Approximately 22.7% of daily forex trades. This pair, often called “Fiber,” is the most traded due to the economic strength of the Eurozone and the United States, offering high liquidity and tight spreads.
“Emerging risks threaten the Federal Reserve’s mandate and the reliability of economic data. Declining survey participation, delayed revisions, staffing constraints, and political pressures complicate accurate policy decisions. Nowcasting offers real-time insights but raises transparency and comparability concerns. Insight from Christopher Vecchio, CFA at Forex Factory.”
HSBC revises its GBP/EUR forecast for 2025, expecting Sterling to end the year at 1.1365. The outlook reflects anticipated UK economic challenges, cautious Bank of England policy, and improving Eurozone momentum, signaling a modest Pound weakening against the Euro.
EUR/USD remains bearish amid strong U.S. economic data and persistent Fed rate expectations, while the Eurozone faces slowing growth and ECB nearing pause on hikes. Technicals show price below key support levels signaling further downside potential.
USD/JPY climbed above 146 as Fed minutes revealed concerns over persistent inflation and signaled possible further rate hikes. Rising US Treasury yields and a dovish Bank of Japan policy continue to weaken the yen, supporting the dollar’s strength. Original article credit: Mitrade, FXStreet, August 16, 2023.
EUR/USD edged higher last week after bouncing off key support near 1.0760 amid mixed U.S. inflation data and softer ECB tightening expectations. Watch for resistance around 1.0900 and key US and Eurozone releases this week as traders gauge monetary policy direction and economic momentum.
EUR/USD has broken above key resistance signaling a structural breakout that could lead to new long-term highs. Technical indicators like RSI and moving averages support continued gains, while fundamental factors favor the euro over the dollar. Traders should watch resistance near 1.1200 and 1.1400 for next potential targets.
EUR/USD declined for a second consecutive week as resilient U.S. inflation data undermined market bets on a September Fed rate cut. Stronger-than-expected CPI figures prompted traders to delay expectations for easing, while dovish ECB signals and weak eurozone data kept the euro under pressure. Investors will watch upcoming U.S. inflation reports and ECB guidance for clues on the pair’s next move.
The US dollar extends gains as the Federal Reserve maintains a hawkish outlook, signaling elevated interest rates will persist amid ongoing inflation concerns. Strong US economic data and cautious Fed messaging bolster the greenback, driving capital into safe-haven assets and widening gaps against major currencies.
EUR/USD gains strong upside momentum as bulls target key liquidity zones amid ECB hawkish signals and weak U.S. data. Technical breakouts and shifting trader sentiment point to continued euro strength versus the dollar. Original analysis by The Tradable.
US Dollar stands at a crossroads as trade tensions with China persist and Federal Reserve officials send mixed signals on interest rates. The recent delay in tariffs on some Chinese goods aims to ease pressure on consumers but adds uncertainty to market expectations. Meanwhile, divergent views among Fed leadership fuel speculation about the outlook for rate cuts. Key events this week, including Fed Chair Powell’s speech at Jackson Hole and FOMC minutes, will be crucial in shaping the greenback’s trajectory amid a complex global economic backdrop. For a detailed analysis, see the expanded article by Yohay Elam of FXStreet.
