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It’s been busy in FX markets with surprisingly strong 3Q growth in Europe and an aggressive tax-and-spend budget from the UK Labour government. Eurozone rates and the EUR/USD could stay more...
Growth figures for 3Q are published in the US and eurozone today. German CPI is also expected to have re-accelerated, but the impact on the euro may be limited. In the UK, Chancellor Reeves announces...
USD: Beige Book is probably the biggest threat to the dollar FX markets seem to be positioning for a Trump victory in next month's US presidential election. October seems to have been a good month...
EUR/GBP charts new 2 ½-year low after UK retail sales beat estimates Short-term bias is skewed to the downside, but price near familiar support line EUR/GBP plunged to a new 2½-year low of 0.8293,...
ECB meets on Thursday; markets expect a 25bps rate cut Lots of reasons for a pause, including the lack of staff projections But the ECB might choose to avoid disappointing the markets The euro could...
The British Pound has been under increased pressure over the past few weeks, facing serious resistance as it tries to break important long-term levels against the dollar and euro. GBP/USD exceeded...
There is positive news for the Pound beyond the fact that England will play in the Euro-24 final. The monthly estimate showed that the economy grew by 0.4% in May (twice as much as expected) and that...
The EUR was hit hard over the weekend, not only against the US Dollar but against other currencies as well. One of them in particular is the EURGBP which broke lower below key support that has been a...
ECB decision this week could affect euro pairs, with EUR/GBP in focus. EUR/GBP is at a critical support level, and the ECB's decision could trigger a rebound. Meanwhile, GBP/USD is on an upward...
The improvement in Germany's business climate stalled in May, according to data released by Ifo. The index remained at the same level of 89.3 as a month earlier. The indicator was last higher in May...
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