The Euro continues to gain against the Dollar as EUR/USD recovers from a dip below 1.07. The Euro is benefitting from ECB’s recent talking points as policymakers look set to move away from negative interest rates.
during the European trading session. Following the opening bell in New York, EUR/USD recovered sharply from session lows before losing steam around 1.0730.
Monday’s session saw EUR/USD close above the 50-day moving average, but those gains have since been given back with American traders back online. The Euro has benefited tremendously of late from recent headlines out of the ECB, as policymakers look set to move away from negative interest rates while inflation rages across the continent. At the same time, comments from Atlanta Fed President Raphael Bostic opened the door to a potential pause from theOn Monday, Christopher Waller revealed that he plans to keep 50 basis point hikes on the table for “several meetings,” until inflation shows signs of moderating.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EUR/USD Outlook: Record EU Inflation, EUR/USD Risking a PullbackEuro Area inflation rose to 8.1% in May, up from 7.5% and above expectations of 7.7%. The core figure also printed above expectations at 3.8% vs 3.5% and thus reaffirms the case for ECB tightening in Q3. Get your market update from JMcQueenFX here:
Weiterlesen »
EUR/USD Forex Signal: Uptick to 1.0900 Cannot Be Ruled OutThe $EURUSD upward momentum continued as investors continued to brace for higher interest rates by the European Central Bank (ECB).
Weiterlesen »
Euro Latest – EUR/USD Nudges Higher as German Inflation Continues to SoarGerman price pressures today hit a fresh multi-decade high with annual inflation hitting 7.9%, while monthly inflation rose by 0.9%. Get your market update from nickcawley1 here:
Weiterlesen »
BNB/USD: Push Upward May Create Speculative Technical DebateBNB/USD has climbed higher in early trading this morning and is touching short term support, which will cause technical traders to test their perceptions. Forex Crypto
Weiterlesen »
EUR/USD: Bears regain control and revisit 1.0730Sellers seem to have regained the upper hand and now drag EUR/USD back to the 1.0730 region on turnaround Tuesday. EUR/USD meets resistance just below
Weiterlesen »