A number of ECB policymakers have been doubling down on the central bank’s position on interest rates and inflation, saying that higher rates are needed for longer to quell double-digit price pressures. Get your market update from nickcawley1 here:
is under pressure as traders start to look through higher US rate expectations and instead focus on when the Fed may pause its tightening cycle. Although this may be months away, the fact the markets are already looking for a turnaround is weighing on the greenback. Add into the mix this week’s US midterm elections, and which party may control either or both of the House and the Senate, and the US dollar will likely remain volatile in the days and weeks ahead.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EUR/USD prices may continue to rise. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EUR/CHF Forecast: Continues to Look for Direction AgainstThe EURCHF pair has been hanging around the 0.99 level for a couple of weeks now- forextrade forextrading
Weiterlesen »
Trading Support and Resistance \u2013 AUD/USD, EUR/USD, GBP/USDThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Weiterlesen »
EUR/USD Forex Signal: Relief Rally Has More Room to RunThe EUR/USD pulled back to the highest level since November 2 after the relatively robust American jobs data.
Weiterlesen »
Shares in UniCredit hit by report of friction with ECBShares in UniCredit fell on Monday after a report of tensions between Italy's only bank that regulators deem of global systemic relevance and European Central Bank supervisors.
Weiterlesen »
Caterham grows Euro Seven range with 2.0-litre 340Trusty Duratec reworked to fill the void left by no more Sigma engines 💪
Weiterlesen »
EU Commission set to propose legislation for digital euroThe European Commission will 'soon' come out with a legislative proposal on a digital euro, European Central Bank President Christine Lagarde said.
Weiterlesen »