EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower after a failed attempt to break out of last month’s tide range. At the beginning of the week demand for US dollar ahead of FOMC minutes and after the two weeks holiday season, brought the pair lower signalling a change of trend to …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher on the lack of any high impact economic release from the US and EU. The calm week was accompanied by very low volumes as it was widely expected due to Christmas and new year holidays. This kept the pair hovering around higher levels …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged as it was widely expected due to the lack of any high impact economic releases and due to the mooted holiday season. The better than expected gross domestic product in the US did not convinced traders to enter into new positions and kept …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher on ECB’s hawkish comments. The FED increased rates by 0.5% as it was widely expected and the pair did not react on the news and remained steady around same levels as during the weekly trading range. ECB also increased rates by 0.5% as …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session marginally higher on widening divergence between the two central banks. ECB officials on the one side are signalling more rates ahead. On the other side FED is signalling softer rate ahead. Last week’s better than expected economic releases in the US failed to give …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher on softer than expected US inflation. US dollar selloff continued during last week’s trading session as inflation number came out lower than expectations signalling that the pick is over. Inflation outcome together with FED’s officials’ dovish comments and a clear dovish stance from …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher on the lack of any high impact economic releases form the US. FED’s officials continue to send dovish signals as for the central bank’s rate policy. The stable inflation number in the US shows that inflation posed to same level and this gives …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged after hovering around same higher level as the week before. The pair is struggling to gain more traction as investors are now weighing fundamentals with reality. From the fundamentals point of view the pair has more room to move on the upside as …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session firm higher, as the US consumer price index dominated markets. The US consumer price index dropped to 6.8% lower than expectation and lower than the last number of 8.3% This resulted to aggressive US Dollar selloff as investors and traders waived any chance of …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged after a high volatile weekly session. The FED increased rates by 0.75% as it was widely expected and this had limited impact on the pair. Initial reaction was a downside move but not long lived. The speech conference of FED’s chairman, Jerome Powell, …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher on ECB’s interest rate decision. The central bank hiked rates by 0.75% as it was widely expected. Although this rate hike had limited impact on pair. The press conference that followed and the comments from some ECB’s officials were taken as negative and …
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher on the absence of any major economic releases from the US. The weekly speeches from FED’s Officials sent a mixed signal in the markets and kept the pair trading within the same range. Geopolitics and central bank’s rate decision are the keeping traders …
