EUR/USD fades part of the recent advance amidst USD recovery – by pabspiovano EURUSD Currencies Majors
EMU final inflation figures next of note in the domestic docket.Sellers seem to have returned to the single currency and dragsEUR/USD extends the choppy trading so far this week and now partially fades Tuesday’s uptick on the back of a decent rebound in the dollar and the continuation of the march north in the German 10-year Bund yields.
The latter appears well underpinned by recent hawkish comments from policy makers on both sides of the ocean, who kept advocating for a tighter-for-longer stance amidst the still elevated inflation., final inflation figures in the broader Euroland will be the sole release on Wednesday. In the US, weekly Mortgage Applications tracked by MBA are due along with the publication of the Fed’s Beige Book.EUR/USD comes under downside pressure following a failed attempt to retest/surpass the ley 1.
Moving forward, hawkish ECB-speak continue to favour further rate hikes, although this view appears in contrast to some loss of momentum in economic: EMU Final Inflation Rate – ECB Accounts, EMU Flash Consumer Confidence – Advanced Manufacturing/Services PMIs .: Continuation of the ECB hiking cycle. Impact of the Russia-Ukraine war on the growth prospects and inflationSo far, the pair is losing 0.05% at 1.0966 and faces the next support at 1.0831 seconded by 1.0788 and finally 1.0756 .
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Weekly Forex Forecast \u2013 NASDAQ 100 Index, Bitcoin, EUR/USDWeekly Forex Forecast – NASDAQ 100 Index, Bitcoin, EUR/USD, Gold, Silver trading currencies commodities money finance makemoney Fx markets
Weiterlesen »
EUR/USD: Weekly Forecast 16th April - 22th AprilThe EUR/USD will start the week near the 1.09930 mark, which is a price that has last seen sustained values in March and April of 2022.
Weiterlesen »
EUR/USD Forex Signal: Bullish Breakout Suggests Valid TrendTrend traders will be waiting for the current bearish retracement to end to get long.
Weiterlesen »
EUR/USD stumbles on Fed rate hike speculations, slides below 1.1000EUR/USD losses traction on technical reasons and on a stronger US Dollar (USD, as speculations that the US Federal Reserve (Fed) would hike rates in M
Weiterlesen »
EUR/USD sees more downside to near 1.0900 as ECB to slow down policy-tightening paceThe EUR/USD pair is continuously declining for the past two trading sessions after failing to sustain above the critical resistance of 1.1050. The maj
Weiterlesen »
EUR/USD rebound approaches 1.0950 even as Fed vs. ECB play lures bulls, ZEW data eyedEUR/USD renews its intraday high around 1.0940 while licking its wounds amid early Tuesday morning in Europe. In doing so, the Euro pair prints the fi
Weiterlesen »