What is the schedule for the HCOB German/Eurozone flash PMIs and what impact might they have on EUR/USD?
Mixed Signals from German PMI Data German manufacturing’s PMI dropped to 48.5 in September, missing the 50 mark that was anticipated. The Service PMI for Germany saw a significant increase, rising to 52.5, much higher than the expected 49.5. EUR/USD is trading close to 1.1800 following these mixed PMI results. In September, the German manufacturing […]
EUR/USD climbs to 1.1800 as the Dollar falls before Powell’s speech.
Fed officials displayed differing views: Bostic, Musalem, and Hammack leaned hawkish, while Miran was dovish, suggesting neutral rates at just 2%. The dollar index dropped by 0.34%, landing at 97.31, which weakened the USD and boosted the EUR/USD pair. Traders are eager for new insights from Powell’s upcoming speech and the Flash PMI data set […]
EUR/USD Outlook for 22/09: Euro Declines Early on Friday
Created on September 22, 2025 The euro dipped slightly early Friday, but as Americans begin to shop, there’s a hint of movement. No one really enjoys selling USD more than Wall Street, so this isn’t too surprising. Right now, we’re sitting below the 1.18 mark, which was a crucial resistance level that hasn’t held up […]
EUR/USD continues to drop as focus shifts to Fed monetary policy
The euro rebounded from recent lows, rising above 1.1750, which is a positive sign on daily charts. Attention is now on upcoming speeches from Federal Reserve officials for insights into the bank’s monetary policy. Federal Reserve Chairman Jerome Powell is scheduled to address the public on Tuesday, potentially influencing the short-term direction of the USD. […]
EUR/USD further declines below 1.1750 before Eurozone Consumer Confidence report
The EUR/USD is likely to drop as the US dollar maintains its positive momentum on Monday. The dollar will strengthen further since Federal Reserve Chairman Powell indicates there’s no urgency to adjust interest rates soon. Preliminary consumer confidence in the eurozone for September is projected to be at -15.4, showing a slight rise from -15.5 […]
EUR/USD falls as Dollar strengthens due to yields, French unrest affects Euro
The US dollar has recovered from a three-year low following the Federal Reserve’s interest rate cut, influenced by rising US Treasury yields later in the week. Federal Reserve officials Daly and Kashkari adopted cautious tones, while Governor Miran expressed a preference for more aggressive measures. Protests against spending cuts in France are increasing pressure on […]
EUR/USD drops further as the US Dollar strengthens and the ECB takes a cautious stance
Following dovish comments from ECB’s Centeno, the euro slipped below 1.1750. Robust US unemployment claims and manufacturing data helped boost the US dollar. Political unrest in France continues to exert pressure on the euro. The EUR/USD continues to dip for the third consecutive day, sitting at 1.1765 as of Friday’s update, having retreated from a […]
EUR/USD remains weak under 1.1800 before German PPI figures
The EUR/USD pair is likely to decline as the US dollar strengthens with a steady outlook from the Federal Reserve. The US Central Bank has signaled that it won’t expedite interest rate cuts anytime soon. Traders might find support for the euro, possibly halting the easing measures from the ECB. The EUR/USD pair is, I […]
EUR/USD drops to 1.1780 as Powell’s strong stance supports US Dollar
The Euro dips as Powell expresses a cautious stance despite a 25 bps rate cut. The jobless claims data and the Philadelphia Fed report exceeded expectations, bolstering the dollar’s performance after the FOMC meeting. ECB officials maintain a neutral tone, stating inflation risks are balanced while acknowledging a weak growth outlook. The EUR/USD saw an […]
EUR/USD retreats as the effects of the Fed’s cautious rate cut settle
Ahead of US Jobless Claim Release: Euro Recovers from 1.1780 to 1.1750 The Fed cut rates as anticipated, indicating further easing on Wednesday, although policymakers are divided on future rate paths. A moderate risk appetite may support a recovery for the US dollar on Thursday. The EUR/USD currency pair managed to regain some earlier losses […]