Fundamental Euro Forecast: Bearish The European Council President is expected to propose a more modest EU budget this week. The Council is hoping EU leaders will agree to it at a summit…
Tag: Euro/US Dollar FX Spot Rate, FX Spot Rate, THOMSON REUTERS
EUR/USD, S&P 500 Inventory Index Could Fall on Fed Steadiness Sheet Contraction
EUR/USD, S&P 500, Federal Reserve Balance Sheet, Europe Open – Talking Points: Light volume made for a relatively timid APAC trading session, with risk assets nudging slightly higher The Federal Reserve’s balance…
EUR/USD Rally Stalls Forward of The Newest US Jobs Report
EUR/USD Price, News and Analysis: EURUSD pushing ahead but traders are moving to the sidelines ahead of the US NFP release. Last month’s US Labor Report saw a bewildering 2.5 million jobs…
Nonfarm Payrolls Drives the US Greenback & Foreign exchange Volatility
HOW NONFARM PAYROLLS (NFP) IMPACTS THE US DOLLAR & USD PRICE VOLATILITY The US Dollar typically exhibits heightened volatility around the monthly release of nonfarm payrolls data and places USD price action…
Market Sentiment: Sturdy China PMI Fails to Elevate AUD/USD, EUR/USD, GBP/USD
Market sentiment analysis: Trader confidence remains weak judging by further declines in ‘risk-on’ pairs like AUD/USD, EUR/USD and GBP/USD despite a strong June manufacturing PMI from China. Sentiment is weak towards stocks…
RSI to Validate Bull Flag Formation
EUR/USD Rate Talking Points The technical outlook for EUR/USD remains constructive going into the second half of 2020 as a bull flag formation takes shape, and the Relative Strength Index (RSI) may…
Uneven Buying and selling Seemingly in EUR/USD on Quarter-Finish Flows
Fundamental Euro Forecast: Mixed The coming week marks the start of a new month, a new quarter and a new half year, when asset managers are traditionally expected to rebalance their portfolios….