The week ahead: Top 5 things to watch
EUR/USD may rise if US retail sales and sentiment data amplify growing Fed rate cut bets after the ECB failed to meet the markets ultra-dovish expectations.
Euro selling pressure builds as implied volatility measures skyrocket and dovish expectations fester while forex traders anxiously await the high-impact September ECB meeting slated for Thursday.
Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB - US Market Open
The US Dollar could be at risk in light of upcoming economic data releases during Thursday's trading session with Q2 GDP and July Advanced Goods Trade Balance serving as potential catalysts for volatility.
GBP/USD Drops on Brexit Latest, Crude Oil Prices Surge - US Market Open
The Euro could be at risk judging by the rise in overnight implied volatility measures ahead of Eurozone PMI data slated for release during early Thursday trade.
The US Dollar may rise at the expense of the Euro if Eurozone inflation data misses estimates and fuels ECB rate cut bets and expectations of quantitative easing being reintroduced.
OPEC Signals Bearish Crude Oil Outlook, GBP Corrects Higher - US Market Open
The Euro is coming under heavy selling pressure following the latest remarks from the ECB's Rehn hinted at the need for an aggressive monetary stimulus package as soon as next month.
A rally of more than 2% takes Euro into near-term consolidation just below downtrend resistance. Here are the levels that matter on the EUR/USD technical price charts.
US Dollar Rises on Non-Committal Fed, GBP & EUR Extends Losses - US Market Open
BoE unanimously keeps rates at 0.75% as Brexit uncertainty continues to devaluate the pound and adjusts forward guidance to acknowledge the slump in global growth.
Crude Oil Prices Buoyed by Declining Crude Inventories - US Market Open
A major move in USD following the Federal Reserves updated monetary policy stance on Wednesday risks sparking volatility across the currency market.
US Dollar Eyes 2019 High, GBPUSD Plummets Through 1.2300 - US Market Open
EURUSD violently oscillated before settling unchanged after the ECB rate decision and commentary. The pair is now bracing for the release of US GDP data.
The Euro gained after the ECB as Mario Draghi disappointed dovish expectations, rising bond yields spread into North America as the US Dollar rallied, leaving EUR/USD at key support.
Euro prices reversed sharply from fresh yearly lows today with the recovery now testing a key inflection zone. Here are the levels that matter on the EUR/USD charts.
EUR Breaks Support, Boris Johnson Wins Tory Contest, CAD Extends Bearish Turn - US Market Open