EURUSD Market Update 27 Apr 2023
Next week we will have multiple important economic announcements from both Europe and US such as CPI from Europe and Interest Rate Decisions from FOMC and ECB.
EURUSD Market Update 19 Mar 2023
After the ECB Interest Decision rate announcement last week, this week is US Federal Reserve’s turn to announce their FOMC Interest Decision Rate. Do you think US Fed will raise only 0.25% as per the market’s consensus?
EURUSD Market Update 12 Mar 2023
This coming week will have US CPI and PPI announcements while from the Europe side, there will be an interest rate decision from European Central Bank(ECB). Let’s review EURUSD and have a game plan for this upcoming announcement.
EURUSD Market Update 29 Jan 2023
This coming week will be an interesting and volatile week as both US Federal Reserve and European Central Bank (ECB) will announce their interest rate decision in the same week. In addition to that, Europe will also release its GDP, CPI, and inflation rate economic data.
EURUSD Market Update 11 Jan 2023
When we review the market news today, we realized that now the market is very extreme on upcoming CPI prediction in both different directions.
2022 Forex Year End Holiday
Time flies and now it is year-end again. Year-end is always a good time to relax, celebrate with your loved and review your trading result for 2022. Of course, it is a good time to plan for 2022 too. We also want to remind all our clients to be cautious about trading during the holiday season.
EURUSD Market Update 11 Dec 2022
This coming week will be a very interesting (or we should say a volatile week) week for EURUSD as there are many important economic announcements scheduled in the coming week as follows
- US CPI on 13 Dec
- Fed Interest Rate Decision on 14 Dec
- ECB Interest Rate Decision on 15 Dec
It is time for us to be cautious again for the EURUSD market.
EURUSD Market Update 6 Nov 2022
Last week, FOMC raised the interest rate by 0.75% as expected and the stock market was rally after the interest rate announcement, but then the market turn bearish again after Powell’s speech. Powell has turned down the market’s hope of slowing interest rate hikes and the USD turned strong before Friday.
EURUSD Market Update 31 Oct 2022
Last week, European Central Bank (ECB) raised the interest rate by 0.75% as per expected but Canada’s Central Bank, which is just next to the United States surprisingly raised its interest rate by 0.5% only, against the consensus of 0.75%. What will FOMC do in this coming Interest Rate Decision on 2 Nov 2022?
EURUSD Market Update 23 Oct 2022
There is no FOMC meeting on Oct but European Central Bank’s(ECB) Interest Rate Decision is coming this week on 27 Oct 2022.