EURUSD Market Update 11 Dec 2022

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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

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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

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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 17 Jul 2022

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EURUSD now is at a level that we have never seen before since 2003. We saw a few moments when EUR is lower than USD last week.

This week there will be a European Central Bank (ECB) Interest Rate Decision announcement on 21 Jul and next week there will be an FOMC Interest Rate Decision and Press Conference on 27 Jul.