EUR/USD Soft After Powell’s Readiness for Bigger Rates Hikes if Needed
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
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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
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
The US index starts the week on the back foot, following the solid rebound of the previous one, as markets monitor the situation in Ukraine
The German index is mixed today, following a two-week rebound, having achieved its best performance of the year, during the last one
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
Read the daily market update as the European session gets underway, to get some of the latest developments, main market moves and upcoming events
The pair extends this week’s recovery, as Fed’s lift-off did not surprise and Eurozone’s CPI Inflation rose further
The pair drops after the Bank of England hiked rates for third straight time, but appeared less certain for their future path, while one official voted for keeping them steady
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
Read the daily market update as the European session gets underway, to get some of the latest developments, main market moves and upcoming events
The International Energy Agency released it monthly report earlier today and sees a threat from the prospect of disruptions in Russian oil, while USOIL pauses its two-day slump
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