EUR/USD Sets New 2021 Lows
The pair has clearly been having a very bad month, with Fed/ECB monetary policy divergence being a key driver, registering today new 2021 lows
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 has clearly been having a very bad month, with Fed/ECB monetary policy divergence being a key driver, registering today new 2021 lows
The pair rose to its highest levels since March 2017 during the Asia-Pacific session, but has since declined, weighed by the slide in US Bond Yields
The Reserve Bank of New Zealand (RBNZ) hiked rates for a second time in a row, bringing them to 0.75%, but the pair reacted lower, as the move was largely expected
The Chinese electric vehicle maker released solid financial results for the third quarter, earlier today, with the stock rallying at the beginning of trading in the US
The US President announced that the Department of Energy will make available 50 million barrels of oil from the Strategic Petroleum Reserve (SPR)
Zoom announced its financial results for the third quarter of Fiscal Year 2022 on Monday November 22, after US markets had closed
The German index sheds around 1% and runs its fourth straight losing day, breaching key technical levels, amidst poor investor sentiment
The pair runs the fifth straight profitable week, after yesterday boost from Mr Powell’s re-nomination, while on a monthly level, November is on track to become the best of the year
The pair did not avert fresh 2021 lows today, after yesterday’s drop from Mr Powell re-nomination US Dollar boost, but finds support as European trader enter.
US President Biden announced his intent to nominate Mr. Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System
The index starts this holiday-shortened week on the front foot, after two straight losing weeks that were mostly fueled by Fed tightening expectations and Friday’s broader risk aversion
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