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Tag: EUR/USD Daily

EUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut

US manufacturing activity improved while services activity declined. The US jobs report showed a bigger-than-expected increase in employment in March. Traders scaled back expectations for the...

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EUR/USD Weekly Forecast: Dollar Soars Amid Stubborn Inflation

The US consumer inflation report beat estimates. Friday’s PPI report confirmed that US inflation was higher than expected. Traders will review meeting minutes from the last...

EUR/USD Weekly Forecast: Fed’s Pause Leads Dollar Down

There was optimism that the Federal Reserve’s hiking cycle was done. Data revealed a larger-than-expected drop in Americans filing new jobless claims. Fed meeting minutes revealed...

EUR/USD Weekly Forecast: Fed Officials Voice Inflation Concerns

The euro ended the week lower as the dollar strengthened on hawkish Fedspeak. Fed officials expressed uncertainty about whether interest rates are sufficiently high. Investors eagerly...

EUR/USD closes its best-performing week since June amid weak USD

Share: EUR/USD gained more than 1% on Friday, rising near 1.0730. The USD, measured by the DXY index, will close with...

EUR/USD Weekly Forecast: ECB’s Hike Campaign Grinds to a Halt

The European Central Bank paused its aggressive monetary policy tightening. The US economy expanded by nearly 5% during the third quarter. Futures markets are almost certain...

EUR/USD Weekly Forecast: Dollar Demand Surges After US CPI

The FOMC minutes revealed that policymakers exercised caution amid uncertainties in the economy. The US inflation report came in higher than expected. The US will release...

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