Tag Archive: Market Pulse

EUR/USD – Euro plunges on dovish ECB, Eurozone CPI matches forecast

EUR/USD has steadied in the Friday session, after sharp losses on Thursday. Currently, the pair is trading at 1.1603, up 0.30% on the day. On the release front, German WPI posted a strong gain of 0.8%, well above the estimate…
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The Euro is circling the drain

The Euro is circling the drain Instead of a major roadblock, the ECB was a significant catalyst for the US dollar. And it is tough to argue against the intensity of the EUR downside move as the ECB didn’t just…
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Back to the drawing board 

Back to the drawing board  Despite a hawkish  Fed hike last night the USD failed to rally. Without reading too much into the usual FOMC exercise in verbal gymnastics. The USD dollar couldn’t find a grip above near-term resistance after …
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Hawkish Fed Boosts US Dollar But Tariffs Bring Currency Down to Earth

The US dollar is lower against major pairs after the U.S. Federal Reserve raised the benchmark Fed funds rate by 25 basis points on Wednesday. The move was heavily anticipated by the market, but the strong pace of the US…
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