EUR/USD Exposed to its 2024 Lows, Weighed By Policy Dynamics
The ECB slashed rates this month, as the Fed is reluctant to pivot, with the unfavorable policy differential making the pair vulnerable to its 2024 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 ECB slashed rates this month, as the Fed is reluctant to pivot, with the unfavorable policy differential making the pair vulnerable to its 2024 lows
The commodity is poised for a profitable week, looking past a series of negative news, like slower demand forecasts and higher-for-longer Fed
The tech heavy index rose to new all-time highs as AI optimism was reinvigorated by Apple’s announcements and CPI inflation cooled, looking past the Fed’s one-cut projections
HKG33 extends its losses and tests pivotal technical levels after today’s data showed that China deflationary risks have not gone away, amidst broader uneven recovery
The pair drops as another strong US jobs report strengthens the Fed’s higher-for-longer stance, while election woes take hold in Europe after France snap elections
The ECB slashed rates for the first time in nearly five years, but adopted a cautious stance around future moves, creating some pressure for the German index
The tech-heavy index reached new all-time highs, helped by Nvidia’s rise after the announcement of new Artificial Intelligence chips
OPEC+ prolonged most of its output curbs that have supported prices, but USOil drops as the group will begin phasing some of them from the fourth quarter
The pair comes from its first profitable month of the year, but now looks to Thursday’s pivotal ECB decision, as the central bank could slash rates after ten hikes
The oil producing group of counties decided on Sunday to extend most of its output reductions, although some of them will be phased out, starting in the fourth quarter
The Japanese index tries to stop the pullback from its record peak, but the BoJ pivot from the ultra-loose setting could fuel further weakness
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