EUR/USD stays pressured near 1.0700 as Fed, ECB policymakers defend higher interest rates – by anilpanchal7 EURUSD RiskAppetite Fed ECB Inflation
and the Federal Reserve policymakers. It’s worth noting that the comparatively upbeat US data than Europe seems to defend the hawkish comments from the Fed and weigh on the EUR/USD price.
Furthermore, New York Federal Reserve President John Williams said that the labor market is still very strong and noted that they have more work to do on rates, adding data will determine the path of rate hikes. While a slew of Fed and ECB policymakers spoke much about defending the restrictive monetary policy, Friday’s upbeat US jobs report and activity data contrast with the comparatively lighter EU statistics to justify the Fed’s hawkish stand, which in turn exerts downside pressure on the EUR/USD price.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD rebound approaches 1.0750 amid sluggish markets, ECB, Fed talks in focusEUR/USD licks its wounds around 1.0735 while probing bears at the monthly low, after a three-day dominance, during early Tuesday. In doing so, the maj
Baca lebih lajut »
EUR/USD bulls struggle around mid-1.0700s, focus on ECB talks, Fed Chair PowellEUR/USD fades the early Asian session recovery by retreating from the daily top. Even so, the major currency pair clings to the first daily gains in f
Baca lebih lajut »
EUR/USD Price Analysis: Bulls press up against resistance in countdown to Fed PowellEUR/USD is hitting a wall of resistance in the New York session as the countdown to the Federal Reserve's Jerome Powell gets underway. He speaks at Th
Baca lebih lajut »
EUR/USD stabilizes above 1.0700 despite Fed’s Powell confirming further policy tighteningEUR/USD stabilizes above 1.0700 despite Fed’s Powell confirming further policy tightening – by Sagar_Dua24 EURUSD Fed ECB Inflation RiskAppetite
Baca lebih lajut »
EUR/USD: Fed’s “higher for longer” interest rate to drag the pair down – RabobankEUR/USD dropped to its lowest level since January 9 at 1.0667 on Tuesday. Economists at Rabobank maintain their three-month EUR/USD forecast of 1.06.
Baca lebih lajut »
ECB's Nagel: ECB rates are not yet restrictiveEuropean Central Bank (ECB) policymaker Joachim Nagel said on Tuesday that ECB rate cuts are not on the agenda in the foreseeable future and noted tha
Baca lebih lajut »