Market NewsMarch 22, 2022
Week ahead May 16th – 20th
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower, registering a new multiyear low level. The pair continues trading lower in the mercy of US Dollar's strength fueled by global risks. ECB’s Lagarde has finally joined the...
Continue ReadingWeek ahead May 9th – 13th
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged as pair digested all fundamentals events that drove the pair at the lowest levels since 2014. The 0.5% rate hike from FED was well priced in as it...
Continue ReadingWeek ahead May 2nd – 6th
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower registering a new multi-year low level. The pair reacted negative on divergence between the two central banks. On the one side FED is signalling a 0.75% rate hike...
Continue ReadingWeek ahead April 25th – 29th
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session unchanged after a failed rally. Last week’s rally was due to comments from ECB’s officials saying that the central bank could hike rates as soon as in July meeting....
Continue ReadingWeek ahead April 18th – 22nd
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower on ECB’s Dovish minutes. The central bank kept interest rate unchanged as it was widely expected. The press conference from ECB’s president Christine Lagarde added downside pressure on...
Continue ReadingWeek ahead April 11th – 15th
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session lower on European growth stall, mostly due to the war in Ukraine and the sanctions opposed on Russia that are weighing negative on Euro zone. Investors and traders were...
Continue ReadingWeek ahead April 4th – 8th
EUR/USD FUNDAMENTALS AND TECHNICAL Pair closed last week’s trading session higher after an attempt to break even above last week’s peak. The upside move in the pair came after the Euro zone inflation jumped to 7.5%, Although the pair failed...
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