The EUR/USD has another important week ahead with the ECB interest rate decision likely to be the key event. Economic conditions remain stagnate in the Eurozone and that might force the ECB to shift their monetary policy from neutral back to dovish. Read More on eurusd.co
The EUR/USD Weakens Ahead of the ECB Minutes
The EUR/USD is back trading at near two-year lows and testing strong support after an ECB official suggested there could be some more bank loans ahead given the state of the Eurozone. This week ahead will feature the ECB minutes which will potentially shed more light on the situation. Read More on eurusd.co
A Weak Greenback Boosting the EUR/USD
The EUR/USD has been stronger over the last week after the fallout from the FOMC hurt the USD. Jerome Powell and the US Federal Reserve have turned dovish and that has seen the USD weaken considerably. Read More on eurusd.co
ECB Rates Decision to Drive the EUR/USD
The EUR/USD has had a rough week as price deteriorated into the Friday and the momentum is now to the downside. This week, all the attention will firmly be on the ECB meeting and what ECB President Mario Draghi has in mind for the next rate hike. Read More on eurusd.co
ECB Minutes in Focus for the EUR/USD
The EUR/USD has been holding relatively steady in recent weeks as the volatility and turmoil has certainly taken its toll across the financial markets. This week, we will be looking for any hint of a change in monetary policy from the ECB in their minutes, while at the same time watching the direction of the USD closely. Read More on eurusd.co
FOMC in Focus for the EUR/USD
The EUR/USD has the potential to get a bit of boost this week as most of the attention will be on the FOMC. While the Fed is expected to raise US interest rate in December, the outlook might not be a hawkish as many have previously thought. Read More on eurusd.co
Trade to Drive the EUR/USD
The EUR/USD is likely to receive a bit of a boost this week as markets absorb the fallout from the G20 and more specifically the agreement between the US and China on trade. As it stands the two countries will be looking to work towards a deal and for now, the proposed tariff increases that were set to rise in January will be put on hold. Read More on eurusd.co
The EUR/USD Waiting on Global News
The EUR/USD has seen a decent bounce off the lows, which was largely driven by weakness in the Greenback. With Thanksgiving ahead and a lack of top-tier data, markets will be driven by global news and the current sentiment, which to date has largely been risk-off. Read More on eurusd.co
FOMC to Drive the EUR/USD
The EUR/USD might well have staged a bit of a rally on Friday, but the trend is still strongly to the downside at the moment. This week it is the FOMC and their interest rate decision which will see the EUR/USD put under even more pressure. Read More on eurusd.co
ECB to Drive the EUR/USD
The EUR/USD has been drifting lower over the course of the week, led predominately by a stronger USD. This week the ECB get their chance to counter what was a hawkish FED as they issue their thoughts on monetary policy and present the official interest rate statement. Read More on eurusd.co