US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: USD boosted by higher for longer Fed rates after hawkish FOMC projections. EUR/USD and GBP/USD are testing quite strong support; AUD/USD has retreated from key resistance. What’s next for EUR/USD, GBP/USD, and AUD/USD? Recommended by Manish Jaradi New to FX? Try this link for
It is FOMC day with the expectation for no change in policy by the US central bank. The focus will be on the details of the dot plot and central tendencies along with the statement in the Q&A from Chair Powell. Traders can have their bias, but with the Fed thought to be a crossroads
Euro (EUR/USD, EUR/GBP) Analysis Markets Await the Fed’s Summary of Economic Projections for Clues The euro has recovered a large portion of losses against the dollar, as markets look to the updated quarterly forecasts known as the summary of economic projections for clues. EUR/USD dropped immediately after the ECB decided to hike interest rates, for
EUR/USD FORECAST: EUR/USD trades largely directionless on Tuesday, moving between small gains and losses ahead of the Fed’s announcement The FOMC is set to unveil its September policy decision on Wednesday. No interest rate changes are expected, but the bank will release the eagerly-awaited “Summary of Economic Projections” This article analyzes possible scenarios for the
Euro Vs US Dollar, Japanese Yen, British Pound – Outlook: EUR/USD looks deeply oversold as it tests strong support. EUR/GBP is attempting to break above a minor resistance; EUR/JPY looks heavy. What is the outlook and the key levels to watch in key Euro crosses? Recommended by Manish Jaradi How to Trade EUR/USD The euro
Share: EUR/USD risk extra losses below 1.0630, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes 24-hour view: We expected EUR to consolidate in a range of 1.0645/1.0695 yesterday. EUR then traded in a range of 1.0653/1.0698 before closing at 1.0690 (+0.33%). The underlying tone has firmed
Share: EUR/USD posts modest gains around 1.0665, up 0.07% on the day. The market expects the Federal Reserve (Fed) to hold interest rates steady at its policy meeting on Wednesday. European Central Bank (ECB) President Lagarde said the potential of further rate cuts was not considered among policymakers. Federal Open Market Committee (FOMC)
Share: The EUR/USD couldn’t extend recovery motivation after getting knocked back by Lagarde. Friday rebound facing downside pressure as US Dollar maintains strength. Next week sees market movers on the cards with EU inflation figures, FOMC. The EUR/USD is set to close out Friday’s trading on the back foot, testing the week’s lows
EUR/USD Forecast – Prices, Charts, and Analysis EUR/USD technical outlook remains bleak. FOMC – a hawkish hold next week? Recommended by Nick Cawley How to Trade EUR/USD The ECB hiked rates yesterday by 25 basis points across the board, the central bank’s tenth consecutive increase, as it strives to bring inflation back to target. The
Share: In the view of economists at ING, EUR/USD sensitivity to the Dollar leg and – by extension – US activity data should be even higher at this point. Driven even more by the Dollar after dovish ECB hike We think that at this stage EUR/USD will revert to being even more driven
