Euro Weekly Forecast: EUR/USD Gains As Eurozone Data Show Modest Return To Growth
The Euro ticked higher on news that its home economy expanded at last in January, raising hopes that recession can be sidestepped
The Euro ticked higher on news that its home economy expanded at last in January, raising hopes that recession can be sidestepped
Russia, Ukraine conflict reaches one year mark, adding pressure to the oil trajectory over the next year.
A series of stubborn prices pressures via hotter CPI and PPI readings warned of a slowdown of the disinflation trend. However, January’s data supports the Fed’s warnings
The Japanese Yen slipped back a little despite more strong inflation numbers as the man set to take over at the Bank of Japan offered little prospect of major changes
EUR/USD eyes US core PCE later today which may test the lower bound of the developing falling wedge pattern should inflation prove sticky.
Spot gold continues to struggle after printing a fresh 7-week low yesterday. Can the US PCE data provide a catalyst and reignite an upside rally?