Fundamental view: The Euro initially rallied during the course of the week to reach a high of 1.2266 but then ran into to selling price. Financial markets rotated around US inflation expectations and their possible effects on the current monetary policy. However, Federal Reserve officials succeeded in cooling hopes for a soon-to-come tightening, leaving speculative [...]
Fundamental view: The Euro has rallied during the last week and reached 1.22 level , this is because of the speculation that the Fed will have to tighten its ultra-loose monetary policy sooner than anticipated. Federal Bank chief Jerome Powell has repeated multiple times that the current policy will remain in place until they see [...]
Fundamental view: The Euro initially fell during the starting of the week but later gained some strength against greenback. The reason behind that is the news - Federal Reserve is going to have to tighten its monetary policy much sooner. And the people began to reevaluate the situation as the Federal Reserve has been plain in its [...]
Fundamental view: EUR/USD trades around 1.2171 in the end of the week which has recovered all of the previous week´s losses and reached its monthly high at 1.2171. This is all because of the disappointing US employment report which has fueled the dollar’s sell-off at the end of the week, as the numbers confirmed the [...]