EUR/USD Down After Inflation Surge in USA, Eurozone & Ahead of US NFPs
The pair stays on the back foot after the inflation updates from the United States on Thursday and Eurozone today, awaiting the US Jobs Report
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The pair stays on the back foot after the inflation updates from the United States on Thursday and Eurozone today, awaiting the US Jobs Report
The pair stays on the offensive, after Tuesday’s roughly 100-pips rally, due to hopes for a peaceful solution in the Ukraine-Russia military conflict
The pair shed around 100 pips on Monday, as BoE governor warned of growth and demand slowdown, but today it tries to find support
The Bank of Japan announced today that it will be buying unlimited 10-year bonds over the next three days, sending the pair to its highest level since August 2015
USDOLLAR battles against overhead resistance, despite hawkish comments.
The pair made a solid start to the day, but erases its gains, despite another jump in UK’s Consumer price Index (CPI)
The pair started the day with losses, following Monday’s hawkishness by the Fed Chair, but finds support at the start of the European session
The pair starts the week with caution following Friday’s new six year highs, in the aftermath of the monetary policy decisions by the central banks of the US and Japan
Despite showing some resilience the EURUSD has started to roll over.
The pair extends this week’s recovery, as Fed’s lift-off did not surprise and Eurozone’s CPI Inflation rose further
The Federal Reserve hiked rates for the first time since 2018 on Wednesday, sending the pair to new highs, as the policy differential between the central bank of US and Japan favors the greenback
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