ECBs Knox: Headline inflation seems to have peaked.
ECB Knot ECBs Knot is speaking and says: The EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. […]
EUR/USD holds at around 1.0860s as traders brace for the Fed and ECB’s decisions
The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for a Fed pivot. Consumer Sentiment improved, while inflation expectations ticked lower. EUR/USD Price Analysis: Upward biased, but short-term neutral, ahead of Fed and ECB’s decisions. The EUR/USD got rejected from the 1.0900 psychological barrier for two consecutive days and on […]
ECB’s Lagarde and U.S. Data in Focus for Euro Today, Turnaround Looming?
EUR/USD TALKING POINTS & ANALYSIS Key U.S. data to set foundation for next week’s rate announcements. Lagarde speech may not move markets as some may expect. Technical analysis suggests possible pullback on EUR/USD. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro lost some ground after yesterday’s better than expected […]
ECB’s Rehn sees reasons for ‘significant’ interest rate increases before summer
European Central Bank (ECB) Governing Council member and Governor of Austria’s central bank Olli Rehn made some comments on the central bank’s interest rates policy during his appearance over the weekend. He said that he sees grounds for “significant interest rate increases from the ECB this winter and the coming spring.” Market reaction EUR/USD is […]
ECB’s Knot: “Expect us to raise rates by 0.5% in February and March … to not be done”
Dutch central bank governor and hence a European Central Bank Governing Council member, Klaas Knot, gave two separate interviews on Sunday. He said, when speaking with Dutch broadcaster WNL: “Expect us to raise rates by 0.5% in February and March and expect us to not be done by then and that more steps will follow […]