EUR/USD remains below 1.0900, further downside seems possible as the ECB decision looms – FXStreet
EUR/USD weakens as the ECB may cut interest rates by 25 basis points on key refinancing operations and deposit facilities. The dollar index is hovering around 103.35, the two-month high hit on Monday. Atlanta Fed President Rafael Bostic expects there will be just one more 25 basis point rate cut in 2024. EUR/USD remains in […]
EUR/USD extends decline as ECB rate call looms ahead – FXStreet
EUR/USD fell by another fifth on Tuesday. The results of the ECB bank survey have reduced the euro's bullish potential. The ECB is widely expected to cut rates by another 25 basis points this week. EUR/USD fell further to the bearish side on Tuesday, dropping by a fifth of 1% and falling below the 200-day […]
EUR/GBP falls below 0.8400 due to rising likelihood of a rate cut by ECB – FXStreet
EUR/GBP stalled as falling eurozone inflation data increased the likelihood that the ECB would cut interest rates this month. The market reflects a 95% probability that the European Central Bank will cut interest rates by 25 basis points in October. According to the BoE's DMP survey, British businesses' inflation expectations for the year ahead fell […]
EUR/USD: Euro Eyes $1.11 After ECB Cuts Rates to 3.5%, US Dollar Retreats Broadly – TradingView
EUR/USD: ECB Cuts Interest Rates to 3.5%, USD Falls Hard, EUR Aims for $1.11 — TradingView News Illustration: TradingView of EUR/USD pair The US dollar strengthened towards the 1.11 level after the European Central Bank cut its benchmark interest rate by 25 basis points to 3.5% on Thursday. The move, which comes on the back […]
EUR/USD hangs near multi-month low, defends 1.1000 mark ahead of ECB meeting – FXStreet
EUR/USD is stabilizing above the 1.1000 level as traders eagerly await the ECB's policy decision. Diminished expectations of more aggressive Fed easing have weakened the US dollar, limiting gains for major currencies. Traders appeared cautious ahead of major central bank event risks and the release of the U.S. Producer Price Index. The EUR/USD pair struggled […]
Currencies tread cautiously after US inflation report, focus on ECB – Yahoo Finance
Ankur Banerjee SINGAPORE (Reuters) – Currency markets started the week cautiously, with the dollar slightly lower on Monday after data released last week showed U.S. inflation stabilised in April, leaving open the possibility that the Federal Reserve could cut interest rates this year. The dollar recorded its first monthly decline this year in May, weighed […]
EUR/USD drops from 1.0800 as ECB looks set to lower rates three times this year – FXStreet
EUR/USD will consolidate around 1.0770 after adjusting from 1.0800 as investors expect the ECB to cut interest rates from June. ECB Stournaras’ prediction of three interest rate cuts this year is in line with market expectations. Expectations have grown that the Federal Reserve will cut interest rates starting in September. In European trading on Tuesday, […]
MPs demand ECB watches Yorkshire closely: ‘No return to business as usual’ | Yorkshire
MPs have called on the England and Wales Cricket Board to keep a close eye on Yorkshire, as it appears Yorkshire has wavered from its commitment to diversity and inclusion following the return of Colin Graves as chairman. It seems that he is concerned about this. In a report published on Friday, the Culture, Media […]
ECB to rely more on bank lending as it shrinks balance sheet – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. The European Central Bank has announced one of the biggest overhauls of its relationship with the financial system in a decade, outlining plans to increase lending to commercial banks while shrinking its vast bond portfolio. ECB Board […]
Euro’s Outlook Hinges on ECB Guidance; Trade Setups on EUR/USD, EUR/GBP, EUR/JPY – DailyFX
Most read: The US dollar falls, and the Fed’s resolve is called into question. USD/JPY, USD/CAD settings before NFP Thursday’s meeting of the European Central Bank (ECB) is likely to be a calm one, with markets widely expecting interest rates to remain unchanged for the fourth consecutive time. For this reason, investors should closely monitor […]