EUR/USD bears pile into critical monthly territory, but is parity a reality just now? By ross_burland EURUSD DollarIndex Fed ECB Currencies
in the forex space following the Bank of Japan's dovish announcements and a subsequent dash for the US dollar.
The advance estimate of Q1 Gross Domestic Product dropped 1.4% saar, versus consensus expectations for a 1.0% lift. However, traders cheered the details that were reasonably robust, with personal consumption up 2.7% saar, disposable income rising 4.8% and gross private investment up 2.3%. Nevertheless, the dollar stays firm along with the higher yields, which can be chalked up to the dollar smile theory that suggests the dollar will gain during periods of strong U.S. data and rising U.S.''Furthermore, we must stress that negative developments in the rest of the world are playing a big part in the dollar’s strength by highlighting relative fundamentals that favour the greenback.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EUR/USD could reach parity amid an energy war – MUFGEUR/USD is trading at new lows below 1.0620 today after falling notably on the news that Russia has cut gas supplies to Poland. Energy risks are set t
Weiterlesen »
EUR/USD records five-year lows but trims some losses and hovers around 1.0560sEUR/USD records five-year-lows but trims some losses and hovers around 1.0560s By christianborjon EURUSD Majors Macroeconomics Technical Analysis
Weiterlesen »
EUR/USD Technical Analysis: Euro Falls to Lowest in 5 YearsThe downward trend of the EUR/USD currency pair is continuing
Weiterlesen »
EUR/USD bears refuelling from a 50% mean reversion, eye US GDPAt 1.0552, EUR/USD is around flat in the Tokyo open as the price consolidates below 50% mean reversion of the prior session sell-off. The pair, howeve
Weiterlesen »
EUR/USD bounces off 2022 lows around 1.0480, focus on dataFurther downside saw EUR/USD drop to levels last seen in January 2017 around 1.0480 on Thursday. EUR/USD remains depressed on USD-strength Following t
Weiterlesen »
EUR/USD Forex Signal: Further Sell-Off Likely on EU RisksThe EUR/USD price crashed to the lowest level in five years as concerns about the Eurozone economy continued.
Weiterlesen »