The momentum in the EUR/USD is starting to gain steam. Unfortunately, for Euro bulls it is clearly to the downside. During the week we saw a slightly dovish FOMC and a mixed US employment report, however, the EUR/USD continued to fall. That is suggesting the USD buying is strong and we might very well have more on the way this week. Read More on eurusd.co
Time to Sell the EUR/USD?
The last few weeks have seen the tide turn for the USD. What was initially a bearish Greenback has now turned to a raging bull. This week brings about the FOMC interest rate decision and the US employment report. A hawkish Fed or a strong non-farm-payroll number might just see more upside ahead in the USD, which will cause the EUR/USD to tumble. Read More on eurusd.co
Can the ECB Spark the EUR/USD?
The last few weeks have been highlighted by a number of geopolitical events. That has been putting some pressure on the USD. By late last week, it appears that those fears have been alleviated. Now the focus turns to the ECB as they are set to release their next interest rate decision this week. However, ECB President Mario Draghi might throw cold water on any chance of a reduction in bond purchases. Read More on eurusd.co
Geopolitics to Drive the EUR/USD
Last week it was all about the US-China trade wars. As tensions finally eased, US President picked out his next target and it was Syria. Over the weekend the President authorized an air strike against Syrian targets in response to a chemical weapons attack. The news will likely shake-up markets on Monday and see a flight-to-safety. The USD could well be under pressure early. Read More on eurusd.co
Trade Wars to Drive the EUR/USD
Last week all the focus was firmly on the ongoing trade war between the US and China. A series of tit-for-tat comments is hurting the fortune of investors and increasing the volatility of the USD. There are a number of key economic data releases this week, but they all might be overshadowed by a tweet from US President Donald Trump. Read More on eurusd.co
Trump Shaking up the Markets
Last week all the action was no doubt in the US. Early on we got our first official interest rate rise. It was the one we had all been waiting for but all we ended up with was a falling USD which was a surprise. Then US President Donald Trump sparked markets, by proposing massive tariffs against China. Equity markets bore the brunt of it and we could be in for more downside in Monday. Read More on eurusd.co
Powell the Key to the EUR/USD this Week
The EUR/USD saw some downside in late trade last week. Perhaps that’s in anticipation of a coming rate rise at this meeting of the FOMC. This week, US Federal Reserve Chairman Jerome Powell takes control in what is slated to be the first of three rate hikes this year. This means we are likely going to see some volatility in the USD and the EUR/USD. Read More on eurusd.co
Inflation the Key Issue for the EUR/USD
US markets saw a strong rally on Friday thanks to a better than expected jobs report. Over the course of the week, the USD finally managed to lift itself off the canvas and find some buyers. That meant the EUR/USD started to turn around and is now looking a little bearish. This week we have inflation out of both the US and Eurozone which will be the key to the week. Read More on eurusd.co
ECB Back in Focus for the EUR/USD
The USD fell away late in the week as US President Donald Trump proposed tariffs on steel and aluminum. That meant the EUR/USD found support and rallied into the close. This week our attention is firmly on the ECB as they have their latest European Central Bank Policy Meeting. ECB President Mario Draghi will be speaking after the announcement and much of the focus will be on his thoughts on quantitative easing. Read More on eurusd.co
Fed Chair Powell to Drive the EUR/USD
The USD continues to be the big driver of the EUR/USD. This week we will hear from new Federal Reserve Chairman Jerome Powell when he testifies in front of Congress. That is going to be important for the short-term direction of the US Dollar as we will get a better idea of how his views will differ from his predecessor Janet Yellen. Read More on eurusd.co