EUR/USD remains lackluster around parity, US Retail Sales, Fed bets eyed – by anilpanchal7 EURUSD ECB Fed Recession Energy
ajor currency pair fails to cheer hawkish comments from the European Central Bank policymakers, as well as the European Commission’s release of an energy plan. The reason could be linked to the expectations of more geopolitical tension with Russia and the hawkish Fed hopes.
Talking about the data, Eurozone’s Industrial Production fell 2.3% MoM in July versus the 1.0% expected contraction.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPYThe US Dollar is putting in a massive move today after another elevated CPI release. DXY is currently showing a bullish engulf and markets are starting to look at a possible 100 bp move at next week's FOMC.
Read more »
EUR/USD bounces off weekly lows though stays below parity, amid US dollar weaknessThe EUR/USD slightly recovers from yesterday’s losses, advancing almost 0.31%, due to a soft US dollar after August’s US Producer Price Index (PPI) dr
Read more »
AUD/USD steadies around 0.6750 ahead of Aussie employment data, US Retail SalesAUD/USD steadies around 0.6750 ahead of Aussie employment data, US Retail Sales – by anilpanchal7 AUDUSD RiskAppetite Inflation Employment RetailSales
Read more »
USD/JPY faces barricades around 145.00, focus shifts to US Retail SalesThe USD/JPY pair has sensed selling pressure while attempting to surpass a 24-year high at 144.99 in the Tokyo session. After a juggernaut rally, the
Read more »
EUR/USD rebounds to near 0.9960, downside looks likely on hawkish Fed betsThe EUR/USD pair has picked bids around 0.9960 in the Asian session after nosediving from a high of around 1.0180. The asset witnessed an intense sell
Read more »
Gold Price Forecast: XAU/USD eyes further decline below $1,700, US Retail Sales in focusGold price (XAU/USD) has given a downside break of the consolidation formed in a narrow range of $1,700.80-1,703.38 in the Asian session. The precious
Read more »