Upcoming ECB Minutes to Augment Hawkish Bets?
EUR/USD ANALYSIS ECB in focus today – market looking for guidance. Dollar weakness has been a pillar of strength for the euro, will this continue? Long wick candles and bearish divergence could be signs of euro fatigue. Recommended by Warren Venketas GET YOUR COMPREHENSIVE EURO Q1 FORECAST! EURO FUNDAMENTAL BACKDROP The euro has been receiving […]
ECB President Lagarde speaking Thursday. Also board member Knot speaks on crypto.
Ahead for the Europe/UK session on Thursday, 19 January 2023, the European Central Bank’s Lagarde and Knot 1030 GMT (0530 US ET) Participation by ECB President Christine Lagarde in a panel at Stakeholder Dialogue “Finding Europe’s New Growth” during the World Economic Forum in Davos 1400 GMT (0900 US ET) Dutch central bank chief Klaas […]
Is the ECB Done With the Hikes?
The Euro was underperforming yesterday after press reports that the ECB was planning to hike by 25bps in March. That’s quite a long time away, and it’s just a rumor. But it could have an outsized impact on the shared currency for a couple of reasons. We could see a shift in tone ahead of […]
ECB policymakers starting to consider a slower pace of interest-rate hikes
ECB policymakers are starting to consider a slower pace of interest-rate hikes after a likely 50 basis-point step in February, sources say as reported by Bloomberg. “The rapid energy-driven decline in headline inflation is giving the ECB a bit of breathing space, but policymakers will remain focused on persistent underlying pressures for now. If, as […]
EUR/USD remains sideways around 1.0830 amid ambiguity in risk profile, US PPI eyed
EUR/USD is in a rangebound territory as solid yields are weighing on risk-perceived currencies. The release of the US PPI will provide more cues about inflation projections. According to Bloomberg’s poll, the ECB is expected to find an interest rate peak at 3.25%. The EUR/USD pair has continued to trade rangebound near 1.0830 in the […]
Reversal to 140.00 looks possible ahead of BOJ policy
EUR/JPY has managed to retreat back into the consolidation area placed in a range of 138.84-143.00. The cross has picked strength as anxiety among investors soars ahead of BOJ policy. A range shift by the RSI (14) into the 40.00-60.00 from the bearish territory indicates that the downside momentum has faded, The EUR/JPY pair has […]
EUR/USD refreshes eight-month high above 1.0870 as risk profile soars, US PPI in focus
EUR/USD has refreshed its eight-month high above 1.0870 amid a positive risk-impulse. Volatility in the USD Index has escalated as the appeal for safe-haven assets has dropped. After slowing the extent of the interest rate hike to 50 bps, the Fed is expected to trim rate hike pace further to 25 bps. The EUR/USD pair […]
Week Ahead: Highlights include US retail sales, China data, ECB minutes, UK data
Week Ahead January 16-20th: Highlights include US retail sales, China activity data, ECB minutes, UK data MON: Eurogroup Meeting; Chinese GDP (Q4), House Prices, Industrial Output & Retail Sales (Dec). TUE: OPEC MOMR; German Final CPI (Dec), UK PPI (Nov), Unemployment (Nov), German ZEW (Feb), Canadian CPI (Dec), Australian Consumer Sentiment (Jan). WED: UK CPI […]
Headline inflation expected to fall to 2% target in 2H 2025 – ECB economic bulletin
> Headline inflation expected to fall to 2% target in 2H 2025 – ECB economic bulletin The ECB releases its economic bulletin for December Justin Low Thursday, 12/01/2023 | 09:15 GMT-0 12/01/2023 | 09:15 GMT-0 Inflation is expected to decline from an average of 8.4% in 2022 to 6.3% in 2023 Inflation is then expected […]
Dollar, euro hold firm ahead of U.S. inflation, ECB in focus By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Joice Alves LONDON (Reuters) – The U.S. dollar and euro held firm on Wednesday as traders assessed European Central Bank’s latest statements and waited to see whether data due this week will confirm that U.S. inflation […]