New Vigor on Bond Market Curtailed Dollar’s Momentum
Markets The US eco calendar provided first meaningful input for 2024 trading yesterday. Data strengthened […]
Will European Inflation Prints Support Rate Cut Narrative?
In focus today Today, focus will be on inflation data coming out of Germany and […]
EUR/USD Stabilizes After Slide, FOMC Minutes Loom
Euro slips to two-week low US ISM Manufacturing PMI expected to rise slightly FOMC minutes […]
EUR/USD Edges Down to Near 1.0940 after German Employment Data, Focus Shifts to US Data
EUR/USD gains ground amid upbeat US Dollar. German Unemployment Change reduced to 5K from 22K […]
Dollar Loved the Combination of Higher Yields and Some Risk Aversion
Markets Core bonds started the year on the backfoot, extending the U-turn which started in […]
EUR/USD Holds Below Mid-1.0900s Ahead of US PMI, FOMC Minutes
EUR/USD edges lower to 1.0941 amid the firm USD. The US S&P Global Manufacturing PMI […]
Euro Extends Losses after Weak PMIs
Euro slips below 1.10 line German and eurozone manufacturing PMIs contract The euro is down […]
Could Euro Area CPIs Unsettle ECB Rate Cut Expectations?
New year starts with the December inflation report testing ECB’s hawkishness Market looks for a […]
EUR/GBP Discovers Support Near 0.8650 on Downbeat UK factory Data
EUR/GBP rebounds from 0.8650 on weaker-than-projected UK factory data. The outlook of the UK manufacturing […]
Eurozone’s PMI manufacturing finalized at 44.4, relentless slump continues
Eurozone’s PMI Manufacturing was finalized at 44.4 in December, up slightly from November’s 44.2. Despite […]
Week Ahead – US Jobs Report and Eurozone Inflation to Kickstart the New Year
NFP report and Eurozone CPI will be the week’s focal point on Friday FOMC minutes […]
Eurozone PMI services finalized at 48.8, not quite recession yet, but hardly growth oriented
Eurozone PMI Services was finalized at 48.8 in December, up slightly from November’s 48.7, a […]