EUR/GBP gains traction above 0.8700, eyes on Eurozone, UK PMI data

[ad_1] Share: EUR/GBP holds positive ground around 0.8720 ahead of Eurozone, UK key data. ECB President Christine Lagarde said the discussion about rate cuts is premature. BoE Governor Andrew Bailey stated that the Middle East conflict could add to the risk that inflation could go back up. Traders will closely monitor the Eurozone

Moderate upside potential – Commerzbank

[ad_1] Share: Economists at Commerzbank expect the EUR/CHF pair to enjoy modest gains next year. Scope for a stronger Franc again in 2025 We see a moderate depreciation of the Franc against the Euro next year.  The EUR should benefit from the fact that market expectations regarding interest rate cuts in the Eurozone

Eurozone CFTC EUR NC Net Positions up to €108.9K from previous €89.1K

[ad_1] Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making

It’s Time for Eurozone Inflation

[ad_1] EUR/USD ANALYSIS All eyes now shift to eurozone CPI to round off the week. ECB President & Fed speakers under the spotlight later today. EUR/USD finds resistance at overbought zone. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market

Eurozone Q3 GDP second estimate -0.1% vs -0.1% q/q prelim

[ad_1] No change to the initial estimate as this just reaffirms that the euro area economy contracted marginally in the last quarter. This article was written by Justin Low at www.forexlive.com. [ad_2] لینک منبع : هوشمند نیوز

EUR/GBP to tick back below the 0.87 level in the weeks ahead – Rabobank

[ad_1] Share: Economists at Rabobank analyze GBP outlook against USD and EUR.  Potential for further downside risks to Cable In view of downside risks to global growth, we expect the USD to remain well supported in the coming months as subdued levels of risk appetite underpin safe-haven assets. This suggests potential for further

Consolidates below the 1.0700 mark, eyes on Eurozone GDP data

[ad_1] Share: EUR/USD consolidates in a narrow trading range near 1.0685 on Monday. The pair holds above the 50- and 100-hour EMAs; the RSI indicator shows a non-directional movement. The immediate resistance level is seen at 1.0718; 1.0655 acts as an initial support level. The EUR/USD pair oscillates within a narrow trading range