EUR/USD Rallies as ECB Minutes Show Readiness to Act
The common currency rises today, helped by somewhat hawkish minutes from the European Central Bank and the US Dollar’s demise
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The common currency rises today, helped by somewhat hawkish minutes from the European Central Bank and the US Dollar’s demise
Unemployment in Australia dropped to the lowest level in nearly 50 years, sending the Aussie higher and making the central bank’s recent tightening efforts easier, ahead of this week’s elections
The common currency loses steam after the solid start to the week, as mr Powell reasserts his hawkishness and Eurozone inflation stabilizes
Fed Chair suggests that rates may be hiked above neutral. USDOLLAR find support, in response.
Shorts may use the UK's inflation release as a catalyst for their positions.
The pair consolidates this week and trades with caution today, as markets digest Chair Powell’s Tuesday commentary and poor data form Japan
The British pound surges as markets shake-off last week’s risk aversion, also helped by upbeat employment data from the UK, but NI Protocol dispute looms
The pair starts the week on a good footing, despite the lower growth forecast by the EU Commission and UK the Northern Ireland Protocol changes eyed by the UK
The pair started the day with upbeat mood, trying to rebound form its two year lows, but faces headwinds as the European session gets underway
The pair drops today and looks like it will pause its eye-catching nine-week profitable streak, as the US Dollar faces headwinds
The pair trades with caution after yesterday’s volatility sparked by the US CPI release, amidst hawkish commentary from ECB President Ms Lagarde
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