Tag Archives: Euro
EUR/USD Faces Mixed Signals with Dollar Fatigue
EUR/USD shows signs of recovery, though it stays below critical moving averages, indicating potential near-term weakness. – vtmarkets.com
Euro Zone Bond Yields Climb Before U.S. Election
Euro zone bond yields rise to multi-week highs, influenced by U.S. Treasury movements and U.S. election expectations. – vtmarkets.com
Euro Nears 14-Month High as Dollar Weakens After Fed Rate Cut
The EURUSD pair nears a 14-month high following the Fed’s 50bps rate cut, but faces key resistance levels. Learn about the implications for traders and market outlook. -vtmarkets.com
Euro Slips on Weaker PMIs and Potential ECB Rate Cuts
The euro dropped on weak PMI data in Germany and France, raising expectations of ECB rate cuts. Investors now foresee 44 basis points in reductions by year-end. -vtmarkets.com
Dollar continues downward trajectory as markets eye Fed rate cut
As the dollar remains near its lowest levels this year, markets are poised for a potential U.S. Federal Reserve rate cut that could shift currency movements across the board. Traders are pricing in either a 25 or 50 basis point cut, leading to speculation about its impact on major currencies like the yen, euro, and sterling. -vtmarkets.com
Dollar weakens against yen as Fed rate cut looms
The dollar weakened further on Monday, reaching 139.58 yen as investors grew increasingly confident that the Federal Reserve might implement a larger-than-expected rate cut later this week. This recent dip marks a continuation of the dollar’s retreat from 140.285 yen, a level last seen in December 2022. -vtmarkets.com
EURUSD hits a new high for the first time in 2024
The euro hits a new high for 2024 as the U.S. dollar falters following dovish remarks from the Federal Reserve. Explore the implications for forex traders and the market outlook. -vtmarkets.com
Week ahead: Core PCE data takes center stage
If the Core PCE Index comes in higher than expected, it could trigger a significant market reaction, as it would suggest that inflationary pressures are more persistent than previously thought.
US dollar gains momentum as euro dips below its weekly peak
Key points: The EURUSD pair moved lower as technical traders took control in a week lacking major economic news. The euro dipped below $1.0850, extending its decline from the $1.09 level. This marks the second consecutive day of negative performance for the pair, which is now down approximately 100 pips from its mid-July peak ofContinue Reading
Euro and the British pound directionless as China rate cuts and US election uncertainty creeps in
Euro and the British pound trades directionless as forex markets react to China’s rate cuts and Biden’s election decision. Read more for market analysis and forecast