Euro (EUR/USD) Latest – The Bullish Trend Remains in Place as the ECB Talks Tough
EUR/USD Price, Chart, and Analysis ECB ramps up the hawkish rhetoric. EUR/USD benefits from ongoing US dollar weakness. Recommended by Nick Cawley Get Your Free EUR Forecast The European Central Bank is not for turning and will continue to raise interest rates, and keep them there for long enough, ‘so that we can return inflation […]
Why Oil Prices Have Been All Over the Place
The price of crude has been on something of a roller-coaster since the start of the year. From a sudden drop in the first days of January, it climbed through the third week, only to have a hard drop a couple of days ago. Naturally there have been news events that have driven these moves, […]
A test of 1.0900 remains well in place
EUR/USD sees its recent strong advance momentarily halted. The resumption of the bullish bias should target the 1.0900 level. EUR/USD comes under pressure soon after hitting fresh 9-month peaks around 1.0870 on Friday. Despite the ongoing knee-jerk, bulls remain well in control of the mood around the pair for the time being. Against that, further […]
The 10 year yield has a floor in place
The US 10 year yield moved to a new year low at 3.417%. That took the yield just below the 50% of the move up from the August 2022 low at 3.426%, but remained above the December low yield of 3.404%. US 10 year yields ping ponging in a 50 bp range The combination is […]