Tag Archives: EUR

In view of the economic fallout from the resurgence of the pandemic, today the ECB Governing Council recalibrated its monetary policy instruments as follows

Two important interest rate decisions for forex traders Two important interest rate decisions for forex traders this week FOMC interest rate decision on Wednesday, December 14 at 2:00 PM ET/1900 GMT. It was a year ago that the FED last hiked and all investors believe they will hike again this ...

Forex Important releases next week Three important interest rate decision for the upcoming week: ECB – RBA – BAC ECB interest rate decision.  Thursday December 8th at 7:45 AM ET/1245 GMT.  ECB is expected to keep their interest rates unchanged. However, they are expected to announce an extension of the ...

Next Week in Forex Here is a list of important news coming up this week and forex traders must watch: Monetary data: Monday, 9:00. According to the ECB, M3 Money Supply, or the amount of money in circulation, rose at an annual pace of 5%, and no change is expected. ...

Forex Outlook and Analysis Investors could come to the conclusion that the policies in the coming years would be around lower tax, higher government spending especially on infrastructures, less regulations. Industrial and financial stocks benefited most from such expectations. While USDollar was overwhelmingly strong for the week, it should be ...

Technical Analysis EURUSD EURUSD broke above the 1.13 level and also above the 1.1318 resistance but sellers rushed and push the pair back below the 1.13 and this is not a good sign for the EUR. EUR is still trading above the 100h EMA and some buyers will push the ...

Nice move from our favorite forex pair EUR/USD, after hit the daily high at 1.1349 the sellers stepped in and drove the euro back down to 1.1242, which now acts as a strong support, entering a long position for the pair at the daily lows will gives us the opportunity ...

Strong short term support for EUR/USD at 1.11 The most favorite currency pair remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood the Wall Street open. Despite the prevailing selling interest on EUR, the forex pair manages quite well to keep the 1.1100 handle, a break ...