[EUR/USD] Will the European Central Bank (ECB) Cut Rates Again?
At the European Central Bank (ECB) meeting yesterday, the interest rate was kept at 2.15%, just as most people expected. The official statement did not include any big news. However, …
[EUR/USD] European Central Bank (ECB) Meeting and Tariff Talks
After the US and Japan agreed on tariffs, people bought the US dollar, and the euro slowly went down to 1.1711. Later, US Commerce Secretary Ratnick said the US-Japan deal …
[EUR/USD] Hopes for ECB Meeting
As U.S. long-term interest rates went down, the euro rose above the strong resistance level around 1.1720. On this day, Secretary Bessent said, “Talks can continue even after the deadline.” …
[EUR/USD] Hopes for European Central Bank (ECB) Talks
On the 20th, U.S. Commerce Secretary Ratnick said, “I’m confident we can reach a trade deal with the EU.”Yesterday, Treasury Secretary Bessent also said, “Our relationship with the EU is …
[EUR/USD] European Central Bank (ECB) Meeting and Tariff Talks
Last week, the euro fell to around 1.1550 after U.S. inflation data (CPI) came out higher than expected. But then, the euro went back up to 1.1720 after news that …
[EUR/USD] Can the Drop Stop?
Because of the news about Fed Chair Powell possibly stepping down, the euro rose from around 1.1560 to 1.1720 the day before. After that, the euro started trading with little …
[EUR/USD] Still Hard to Go Higher
The euro stayed strong from the Tokyo market to the European market because U.S. long-term interest rates went down. In the New York market, when the U.S. PPI was a …
[EUR/USD] Strong Dollar
Yesterday in New York, the U.S. inflation data (CPI) was higher than expected. This made U.S. long-term interest rates go up, so the euro became weaker and fell. It went …
[EUR/USD] 30% EU Tariff and Retaliation
At the end of last week, President Trump said he would add a 30% tariff on goods from the EU. Because of this, the euro started lower at 1.1660 in …
[EUR/USD] 30% EU Tariff
Last week, European Central Bank (ECB) Vice President De Guindos said that if the euro rises above 1.20 dollars, it will be hard for the central bank to respond. Because …