EUR/USD Fall Accelerates As FED and ECB Rate Cut Outlook Diverges
The rate of EUR to USD had declined by more than 2 cents this week, as the interest rate projections for the FED and ECB start to diverge. Full Article
EUR/USD Tests 1.07 After ECB Mentions Rate Cuts
EUR/USD tumbled 150 pips lower yesterday following the strong US CPI inflation but stalled at 1.0720s. Today the ECB has sent it below 1.07. Full Article
2 FED Interest Cuts for 2024 After FOMC Minutes and US March CPI
Yesterday the strong CPI inflation for March report took all the shine, sending the USD higher, but the FOMC minutes added to USD strength Full Article
Euro to Dollar Rate to Fall to 1.06 If the ECB Announces A June Rate Cut
The Euro to Dollar rate fell 1.05 cents yesterday after US CPI inflation and will likely head to 1.06 if the ECB announces a June rate cut. Full Article
USD to CAD Rate 1.5 Cent Higher After Dovish BOC Policy Decision
The USD to CAD exchange rate has surged 1.5 cents as the Bank of Canada starts to give dovish signals, pointing to rate cuts soon. Full Article
JPY to USD Finally Breaks Above 152, After Hot US CPI Inflation
The rate of JPY to USD keeps weakening, as USD/JPY pushes higher, breaking the all-time high at 152 after strong March US CPI inflation. Full Article
What to Expect from the US CPI Inflation and Implications for the USD!
Today we have two major central bank meetings and the FOMC minutes, but the US CPI inflation will likely steal the show in a while. Full Article
Where Is NZD/USD Headed After the RBNZ?
NZD/USD has been declining in 2024, but it reversed higher above 0.60, closing yesterday at 0.6070 ahead of the RBNZ meeting. Full Article
USD Giving Signs of Life – What Does the Dollar Has Going for Itself?
The US Dollar has shown some resilience in 2024, but it has been retreating for a week. But, what are the upsides for the USD? Full Article
USD to Resume Uptrend as Markets Expect 2-3 FED Interest Rate Cuts
At the end of 2023, traders were anticipating up to 6 FED interest rate cuts in 2024, but they have been reduced to just 2 or 3 cuts now Full Article
Where Do FED Rate Cut Expectations Stand After the NFP?
The NFP report was strong which sent the USD 60 pips higher, but the reversal back down was quite as fast Full Article
Remaining Bullish on EUR/GBP As EU Services Start to Expand Again
EUR/GBP has turned bullish this week as the Eurozone and German economy and particularly services give positive signals. Full Article
Bullish Day for EUR/USD Despite ECB Minutes Solidifying A June Rate Cut
The rate of EUR to USD has been increasing this week, sending EUR/USD 1.50 cents higher from the lows despite the ECB minutes indicating... Full Article
Gold Price Within Reach of $2,300 After Powell’s Comments
XAU/USD continues to show resilience, with the Gold price approaching $2,300 as I write as the USD turns softer. Full Article
EUR to GBP Rate Steady in A 1-Cent Range After the EU CPI
The rate of EUR to GBP continues to consolidate in a 1 cent range as BOE and ECB are keeping EUR/GBP bouncing between 0.65 and 0.66. Full Article
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