EUR/USD Hovers Around Parity as Markets Digest Recent Fed & ECB Commentary
The pair remains supported after as markets contemplate the recent hawkish rhetoric from the two central banks, but can’t escape parity
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 remains supported after as markets contemplate the recent hawkish rhetoric from the two central banks, but can’t escape parity
The central bank of New Zealand extended its most aggressive tightening cycle with another 50 basis points increase today, expecting more hikes ahead
The retail giant did largely better than it expected, based on it recently lowered projections, amidst high inflation and costs
The pair is in a good mood today after last week’s US CPI-fueled decline and remains contained within the daily Ichimoku Cloud, looking for catalysts
There was a flurry of corporate activity and news during the week of August 8-12, with Disney, Dutch retailer Ahold Delhaize, EV start-up Rivian and other companies attracting our attention
The pair is in consolidation mode after Wednesday’s US inflation-fueled surge, little changed by the UK GDP release today
The Walt Disney Company released strong quarterly results on Wednesday, with its streaming services reporting total subscribers that were higher than those of rival Netflix
The pair jumped yesterday after US headline CPI eased, which led to dovish market repricing around the Fed’s next rate move, but some officials pushed back
The headline Consumer Price Index moderated to +8.5% y/y in July, from 9.1% in the prior month, while the core index proved more sticky, staying at +5.9% y/y
XAU/USD runs its fourth consecutive profitable week, but the technical landscape gets tougher, while investors brace for another inflation update from the United States
The tech-heavy index declined after the strong employment report that boosted expectations for another big move from the Fed, while markets now gear up for Wednesday’s inflation figures
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