ECB’s Lagarde down-talked the hawkish tone which was perceived by Market on last Thursday ECB monetary policy pivot. Downbeat German Industrial production also weighed on the Euro. Challenges on the 0.50% Fed rate hike in March and the US- Japan trade deal weighs on the US dollar bulls. Euro seems under pressure against the [...]
Fed Officials hesitance in supporting the rate hike weighs on the US dollar. The recent news of Russia responding in writing to US eases the Russia - Ukraine tensions and favors the quote EUR/USD. Traders await for the ECB meeting on Thursday. Euro trades high against the greenback on Tuesday and is trading around [...]
EUR/USD is consolidating phase, firm Eurozone data underpins the move. Fed Hawkishness and the Merck's covid pill update boosts the risk- on mood in the market. Traders are keen to watch the speech from ECB’s Lagarde and Powell’s Testimony. Euro is in consolidating phase by erasing losses against greenback in Tuesday Asian session. Upbeat [...]
Euro is trading downside against the US dollar at the start of the week. The main driver of the EUR/USD pair may be the indecision over the next moves of the European Central Bank (ECB) and the US Federal Reserve (Fed). While the Market News Internation (MNI) cited sources to confirm further easy money policies [...]
