Category: Global
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EurUsd Weekly Outlook – September 9, 2024: Markets Brace for Fed and ECB Decisions
The dollar continues to remain weak ahead of the two central bank meetings (FED and ECB), which are expected to result in a new rate cut from the ECB and the start of an expansionary phase by the FED. The dollar is losing ground due to the prospect of a more decisive U.S. monetary policy…
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Weekly EurUsd Outlook for September 2, 2024 – Dollar Resilience Amid Fed Rate Cut Expectations
The resilience of the dollar seems to be the dominant theme as August comes to a close, with the Fed making it clear that rate cuts will occur before the November presidential elections. The greenback has held its ground, avoiding a breach of key technical levels against both the euro and the yen. Meanwhile, in…
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Weekly EurUsd Outlook for August 26, 2024 – Dollar Freefall Amid Powell’s Rate Cut Signal
Markets are in sync with Powell and the Fed, as Jackson Hole saw the announcement that the time for rate cuts has arrived. The U.S. economy is slowing down, job creation is falling short of estimates, and inflation is gently retreating. A similar situation is unfolding in Europe, but it was enough for the stock…
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Weekly EurUsd Outlook for July 29, 2024 – Rising Volatility and Political Shifts Shape Market Trends
After Biden’s withdrawal from the race for the White House, the electoral contest will be Harris versus Trump until November. Meanwhile, markets are in turmoil due to lackluster quarterly data, the Chinese crisis, and the strengthening yen. All these factors have increased market volatility, but not for EurUsd.
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Weekly EurUsd Outlook for July 22, 2024 – Fed & ECB Rate Cuts on the Horizon, Biden Withdraws
Biden has decided to step back from the presidential race, and this event, following the attack on Donald Trump, further fuels uncertainty about the outcome of the November election. Meanwhile, the market is convinced of a Fed Funds rate cut in September. The ECB remains on standby, announcing a possible move in September if inflation…
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Weekly EurUsd Outlook July 8, 2024 – French Vote Shakes Markets
The French elections seem to have almost benefited the euro, which had dangerously approached critical support levels. The prospect of political stagnation combined with uncertainties on the American electoral front, as well as a certain stand-by on interest rates, help to keep the trading range on EurUsd active.
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Weekly EurUsd Outlook for July 1, 2024 – Eurozone Risks Overlooked Amid Market Highs & Political Uncertainties
Key Events Impacting Markets: Trump-Biden Debate and French Election Last week was largely influenced by two main events: the first Trump-Biden debate and anticipation for the French election, where Macron’s tenure at the Élysée is at stake. The final round of the French election will be on July 7, but the current state of tension…
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EurUsd Weekly Outlook June 24, 2024 – Euro Tensions and Dollar Dynamics
French Elections and the Fed Under Scrutiny France remains at the forefront with its political crisis, expected to be resolved soon with the upcoming political elections. Currently, the euro is experiencing some pressure, though it is relatively mild. The spread between France and Germany has surged beyond 70 basis points, the highest in the last…
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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…
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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…