Japanese Yen Prices, Charts, and Analysis USD/JPY – The short-term high may already be in place. EUR/JPY – UK jobs and growth data will likely drive this pair. Bank of Japan (BoJ) – Foreign Exchange Market Intervention The Japanese Yen pushed higher in Asian trade after Bank of Japan governor Kazuo Ueda suggested that the
Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The US Dollar absolutely crushed it against its major counterparts this past week. In fact, the Euro confirmed its 8th weekly loss against the Greenback, matching an identical losing streak back in 2014. A 9th disappointment would mean the longest monthly losing streak since 1997! But,
Growth is slowing fast, and inflation remains far above target in both the Eurozone and the UK. Second round effects are now dominating the inflation trajectory. With demand across the services sector also slowing, the room for companies to pass on higher costs is diminishing. Policy settings are already restrictive, and the room for additional
EUR/USD ANALYSIS EUR struggles to capitalize on recent Fed speak. US CPI and ECB rate decision the key risk events for next week. Falling wedge breakout could bring some hope for euro bulls. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro is back on the defensive this Friday after
Euro, EUR/USD, US Dollar, Treasury Yields, ECB, Knot, EU Inflation, Crude Oil – Talking Points The Euro held firm again today as the US Dollar pauses in its climb Australia and China missed estimates on their respective trade surpluses Market pricing of an ECB hike might be questioned. Would it boost EUR/USD? Recommended by Daniel
While the US and Canada are out on holiday today: the UK and Europe are open as normal. There are European Central Bank speakers on the agenda as follows: 1330 GMT, 0930 US Eastern time: Speech by ECB President Christine Lagarde at the Distinguished Speakers Seminar organised by the European Economics & Financial Centre 1400
© Reuters. U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Samuel Indyk LONDON (Reuters) – The euro fell on Thursday as traders trimmed bets on a rate hike from the European Central Bank in September after comments from influential German policymaker Isabel Schnabel and a moderation
Share: EUR/JPY takes offers to refresh intraday high while reversing from multi-year high. Nine-week-old ascending resistance line restricts immediate upside amid sluggish MACD. Convergence of 10-DMA, monthly support line joins upbeat RSI to keep buyers hopeful. Upbeat Eurozone CPI, HICP data for August can bolster hawkish bias about ECB and restore upside. EUR/JPY