Currency News

Expect EUR/USD Dip Buyers This Week Into Wednesday’s Fed Meeting As we head into a critical week for the financial markets, EUR/USD traders should prepare for potential buying opportunities. The European Central Bank (ECB) met last week, holding back on providing a clear signal about rate cuts for October, leaving the market leaning more positive … Read more

Euro/Pound Bias After ECB’s Decision: What’s Next for EUR/GBP? Following the recent European Central Bank (ECB) decision, a new buy bias has emerged for EUR/GBP. The ECB’s cautious tone, coupled with market reactions, has made euro buying more attractive against the pound. Despite the anticipated rate cuts, the market has shifted slightly more hawkish, hinting … Read more

Dollar Weakens as Rate Cut Expectations Shift The U.S. dollar is increasingly under pressure as shifting market expectations surrounding the Federal Reserve’s next moves weigh on its outlook. A recent article by Nick Timiraos in the Wall Street Journal, *The Fed’s Rate-Cut Dilemma: Start Big or Small?*, brought fresh insights into how market participants are … Read more

Dollar Strength After CPI Surprise Yesterday’s U.S. CPI report once again reminded traders why inflation data is still a critical driver of market sentiment, especially in the context of the Federal Reserve’s monetary policy. The print came in higher than expected, with shelter prices being the main contributor to the surprise uptick in inflation. This … Read more

ECB Rate Cut: What to Expect? As we approach the European Central Bank’s (ECB) highly anticipated rate decision, markets are holding their breath for what seems to be a foregone conclusion—a 25bps rate cut. This move is widely expected, as ECB officials have already signaled a measured approach to rate cuts given the backdrop of … Read more

Yen Strength: What’s Driving It Yen Gains Momentum: What’s Behind the Move? The Japanese yen has been showing renewed strength recently, and it’s catching the attention of traders globally. After a long period of relative weakness due to the Bank of Japan’s (BoJ) ultra-loose monetary policy, the yen is starting to gain traction. What’s driving … Read more

Euro/Pound: A Dip Buying Opportunity? Euro/pound is currently hovering around strong support levels, and today’s UK labor report has provided additional factors to consider. While payrolled employees dropped by 59,000 in August—indicating possible labor market strain—the broader employment picture is more optimistic. The UK saw a surge of 265,000 new jobs in the three months … Read more

Waiting for the UK GDP: What Will It Show? Today’s UK labor data has delivered a complex picture, setting the stage for tomorrow’s GDP release, which could significantly impact the pound’s direction. On one hand, payrolled employees decreased by 59,000, or 0.2%, in August 2024—marking a concerning development for wage-earners. This fall follows a downwardly … Read more

US Labor Market: Deteriorating but Not Collapsing Recent labor market data for the U.S. shows signs of a slowdown, but it’s not a full-blown collapse. In August 2024, the economy added 142,000 jobs—falling short of expectations of 160,000 but still a notable improvement from July’s downwardly revised 89,000. Key sectors such as construction (+34K) and … Read more

ed Blackout Period: What It Means for Markets Fed Blackout Period: What It Means for Markets The Federal Reserve has officially entered its blackout period ahead of the September 19th FOMC meeting. During this time, no Fed officials are allowed to make public statements, leaving markets in a holding pattern. The next major focus is … Read more