallying from as low as 0.96 and remains bid. The rally is more surprising as few have predicted such ...
EUR/USD price prediction: is another move above parity possible?
The US dollar is king in 2022. Every financial market is affected by the dollar’s strength, and the Fed is in the driving seat. But even with the dollar trading at its yearly highs and the Fed expecte...
Is the EUR/USD decline over? Investors should think outside the box
As we approach the end of the trading week and month, EUR/USD bounced from the lows. It rallied two big figures yesterday (i.e., 200 hundred pips), without any particular reason. Sure enough, stocks i...
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Former U.S. Tre...
Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.
It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar keeps soaring versus its rivals, according to market analysts. Global stocks suffered a bruisin...
EUR/USD: Is a bottom in place?
Europe and the euro are in trouble. How else can anyone call the circumstances, given Russia’s invasion of Ukraine, the ongoing energy crisis, or the upcoming Italian elections? All these factors, and...
Why the ECB’s jumbo rate hike isn’t helping the beaten-down euro
The European Central Bank went big on Thursday, delivering a historically outsize 75 basis-point interest rate increase in its effort to get a grip on record inflation. Yet the euro, after a brief bou...