[EUR/USD] ECB Nears End of Interest Rate Cuts
Last week, the European Central Bank (ECB) lowered interest rates by 0.25%, as expected. After that, ECB President Lagarde said this rate cut may be close to the end of …
Last week, the European Central Bank (ECB) lowered interest rates by 0.25%, as expected. After that, ECB President Lagarde said this rate cut may be close to the end of …
At yesterday’s European Central Bank (ECB) meeting, the interest rate was cut by 0.25% to 2.15%, as expected. The official statement repeated that if trade tensions grow, economic growth and …
Yesterday, U.S. economic reports (ADP jobs data and ISM non-manufacturing index) showed the economy is weaker than expected. This caused the U.S. dollar to fall, and the euro rose to …
Last week, President Trump extended the 50% tariffs on the EU until July 9. This helped support the euro. Also, renewed tensions between the U.S. and China caused people to …
In the Tokyo market, the euro dropped from 1.1295 to 1.1211 after the U.S. International Trade Court ordered a stop to Trump’s tariffs. However, because many people think the tariffs …
Even though President Trump announced an extension of the 50% tariffs, the euro still went down. Last week, after the first announcement of the tariff increase, the euro first dropped …
At the end of last week, President Trump said he would add a 50% tax on goods from the EU. But instead of going down, the euro went up. On …
Following the U.S. market drop the day before, the euro stayed strong from Tokyo to the European market and rose to 1.1344. However, new economic data from Germany and the …
After Moody’s lowered the U.S. credit rating at the end of last week, the euro rose to near 1.12 at the start of the Tokyo market. In the European market, …
For two days in a row, the daily candlestick chart showed a long upper shadow, but the euro did not rise. Even though U.S. long-term interest rates went down, selling …