Forecasts & Analysis | EUR/USD
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – DXY Slides Following Powell’s Cautious Inflation Remarks
Dollar Index drops after Fed Chair Powell signals uncertainty about inflation, hinting at potential rate cuts later this year.
US Dollar (DXY) Index News: Lower as Powell Reitrates Cautious Rate-Cutting Stance to Congress
Powell’s testimony weakened the Dollar; Fed focuses on inflation, hinting at short-term bearish USD trends.
EUR/USD Forecast – Euro Continues to Go Sideways
The euro has continued to see a lot of sideways action overall, as the market have seemingly had no real push as of late.
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – Investors Await Clarity from Powell
USD faces pivotal moment near 200-4H moving average. Investors await Powell’s clarity amidst Dollar Index stall; caution prevails in G10 FX market.
US Dollar (DXY) Index News: Powell’s Testimony to Set Market Tone
Dollar Index (DXY) traders await crucial economic reports, while Powell’s testimony to Congress is key for monetary policy insights.
EUR/USD Forecast – Euro Continues to be Rudderless
The euro has shown itself to be somewhat listless and rudderless over the last several weeks, and I think more of that is coming as we have the nonfarm payroll numbers coming out on Friday, which of course will have a major influence on momentum and of course risk appetite.
EUR/USD, GBP/USD, DXY Price Forecast: Market Eyes Fed’s Policy, Services PMI
Eurozone’s mixed data sees EUR/USD in a slight dip, with focus shifting to US economic updates for direction.
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – Exhibiting Caution Ahead of Powell Testimony
DXY sees minor fluctuations amid global events, with Fed’s Powell testimony and job data key to interest rate expectations.
US Dollar (DXY) Index News: Traders Await Powell’s Congressional Testimony
U.S. dollar declines amid weak data and market eyes Powell’s testimony and varied inflation trends, impacting Fed’s strategy.
EUR/USD Forecast – Euro Continues to Trade Sideways
The euro has been very sideways for a while, as traders continue to look at both the European Central Bank and the Federal Reserve as likely to cut rates this year.