The euro falls to $1.0630 after the ECB distances itself from the Fed.
ECB President Christine Lagarde distanced the bank from the Fed, stating that they rely on data rather than the Fed's decisions. Full Article
The euro surpasses $1.08 after inflation falls in the eurozone.
During the session, it was reported that the year-on-year inflation rate in the eurozone fell by two tenths in March, to 2.4%. Full Article
NFP Numbers Interrupt the Bullish Euro and SPX Trend
NFP data released today gave a bullish surprise for the US dollar. The expected number was 200k, and the actual release printed at 275k Full Article
DXY US Dollar Index Declines 5th Session in a Row
The DXY declined for a fifth consecutive trading session, the Fed’s pivot point and poorer than expected data fulling the drop. Full Article
EUR/USD Symmetric Triangle Pattern – Choppy Sessions in Play!
The EUR/USD is trading at 1.2208 level after bouncing off over 1.2150 level, the support area which is extended by an upward trendline. On the higher side, the pair may find resistance at 1.2230 and 1.2269 areas. However, a bearish breakout of the 1.2175 level can extend the selling trend until the 1.2130 mark. Neutral bias dominates the market. Full Article
Forex & Commodities Trading Levels to Trade US NFP Today
Forex & Commodities Trading Levels to Trade US NFP Today Full Article
Daily Briefing, Aug 8: Economic Events Brief – ECB Economic Bulletin Ahead
The market is bit quiet, following the same risk-off sentiment as investors don't have fresh fundamentals to trade. The U.S. dollar’s... Full Article
Daily Briefing, July 10 – UK GDP, BOC Policy & Fed Testimony in theLimelight
Here comes a big day, the economic docket is fully loaded with high impact economic catalysts from the UK, US and Canadian economies Full Article
UK & Eurozone Services PMI Exhibit Mixed Outcome
Spanish PMI surged to 53.6 beatings the forecast of 52.7. Spain's services marketplace grew at a faster rate during June, backed by.... Full Article
Deadline for Tariffs on EU Cars Could Get Extended
Europe is hoping that the May 18 deadline for imposing tariffs on EU cars exported to the US markets gets extended because of the US-China t Full Article
German Industrial Orders Post a Turnaround After Two Months’ Decline
'Made in Germany' goods' contracts rose by 0.6 percent while expectations were for a 1.5 percent rise. Full Article
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