Tag: ECB
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Weekly EurUsd Outlook for August 5, 2024 – Markets Anticipate Fed & ECB Rate Cuts Amid Economic Uncertainty
Fed Defers Rate Decision to September Amid Rising Employment Concerns The Federal Reserve has kept interest rates unchanged as expected, deferring any decisions to September, contingent on upcoming data confirming the rising inflation trend seen so far. Consequently, the market has responded by further lowering long-term interest rates, convinced that there will be multiple rate…
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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 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…