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EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations. We will discuss key technical levels to watch ahead of ECB and PPI. For...
The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate. The EUR/USD managed to rebound a touch after...
USD Perhaps unsurprisingly, the debate between Harris and Trump dominates the newspaper front pages this morning. Consensus opinion points toward Harris as the victor, with betting markets now giving...
Markets are convinced the European Central Bank (ECB) will cut rates once again when they meet on Thursday. Compared to the Federal Reserve, the ECB seems to have it under control when it comes to...
USD: All to play for in Philadelphia FX markets are marking out ranges as they wait for fresh inputs. Overnight we saw some better Chinese trade data, where exports surprised on the upside and...
USD Markets had been hoping that Friday’s jobs numbers would settle the debate over whether 25 or 50bps of rate cuts would be delivered by the Fed later this month. Ultimately, the data failed to...
EUR/USD traders are eyeing crucial U.S. economic data due tomorrow. The pair found support around 1.105 this week after hitting a yearly high in August. A break above a key resistance could push the...
USD: ING's customers turn a little more bearish on the dollar In a poll taken during our Economics Live webinar yesterday, 25% of respondents felt EUR/USD would end the year over 1.13, while 46%...
USD ISM manufacturing data is the key point of note for the US today – an appetiser ahead of Friday’s main event, with the publication of the August jobs report. With all attention squarely on the...
Eurozone CPI data paves the way for more cuts. This comes at a time when the market is debating between a 25 or 50 bps cut by the Fed. Meanwhile, the EUR/USD pair is nearing a key support area. For...
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