[EUR/USD] German ZEW and Political Instability
Yesterday, as U.S. long-term interest rates rose, there was a strong push to sell the euro. Concerns about the eurozone grew as the German coalition government collapsed, and Germany’s November …
[EUR/USD] German Political Uncertainty and Trump Administration
On Monday, in the European market, dollar buying led to a drop in the euro. With fewer participants in the NY market due to Veterans Day, selling continued, pushing the …
[EUR/USD] Collapse of German Government and New U.S. Administration
At the beginning of the week, the euro rose to the upper 1.09 level following reports favoring Harris. However, after Trump’s decisive victory, the dollar strengthened significantly, causing the euro …
[EUR/USD] After the Buyback Cycle
Yesterday, the unwinding of the “Trump rally” continued, and the Euro rose past the previous day’s high of 1.0914, reaching 1.0936. The U.S. ISM Non-Manufacturing Index for October, which was …
[EUR/USD] Focus on U.S. Election
The euro rose sharply in the Asian market at the start of the week, climbing from last week’s close of 1.0830 to around 1.0880. This increase is likely due to …
[EUR/USD] HICP Growth Speeds Up
The October HICP (Harmonized Index of Consumer Prices) for the Eurozone was released yesterday at 2.0%, above the expected 1.9%, marking the first increase in three months. This drove the …
[EUR/USD] Stronger-than-Expected Eurozone GDP
Yesterday, GDP for key European countries such as Germany and France for the July-September period exceeded expectations, leading to increased buying of the euro. This pushed EUR/USD up to the …
[EUR/USD] Germany’s GDP and CPI
The Euro rose to 1.0826 as U.S. long-term interest rates fell from the Tokyo session to the European session. However, as U.S. interest rates went back up, the Euro dropped …
[EUR/USD] ECB Rate Cut Expectations Decline
In the Tokyo market, the euro faced resistance and moved downward, dropping to 1.0783. However, it reversed in the European market. Statements from Unsch, the head of Belgium’s central bank, …
[EUR/USD] Eurozone CPI and Next Week’s FOMC Meeting
Compared to the strong U.S. economy, the weaker European economy and rapid interest rate cuts have caused the euro to fall. It dropped from around $1.12 (where it hit a …