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.

EurUsd Weekly Outlook for August 28, 2023 – A Gray Cloud from Jackson Hole

Inflation remains too high, requiring the maintenance of elevated interest rates for an extended period. Powell and Lagarde reiterated the views of the world’s two most important central banks at the Jackson Hole symposium. Both the Fed and the ECB may consider a pause for reflection in September, a move that markets have appreciated. However,…

August 28, 2023
EurUsd Weekly Outlook for August 14 2023 – Rates cannot decrease with these macro data

The American inflation rises in July as forecasted, after a year of steady decline. Producer prices are also seeing an uptick. Economic forecasts of accelerated growth prompt the FED to be cautious about easing their grip on interest rates. The EurUsd remains in a limbo phase, awaiting the Jackson Hole meeting at the end of…

August 14, 2023
EurUsd Weekly Outlook for August 7, 2023 – Farewell to Triple A, Credit Downgrade that Could Spell Good News for the Dollar

The US debt loses its Triple A rating, a somewhat surprising decision by the Fitch Ratings agency, which has increased market volatility in the context of an ongoing restrictive monetary policy. Meanwhile in Europe, the submissive producer prices are raising doubts in Frankfurt about the prudence of further interest rate hikes. Amidst volatility, the EurUsd…

August 7, 2023
EurUsd’s Weekly Outlook of July 31, 2023 – Inflation, Rates, Gas and Euro-Dollar Movements

The Federal Reserve (Fed) and the European Central Bank (ECB) have met market expectations, each increasing the cost of borrowing by a quarter of a percentage point. There will be no interest rate cuts in 2023, and we won’t see a return to 2% inflation in 2024. As this unfolds, Europe’s economy is slowing down…

August 1, 2023
EurUsd weekly outlook for July 3, 2023 – the Fed & the ECB Show a Stern Face

The Federal Reserve and the European Central Bank maintain a steadfast stance on inflation, consequently affecting interest rates. A gathering in Sintra presented an opportunity for central bankers to engage in insightful discussions. Both Lagarde and Powell echoed the sentiment that the surge in monetary costs has not reached its apex. This suggests the introduction…

July 3, 2023
EUR/USD Weekly Outlook for June 26, 2023 – Anticipating Further Rate Increases

In his recent congressional testimony, Powell asserted that additional interest rate hikes might be required to combat inflationary pressures within the United States. Yet, market reactions imply a level of skepticism towards the Federal Reserve’s position, potentially hinting at apprehensions about the European Central Bank’s prospective assertiveness, as evidenced by the marked depreciation of the…

June 26, 2023
Federal Reserve Hits Pause on Interest Rate Hikes, Signals Two More Increases by Year’s End

On Wednesday, the Federal Reserve (Fed) paused its streak of interest rate hikes at ten, deciding to take stock of the cumulative impacts of the increases. The Fed’s policy-making arm, the Federal Open Market Committee (FOMC), though, forecasted a pair of quarter-percentage point boosts on the horizon before 2023 concludes. Although this decision created some…

June 15, 2023
EurUsd Weekly Outlook for June 12, 2023 – Attention Shifts to Interest Rates Decisions

The United States, as is often the case, managed to dodge the default bullet at the last minute. The spotlight now swings to the Federal Reserve (Fed) and the European Central Bank (ECB), whose impending monetary policy decisions are set to shape the trajectory of the stock and bond markets over the summer. These markets…

June 12, 2023
Japan’s Economy Surpasses Growth Expectations

Japan’s economy experienced stronger growth in the first quarter of the year than previously estimated, according to government data released on Thursday. The annualized growth rate reached 2.7%, surpassing the earlier projection of 1.6% made last month. The Japanese yen saw a modest 0.14% strengthening against the U.S. dollar following the announcement, while the Nikkei…

June 8, 2023
EurUsd Weekly Outlook for June 05 2023 – Navigating the EurUsd in the Face of Monetary Shifts

Post Debt Ceiling: The Spotlight Shifts to the Federal Reserve Following an agreement, President Biden prevents default by raising the debt ceiling, pushing the issue to January 2025. This defers any risks associated with the 2024 presidential campaign, which markets have largely absorbed with nonchalance. However, the possibility of the first interest rate cut in…

June 5, 2023