EUR/USD News, Page 1
- EUR/USD1.1302+0.0023(+0.2057%)05:01:58(GMT)|Real-Time Data, quoted in USD
- Day's Range1.1273 - 1.1303
- Subclass / SectorMajor
The Weekly Wrap – Brexit, the FED and Economic Data Drove the Majors
While a Brexit extension cut the Pound’s losses for the week, risk aversion and a yield curve inversion drove demand for the Greenback and the Yen.
European Equities: Private Sector PMI Numbers to Drive the Majors
It’s a big day for the markets. Private sector PMI numbers out of Europe and the U.S will give some guidance on where the economy is heading.
Private Sector PMI Numbers Put the EUR into the Spotlight
Economic data comes back into focus today. The Eurozone’s private sector PMI numbers will indicate whether the slowdown was temporary or worsening…
European Equities: The DAX Pressures the Majors as Auto Stocks Crumble
A 2019 pause on interest rate hikes by the FED may not be enough should U.S – China trade talks lack progress. It could be a telling end to the week.
USD Index Fall Escalated Selling Bias
Sterling recovers while Euro touches two-week high amidst uncertain Brexit. Major Currencies benefitted from the Greenback slump. Oil prices jump underpinned by latest OPEC news.
The Greenback Takes another Step Back as Geo-political Risk Eases
It’s risk-on through the early part of the day, which sees the Dollar on the defensive once more, A light economic calendar put the FOMC in focus.
The USD is on the Back Foot as Risk Appetite Kicks in Ahead of Today’s Stats
Optimism on trade and the Brexit delay supported risk appetite early on. Economic data out of the U.S will need to be good to reverse early losses.
Brexit and Economic Data Put the Pound Front and Center
It’s a positive start to the day for the Pound. Markets have a worst-case scenario being a delay, while a soft could be the outcome if Theresa May wins.
Brexit Weighs on the GBP as Focus Shifts to the USD and Retail Sales
While Dollar strength kicked in this morning, today’s retail sales figures and sentiment towards Brexit and trade talks will be key.