Daily Outlook for 10th Feb 2022
Daily Outlook for 10th Feb 2022
Euro bounce pauses ahead of U.S. inflation
By Tom Westbrook SINGAPORE (Reuters) – A resurgent euro was hunkered just short of strong resistance levels on Tuesday as traders awaited U.S. inflation data due later in the week, wary it could trigger gains in the dollar. The common currency leapt 2.7% last week after a hawkish shift in tone at the…
NFP Preview And Why EUR Beat GBP 4-Fold Post ECB/BoE
By Kathy Lien, Between Facebook’s weak earnings and negative guidance, a rate hike from the Bank of England and concerns about inflation from the European Central Bank, it proved to be a very lively day in the forex market. EUR and GBP soared on the back of the rate decisions, with EUR/USD jumping…
ECB Versus BoE: What To Expect For EUR And GBP
By Kathy Lien For currency traders, the action heats up in the next 24 hours, with the European Central Bank and Bank of England monetary policy announcements on Thursday followed by U.S. and Canadian employment reports on Friday. Even though non-farm payrolls are traditionally one of the most market-moving events, we expect bigger…
Daily Outlook for 02nd Feb 2022
Daily Outlook for 02nd Feb 2022
Daily Outlook for 01st Feb 2022
Daily Outlook for 01st Feb 2022
Why AUD & EUR are Soaring into RBA, ECB
By Kathy Lien, The two best performing currencies today were the Australian dollar and euro which is a bit ironic because the Reserve Bank of Australia and the European Central Bank are two of the least hawkish central banks. Yet central bank expectations are the reasons why AUD and EUR soared on Monday.…
Dollar set for sparkling week as hike expectations surge
By Tom Westbrook SINGAPORE (Reuters) – The dollar was headed for its best week in seven months on Friday after breaking through key levels against the euro as traders priced in a year of aggressive U.S. interest rate hikes. Federal Reserve chair Jerome Powell unleashed bets on five or more hikes this year…
Daily Outlook for 27th Jan 2022
Daily Outlook for 27th Jan 2022
Dollar finds buyers as Fed flags hikes
By Tom Westbrook SINGAPORE (Reuters) – The dollar was perched near a five-week high on Thursday, bolstered after Federal Reserve chair Jerome Powell primed investors for U.S. interest rate hikes beginning in March. Overnight the Fed left policy unchanged but Powell foreshadowed a sustained battle to tame inflation. He told reporters there was…
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