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Path to additional USD strength via yield differentials to be choppy and perhaps somewhat limited - Scotiabank
The USD is trading mixed, but off earlier highs in broad terms on the day. Economists at Scotiabank discuss the greenback outlook. Hawkish ECB comment
EUR/USD keeps the bid bias unchanged above 1.0700, looks at US ISM
The broad-based upbeat mood in the risk complex motivates EUR/USD to reclaim the area above the 1.0700 barrier on Thursday. EUR/USD appears supported
EUR/USD Price Analysis: Not out of the woods yet
EUR/USD rebounds from 2-month lows in the 1.0630 region and reclaims the area just beyond 1.0700 the figure on Thursday. The pair remains under heavy
EUR/USD: Gains to extend towards the 1.0730/40 resistance zone again - Scotiabank
EUR/USD recovers from upper 1.06s. Economists at Scotiabank analyze the world's most popular currency pair technical outlook. Broader signals are mixe
ECB Accounts: Number of members expressed preference for 50 bps hike
The accounts of the European Central Bank's (ECB) May policy meeting revealed on Thursday that a number of members initially expressed a preference fo
When is the US ADP employment report and how could it affect EUR/USD?
Wednesday's US economic docket highlights the ADP report on private-sector employment for May, due for release later during the early North American s
ECB's Knot: 2024 rate-cut bets may have to be adjusted
During a speech in Brussels on Thursday, European Central Bank Governing Council member Klaas Knot said it's not unlikely that 2024 interest rate-cut
Lagarde speech: Need to continue hiking cycle until confident that inflation will return to target
European Central Bank (ECB) President Christine Lagarde said in an appearance on Thursday, "we need to continue our hiking cycle until we are sufficie
EUR/USD wobbles below 1.0700 ahead of data, ECB
EUR/USD alternates gains with losses below the 1.0700 hurdle following Wednesday's bounce off multi-week lows near 1.0630 on Thursday. EUR/USD now foc
Breaking: Eurozone Preliminary HICP inflation softens to 6.1% YoY in May vs. 6.3% expected
The annual Eurozone Harmonised Index of Consumer Prices (HICP) rose in May vs. April's 7.0%, according to the latest data published by Eurostat this
EUR/USD to trace out something like a 1.0650-1.0720 range barring a major surprise in the Eurozone CPI - ING
The market is speculating about a soft Eurozone flash CPI number today. Economists at ING discuss EUR/USD outlook ahead of the inflation report. 1.05/
EUR/USD: Difficult life for the Euro at present - Commerzbank
Antje Praefcke, FX Analyst at Commerzbank, analyzes EUR/USD outlook. Headwinds continue "I fear that short-term the Euro is unlikely to manage a susta
ECB's de Guindos: Recent inflation data are positive but still far from target
European Central Bank (ECB) Vice President, Luis de Guindos, said on Thursday, "recent inflation data are positive but still far from target." Key quo
EUR/USD to test 200-DMA at 1.0491 on strong US data - Credit Suisse
Economists at Credit Suisse expect the EUR/USD pair to push lower on strong US data. Euro-area core CPI to drop to 5.4% YoY from 5.6% previously "If U
German Retail Sales fall 4.3% YoY in April vs. -5.0% expected
The latest official figures released by Destatis showed on Friday, Germany's Retail Sales increased 0.8% MoM in April versus 1.0% expected and -2.4% p
FX option expiries for June 1 NY cut
FX option expiries for June 1 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0650 308m 1.0685 412m 1.0700 2.5b 1
EUR/USD juggles below 1.0700 as Eurozone Inflation and US Employment hog limelight
EUR/USD is consolidating in a narrow range below the round-level resistance of 1.0700 in the early European session. The major currency pair is expect
EUR/USD: Diminishing bets for a drop to 1.0600 - UOB
UOB Group's Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest a potential drop in EUR/USD to the 1.0600 region appears to have lost
ECB's Rehn: Core inflation must slow before mulling easing
European Central Bank (ECB) Governing Council member Olli Rehn said on Thursday, "core inflation must slow before mulling easing." Additional quotes "
EUR/USD steadies near 1.0700 as Eurozone inflation, ECB's Lagarde and US employment data loom
EUR/USD portrays the pre-data anxiety around 1.0690 amid very early Thursday morning in Europe. In doing so, the Euro pair fails to cheer the market's
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