TAG: c-eur-usd
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Retreats After Dovish PPI Report
U.S. DollarDXY 130824 4h ChartU.S. Dollar Index pulls back as traders react to Producer Prices report. PPI increased by 0.1% month-over-month in July, compared to analyst consensus of +0.2%. Core PPI was unchanged on a month-over-month basis, while analys...
2 months ago
EUR/USD, GBP/USD, DXY Price Forecast: DXY Slips Below $103; US CPI in Focus
Market OverviewOn Wednesday, the UK’s CPI came in at 2.2%, slightly below the 2.3% forecast, while the Core CPI dropped to 3.3%, missing expectations of 3.4%.The EUR/USD showed little movement following France’s Final CPI, which held steady at 0.2%, align...
2 months ago
EUR/USD Forecast – Euro Continues to Grind Higher
Euro vs US Dollar Technical AnalysisThe Euro broke higher during the trading session on Wednesday in the early hours. Breaking above the crucial 1.10 level. This is an area that has been important multiple times, and therefore I think we will continue to...
2 months ago
US Dollar Index (DXY) News: Dollar Slips as Rate Cut Expectations Rise After CPI Data
Dollar Weakens as Inflation Data Fuels Rate Cut ExpectationsThe U.S. Dollar traded lower against major currencies on Wednesday following the release of key inflation data. Traders are increasingly betting on a Federal Reserve rate cut in September, puttin...
2 months ago
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Inflation Rate Falls To 2.9%
U.S. DollarDXY 140824 4h ChartU.S. Dollar Index is losing some ground as traders react to inflation data. Inflation Rate declined from 3% in June to 2.9% in July, compared to analyst consensus of 3%. Core Inflation Rate decreased from 3.2% to 3.3%, in lin...
2 months ago
EUR/USD, GBP/USD, DXY Price Forecast: DXY Steady at $102.57, Retail Sales Key
Market OverviewRecent data releases have provided mixed signals, such as, the U.S. Consumer Price Index (CPI) met expectations, with a 0.2% increase month-over-month and a 2.9% year-over-year rise, slightly below the anticipated 3.0%.These figures have ke...
2 months ago
EUR/USD Forecast – Euro Continues to See Noise at Big Levels
Euro vs US Dollar Technical AnalysisThe Euro has been bouncing around the 1.10 level, showing signs of uncertainty as we have gotten a bit stretched. And at this point, I think it is a market that when you zoom out, we could go all the way to the 1.11 lev...
2 months ago
US Dollar Index (DXY) News: Bullish Momentum as Treasury Yields Surge on Strong Retail Data
U.S. Dollar Rises as Treasury Yields Surge on Strong Retail Sales DataThe U.S. Dollar Index (DXY) surged on Thursday, bolstered by a sharp rise in Treasury yields following unexpectedly strong retail sales data for July. The robust economic indicators hav...
2 months ago
Silver Flashed the Signal Again!
Silver Signals Weakness Despite Short-Term StrengthThe above is probably something that you might be thinking. And while I can’t tell with certainty (nobody can), there are a few signs suggesting that the top is in or at hand, depending on what part of th...
2 months ago
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Retail Sales Exceed Expectations
U.S. DollarDXY 150824 4h ChartU.S. Dollar Index gains ground as traders react to the strong Retail Sales report. The report indicated that Retail Sales increased by 1% month-over-month in July, compared to analyst consensus of +0.3%. Initial Jobless Claim...
2 months ago
EUR/USD, GBP/USD, DXY Price Forecast: DXY Battles $103—Is a Sell-Off Ahead?
Market OverviewRecent U.S. data showed a mixed bag for the markets, influencing the EUR/USD, GBP/USD, and the Dollar Index. Retail Sales jumped by 1.0% in July, far surpassing expectations of a 0.4% rise, which signals strong consumer spending.However, Un...
2 months ago
EUR/USD Poised at Key Inflection as Fed Decision Looms
As the global economic landscape faces a mix of inflationary pressures, potential recession risks, and monetary policy adjustments, the EUR/USD exchange rate has become increasingly volatile, reflecting the uncertainty surrounding future market movements....
2 months ago
EUR/USD Forecast – Euro Continues to Bounce From Big Figure to Big Figure
Euro vs US Dollar Technical AnalysisThe Euro continues to hang around the large figures on the chart as early in the morning on Friday, we have reached the 1.10 level. The 1.10 level of course is a large round psychologically significant figure that a lot...
1 month ago
US Dollar Index (DXY) News: Greenback Slips as Treasury Yields Drop Amid Economic Concerns
U.S. Dollar Weakens as Housing Data and Treasury Yields Weigh on SentimentThe U.S. Dollar Index (DXY) faced downward pressure on Friday, driven by weaker-than-expected housing data and a decline in U.S. Treasury yields. These developments sparked concerns...
1 month ago