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Month: September 2023

Cryptocurrencies

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over We expect the ECB to deliver a final 25bp rate hike during next week’s ECB meeting due to still too strong inflation momentum Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over We expect the ECB to deliver a final 25bp rate hike during next week’s ECB meeting due to still too strong inflation momentum Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over We expect the ECB to deliver a final 25bp rate hike during next week’s ECB meeting due to still too strong inflation momentum Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over

ECB Preview: A Final Rate Hike, But Restrictive Policies Are Not Over We expect the ECB to deliver a final 25bp rate hike during next week’s ECB meeting due to still too strong inflation momentum Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

USD/JPY: Bulls Remain in Play Despite Intervention Fears

USD/JPY bulls are taking a breather after three-day rally which accelerated to new 2023 high on Tuesday (the pair was up 0.9% for the day). Traders remain cautious on looming intervention, as Japan’s authorities reiterated Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0685; (P) 1.0744; (R1) 1.0781; More… EUR/USD’s fall from 1.1274 is in progress and intraday bias remains on the downside. Deeper decline would be seen to 1.0609/34 cluster support next. On the Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

Euro Steady Higher Despite Soft German, Eurozone Data, US Services PMI Next

German factory orders slide by 11.7% Eurozone retail sales decline by 0.2% EUR/USD inches higher The euro has steadied on Wednesday, following sharp losses a day earlier. In the European session, EUR/USD is trading at Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

Has Euro/Dollar Entered Bearish Trend or Is It in Correction?

With economic numbers out of the Eurozone heightening recession concerns, and US data keep pointing to a superior US economy, the euro/dollar pair has been in a sliding mode recently. ECB seen holding its fire Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

Gold Returns to Bearish Area

Gold came under fresh selling pressure after rising as high as 1,952 in the first trading day of September, exiting the rising channel in the four-hour chart and pulling back into the May-August bearish channel. The price is currently Read more…

By , 3 years ago September 6, 2023
Cryptocurrencies

Eurozone retail sales down -0.2% mom in Jul, EU fell -0.3% mom

Eurozone retail sales volume fell -0.2% mom in July, matched expectations. Volume of retail trade decreased by -1.2% mom for automotive fuels, while it increased by 0.4% mom for food, drinks and tobacco and by Read more…

By , 3 years ago September 6, 2023

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