Author: Lila Harrington

Lila Harrington is an editor at MoneyRants.com. With an impressive career spanning over two decades, Lila has developed a keen eye for compelling stories and a deep understanding of the intricacies of the financial world. Lila’s expertise covers a diverse range of topics, including personal finance, banking, investing, and broader financial trends. Her ability to distill complex concepts into easily digestible content makes her an invaluable asset to the MoneyRants.com team. As an editor, Lila is committed to delivering the highest quality content that empowers readers to make informed decisions about their financial well-being. In her role at MoneyRants.com, Lila strives to uphold the site’s mission of providing valuable, unbiased, and accurate information to help readers take control of their finances and navigate the complexities of the financial world. Lila’s dedication to her craft and her passion for educating others make her an integral part of the MoneyRants.com team.

Weekly EurUsd Outlook for June 17, 2024 – Fed Stance and European Politics Drive Market

Europe has weathered the impact of nationalism after the parliamentary elections, although there have been some national disruptions (see France), which are weighing down the euro. In the United States, inflation continues to slow, but the Federal Reserve has informed the markets that there will be at most two rate cuts in 2024, postponing expansionary…

June 17, 2024
Weekly EurUsd Outlook for June 3, 2024 – Favorable Euro Window Amidst Inflation Concerns

ECB Rate Decision Nears Amid Rising European Inflation The ECB’s rate decision is approaching, and the preliminary inflation data for May is crucial for understanding whether Frankfurt will act in this direction or be swayed by some conflicting signals that have emerged in recent days. Inflation is indeed rising in Germany, according to preliminary May…

June 3, 2024
EUR/USD Weekly Outlook for May 27, 2024 – Low Volatility and Central Bank Anticipation

The minutes of the latest Federal Reserve meeting highlighted that it is still not time to cut rates in the United States. Upcoming data will be crucial in determining if such a move will be made in 2024, while the ECB appears ready to proceed with it as early as June. EUR/USD remains without clear…

May 27, 2024
Weekly EUR/USD Outlook for May 20, 2024 – Inflation Weighs on the Dollar

U.S. Inflation Moderates, Boosting Euro Against Dollar Inflation is aiding the euro, which is approaching resistance levels that, if breached, could trigger a rally for the single currency. We’ll delve into this more in our regular technical analysis section on EUR/USD. As expected, the key market mover this week was the U.S. April inflation data.…

May 20, 2024
EurUsd Weekly Outlook for May 13, 2024 – Eyeing Rate Cuts in Europe

A week not abundant with macroeconomic insights as we await American inflation data. The market is settling on the idea that the Federal Reserve will start cutting rates from September onwards. The partial asynchrony with the Eurozone, where the cost of borrowing is expected to begin decreasing from June, has favored a return of EurUsd…

May 13, 2024
Weekly Outlook for EurUsd as of May 6, 2024 – Dollar’s Defense Tested Amidst Economic Uncertainty

As predicted, the Fed keeps rates unchanged at 5.5%, while simultaneously slowing down the pace of reducing the central bank’s balance sheet. The economy continues to run at full throttle, coupled with low unemployment, which prevents inflation from decreasing as expected, forcing the Fed to maintain a restrictive monetary policy. The dollar remains strong but…

May 6, 2024
Weekly EurUsd Outlook, April 29, 2024 – Europe Poised to Capitalize as U.S. Growth Slows

Interest Rate Strategies Amid Economic Shifts Markets have a fairly clear idea of what should happen with interest rates. The ECB might cut rates once or twice in 2024, with the first move expected in June, while the Fed might only adjust monetary policy by late 2024 if inflation slightly recedes from current levels and…

April 29, 2024
Weekly EurUsd Outlook for April 15, 2024 – U.S. Inflation Climbs, ECB Holds Rates

March U.S Inflation Fuels Economic Uncertainty Amid ECB Caution March’s eagerly awaited U.S. inflation data showed a significant rise, particularly in petroleum products, setting the stage for an increase in the headline CPI to 3.5%. The core rate, stripped of volatile components, exceeded expectations at 3.7%. Recent remarks from central bankers, focusing largely on unexpectedly…

April 15, 2024
UBS Updates Year-End S&P 500 Target to 5,500 Amid Strong Economic indicators

In a recent market analysis report, UBS has adjusted its year-end target for the S&P 500 to 5,500, up from its previous estimate of 5,200. This revised forecast comes as U.S. equities continue to experience robust growth, supported by solid earnings performances and significant investments in artificial intelligence (AI). For the first quarter of 2024,…

April 14, 2024
Wall Street Forecasts Reflect Rising Confidence in S&P 500 with Latest Update from Wells Fargo

Amidst an atmosphere of growing economic optimism, Wall Street has seen a series of bullish revisions to S&P 500 year-end targets, culminating in Wells Fargo’s latest and highest forecast to date. In a recent industry trend, prominent financial institutions have been adjusting their expectations for the S&P 500 index. Oppenheimer Asset Management and Société Générale…

April 11, 2024