EUR/USD Subdued after Cautious ECB & Ahead of US Inflation
The pair trades with caution against a volatile monetary policy backdrop, following last week’s apprehensive ECB and ahead of US inflation update
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The pair trades with caution against a volatile monetary policy backdrop, following last week’s apprehensive ECB and ahead of US inflation update
The index is cautious and stays in consolidation as today’s inflation update sustains uncertainty around the central bank’s rate path
The index regains its footing as markets price in three cuts within the year and focus now shifts to Netflix earnings, which kicks things off for Big Tech
The pair registered a sharp fall on Thursday following cooler US inflation, in a move that that has markets guessing if Japanese authorities intervened again
After a four-week profitable streak, USOil faces headwinds as consumption concerns resurface and IEA reiterates view for a substantial slowdown in demand growth
The central bank of New Zealand stayed on the sidelines again today, but its messaging was more dovish compared to the previous meeting, raising chances of rate cuts within the year
The BoJ has started normalizing its ultra-easy stance, but progress is slow, so the Yen continues to suffer and JPN225 extends it rally to new records
The index slides following Thursday’s elections, but the UK has its best opportunity for stability and the new PM has made economic growth the main priority
Copper prices pulled back sharply form the May record peak, but rebound over the past several days and fundamentals remain supportive
USOil runs its fourth straight profitable week and reached the highest levels in nearly three months, boosted by tightening fundamentals
The entertainment giant returned to box office hits with Inside Out 2 and its $1 trillion gross, in another indication that the turnaround efforts are making an impact, but the stock remains in a precarious position
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