[EUR/USD] Is the ECB Close to Ending Rate Cuts?
Yesterday’s European Central Bank (ECB) meeting notes said that ‘interest rates are mostly in a neutral area’ and ‘keeping rates at the current level gives more time to watch trade …
[EUR/USD] Political Worries in France and Netherlands
During Tokyo trading, the euro fell to the low 1.16 level as U.S. long-term interest rates slowly went up. In the European market, worries about politics in France and then …
[EUR/USD] U.S. Federal Reserve Independence and U.S. Rate Decline
Yesterday, when President Trump announced a dismissal notice forFederal Reserve Board (FRB), the dollar dropped sharply and the euro rose to 1.1660. Later, Governor Cook said ‘there is no reason …
[EUR/USD] Round Trip
At the Jackson Hole meeting last weekend, Chairman Powell’s comments pushed the euro up from around 1.16 to 1.1742. At the start of this week, selling followed, and when U.S. …
[EUR/USD] Trying for This Year’s Highest Level
At the Jackson Hole meeting last weekend, Chairman Powell’s comments increased expectations of a September Fed rate cut, and the U.S. dollar weakened across the board. The euro had been …
[EUR/USD] Round Top
Yesterday, the PMI results from European countries were better than expected, so the euro rose to 1.1662. However, it could not reach the previous day’s high of 1.1674 and then …
[EUR/USD] Dollar Falls After Trump’s Comment
In the Tokyo market, the euro first went down to 1.1623, but it quickly recovered. Later, in the European market, Germany’s July Producer Price Index (PPI) was lower than expected, …
[EUR/USD] Hopes for Ukraine Peace
In the European market, the euro was bought because of hopes for a U.S.–Russia–Ukraine meeting. The euro rose to 1.1692, but it could not reach the previous day’s high of …
[EUR/USD] Short-Term Double Top
In the Tokyo market at the start of the week, the euro rose to 1.1715, the same level as last weekend’s high, but it could not break above and then …
[EUR/USD] Weak Dollar and Weak Yen
At the start of last week, the euro fell to 1.1590 after news that the U.S. would extend high tariffs on China for 90 days, which led to dollar buying. …