EUR/USD recovers from Warsh selloff, focuses on ECB rate decision
EUR/USD has erased most losses from Warsh's hawkish speech ahead of the ECB rate decision, with the US CPI also in focus.
EUR/USD has erased most losses from Warsh's hawkish speech ahead of the ECB rate decision, with the US CPI also in focus.
EUR/USD expiries at 1.1600 and 1.1650 are set for 10 September 10am New York cut, reinforcing range-bound trade ahead of the ECB decision.
ING expects a 25bp ECB hike across all scenarios, with the guidance tone set to move markets.
US dollar weakens in early trading; yen strongest, NZD weakest. Equities slide, oil rallies on Middle East tensions.
MUFG sees ECB hike this week, highlights euro downside risk from Lagarde's comments, German elections, and gas prices.
EUR/USD consolidates ahead of US CPI. Dollar spiked on NFP but focus remains on inflation. ECB likely to hike 25 bps.
Eurozone Sentix investor confidence index rose to 5.1 in September, its highest since February 2022.
The US dollar had a mixed reaction to the blockbuster US jobs report, with technical levels causing reversals in some pairs.
The USD trades in narrow ranges ahead of the US jobs report, with technical levels highlighted for EURUSD, USDJPY and GBPUSD.
FX option expiry strikes and notional amounts for major pairs at the Sept. 4 New York cut.
Eurozone PMIs for August held steady, with growth matching July's pace and price pressures remaining elevated.
EUR/USD pulled back as hawkish Fed bets steadied and profit-taking emerged; traders eye US CPI for rate hike clues.
EURUSD tested 100-day moving average support and 100-hour moving average resistance, providing clear trade entries and exits.
Eurozone final manufacturing PMI came in at 52.7 in August, with Germany posting its strongest growth in over four years. Inflation pressures eased further.
EURUSD bounced from support at the 100-day MA and 38.2% retracement, now testing a swing area ahead of the 200-day MA.