Posts Tagged ‘eur usd forecast tomorrow’

The global financial market has experienced a highly volatile week where the US Dollar was the ultimate winner of the battle. Although several economic releases favored the Euro, it failed to hold the momentum below the 1.0800 level against the US Dollar. Moreover, GBPUSD and AUDUSD also joined the selling party with a possibility of…

The US Federal Reserve and European Central Bank unveiled the meeting minutes, where many ECB members showed the need for an immediate need for action to get rid of the high inflation. Moreover, as the bank showed a case of ending the bond-buying program, the possibility of raising the interest rate before the year-end. On…

In the Eurozone economy, the rising inflation continues to be a matter of tension. As per last week’s report, the German CPI reached 7.3% YoY in March, while the inflation is nearly at 10% in Spain. As a result, the European Central Bank members showed a sign of raising this interest rate this year, boosting…

US President Joe Biden met G-7 and NATO leaders in the Whitehouse and asked for support to exclude Russia from the G20. However, he mentioned that the sanction would not deter Russia, but it would lead to a path of ending the invasion. The current Ukraine-Russia crisis has weighed the global economy besides the skyrocketing…

The war-driven volatility and Fed rate hike were main price drivers that sent the US Dollar back and forth throughout the week. In the war, Russia is willing to find a peaceful solution if it stays with President Putin’s main strategy. On the other hand, Ukraine made it clear that they will not compromise by…

West nation leaders influenced Russian President Vladimir Putin to halt the war but to no avail. The Russian president declared that he aims to achieve what he wants, no matter how. However, he agreed to create a safe corridor for civilians but kept bombing Ukrainian cities. Due to the uncertainty, the commodity prices related to…

The current geopolitical uncertainty from the Ukraine- Russia war skyrocketed commodity prices, especially to energy-related instruments. Oil and gas reached the multi-year high while safe-haven Gold remained steady above the 1900.00 level. In the Russian domestic economy, the local share market remained off throughout the week while the Ruble plunged to a record low against…

The US Dollar soared due to the risk aversion sentiment as Russia invaded Ukraine. Moscow took control over Chernobyl while the US intelligence revealed that the main aim of Russia was to depose the Ukrainian president and impose a favorable person.  Until 1991, the Ukrainian territory was a part of the Soviet Union. However, it…

The global financial market passed a trading week with much volatility, mostly from headlines suggesting that Russia was retreating its troops. As a result, investors moved away from high-yielding assets that pushed the US Dollar to be left aside and provided benefits to safe-haven Gold and JPY. In the coming days, if Putin continues to…

The US CPI rose better than expectation of 0.6% in January, where the detailed report indicated that the inflation in major parts of the economy is picking up. The stronger CPI report with a hawkish statement from St Louis Fed President James Bullard increased the possibility of an aggressive move in the next month. As…