Limited Strength for the Dollar After Higher Than Expected American Inflation

Headline annual inflation reached a fresh low of more than three years but the greenback’s performance was mixed.

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11 Oct, 2024
/ 11:54

Italy: Fiscal Consolidation on Track But High Debt, Structural Weaknesses Persist

Italy aims to accelerate fiscal tightening to exit the Excessive Deficit Procedure earlier than expected, but high public debt, structural economic weaknesses and unfavourable demographics pose challenges.

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09 Oct, 2024
/ 14:30

Germany: Demographic Challenges Require Reforms Amid Political Fragmentation

Germany is facing demographic challenges with more acute structural pressures than other advanced economies. Labour-market and pension reforms are essential, but fragmented politics risk are eroding competitiveness.

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02 Oct, 2024
/ 14:40

Eurozone inflation estimate falls below ECB's 2% target in September

Despite inflation heading below the ECB's target rate of 2% in September, core inflation — which strips out more volatile measures — still came in at 2.7%.

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01 Oct, 2024
/ 10:10

Market Movers: US GDP & Core PCE Could Fuel Silver and EUR/USD Rally

The US dollar index hit 14-month lows on Wednesday near 100.20. The Fed is expected to cut 25-bps rates in November and December, so market participants may price in the impact of future cuts.

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26 Sep, 2024
/ 11:45

'Ugly.' 'Disastrous. 'Alarmingly Poor.' Here's How Markets Reacted to Weak Eurozone Data.

A soft landing for the European economy could be slipping away, increasing pressure on policymakers to step up the pace of interest-rate cuts. Business surveys out Monday indicated that activity in the eurozone's two largest economies was much weaker than expected in September. Here is how markets reacted: + **An October rate cut is now on the table.** Derivatives markets show investors see the European Central bank's key rate at 3.31% next month, meaning they are pricing in almost a full quarter-point reduction from the current rate of 3.5%.

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23 Sep, 2024
/ 12:10

Will EUR/USD Surge with the Fed’s Upcoming Decision?

Are you tracking the EURUSD pair?

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18 Sep, 2024
/ 14:12

Dollar Weakens on Talk of Bigger Fed Rate Cut

The dollar hit its weakest level in nearly nine months against the yen, amid revived speculation over a bigger U.S. interest-rate cut next week. The Wall Street Journal reported Thursday that the Federal Reserve was still considering whether to cut its benchmark rate by a standard 0.25 percentage point, or 0.5 percentage point on Wednesday. Traders sold the dollar upon learning that the option of a larger cut was still on the table, said Katsutoshi Inadome, a strategist at SuMi Trust.

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13 Sep, 2024
/ 10:26

ECB Cuts Interest Rates Again, Widening Gap With Federal Reserve

The European Central Bank lowered interest rates by a quarter point for the second time in three months, widening a policy gap with the Federal Reserve, which is expected to start cutting rates next week.

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12 Sep, 2024
/ 12:19

Will the ECB Cut or Hold? Key Insights Ahead of the 12 September Meeting

The ECB’s 12 September meeting could be a turning point as Eurozone data sends mixed signals. With rising stagflation risks and wage growth pressures, the central bank faces a complex decision: should they cut rates to support growth or maintain their focus on battling inflation? Traders should be on high

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11 Sep, 2024
/ 09:26

France: Political Uncertainty Weighs on Public Finances and Funding Conditions

Political uncertainty, a challenging fiscal outlook, and the rising divergence in funding conditions between France and other core euro area sovereign borrowers underscore the importance of political stability.

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09 Sep, 2024
/ 10:13

Morocco stocks lower at close of trade; Moroccan All Shares down 0.17%

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Forestry&Paper, Pharmaceutical Industry and Utilities sectors led shares lower.

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26 Aug, 2024
/ 16:10

Dollar edges lower ahead of Jackson Hole; euro, sterling higher

The U.S. dollar slipped lower in early European trade Friday, as a rebound from seven-month lows faltered, ahead of Fed Chair Jerome Powell’s eagerly-anticipated speech at the Jackson Hole symposium. This weakness followed concerns about a weakening economy and on expectations the Federal Reserve is close to cutting interest rates. The focus is now squarely on an address by Powell at the Jackson Hole Symposium later on Friday, where he is expected to provide more cues on interest rates and the economy.

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23 Aug, 2024
/ 10:37

Volatility set to return amid US election uncertainty

Investing.com -- Investors should buy protection now as the volatility seen in August is likely to return amid a closely contested U.S. election race, according to a report released Tuesday by BCA Research.

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22 Aug, 2024
/ 18:52

Bearish dollar momentum building; sterling hits one-month high

The U.S. dollar fell Monday ahead of the release of minutes from the Federal Reserve's July policy meeting and Chair Jerome Powell's upcoming speech at Jackson Hole later this week. The minutes, due on Wednesday, and Powell's speech on Friday are likely to be the main drivers of currency movement for the week, and traders expect a dovish tone to emerge. “The signs are subtle, but bearish dollar momentum is starting to build,” said analysts at ING, in a note.

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19 Aug, 2024
/ 09:42

Dollar edges higher ahead of retail sales; sterling gains on GDP growth

The U.S. dollar edged higher Thursday, but remained close to seven-month lows after the release of benign inflation data, while sterling rose after solid growth data. The figures added to cooler-than-expected producer prices earlier in the week, and suggest inflation is on a downward trend which would provide the Federal Reserve with headroom to start cutting interest rates. The next data point is U.S. retail sales later in the session, and will garner significant attention as consumption accounts for about two-thirds of U.S. economic growth.

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15 Aug, 2024
/ 09:43

Dollar on back foot ahead of CPI; sterling slips

The U.S. dollar steadied Wednesday, after overnight weakness, ahead of the release of the July consumer price index, while sterling weakened after benign inflation data. The U.S. currency retreated Tuesday after the July producer price index came in softer than expected for July, resulting in traders shifting bets slightly towards a 50 basis point cut in September. The PPI reading ramped up hopes that a consumer price index inflation reading, which is due later on Wednesday, is also expected to show inflation remained benign in July, providing the Federal Reserve with more headroom to begin trimming rates.

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14 Aug, 2024
/ 09:29

Fade the euro rebound, European stocks as 'carry trade blowup only the start': BCA

BCA Research is urging investors to be cautious about the recent rebound in European equities and German bond yields, warning that the effects of the yen carry trade blowup are far from over.

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13 Aug, 2024
/ 10:52

Dollar rebounds after hefty losses; euro, sterling slip

The U.S. dollar rose Tuesday, reversing some of the recent losses as a degree of calm returned to the foreign exchange markets. The dollar has been hit hard of late by fears of a U.S. recession after a batch of weak readings on the labor market, which ramped up bets that the Federal Reserve will have to cut rates more than initially expected. Traders now expect 110 basis points of easing this year from the Fed, pricing in an 80% chance of a 50 bps cut in September, after having fully priced in a 50 bps cut on Monday.

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06 Aug, 2024
/ 10:20

Dollar falls as data points to economic slowdown; sterling weak

The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world's largest economy, potentially prompting the Federal Reserve to aggressively loosen monetary policy. Overnight, data showed U.S. manufacturing activity contracted at the fastest pace in eight months in July, while a gauge for employment fell sharply, raising the potential for a U.S. recession.

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02 Aug, 2024
/ 09:47

European and US stocks down as Wall Street turns attention to Fed

US traders are looking to the Federal Reserve's interest rate decision, as well as key inflation data later on in the week.

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10 Jun, 2024
/ 07:50

Ryanair ticket prices experience turbulence after spat with booking websites

The move by sites such as Booking.com, Kiwi and Kayak led to Ryanair slashing prices on some flights in a bid to fill seats.

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29 Jan, 2024
/ 12:22

Dollar’s Move Down Continues Ahead of Final GDP

Three likely cuts to the funds rate next year have weighed on the greenback despite mostly positive economic data.

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21 Dec, 2023
/ 08:42

GBP/USD Forecast – British Pound Recovers After Initial Selloff

The British pound initially sold off during the trading session on Thursday but has turned around since then to show signs of hesitation to continue selling off.

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26 Oct, 2023
/ 13:46