EUR/JPY is declining gradually after failing to sustain above the critical hurdle of 137.00. The shared currency bulls are facing the heat as German Lindner has displayed a gloomy Eurozone outlook. Despite the prolonged ultra-loose monetary policy, the BOJ is failing to inflation rate above 2%. The EUR/JPY pair has slipped to near 136.85 after… Read More »
EUR/USD has tumbled to near 1.2850 amid a significant recovery in the DXY. A lower US CPI print has trimmed the odds of hawkish guidance while rate hike odds are solid. This week, the US Michigan CSI data will be of utmost importance. The EUR/USD pair has declined gradually to near 1.2850 after surrendering the… Read More »
EUR/GBP has slipped lower after facing selling pressure around 0.8440. An unchanged German HICP at 8.5% has weakened the shared currency bulls. The US GDP is expected to remain vulnerable ahead. The EUR/GBP pair has faced hurdles around the critical resistance of 0.8440 in the early Tokyo session. Earlier, the cross displayed a pullback move… Read More »
EUR/GBP is eyeing an establishment above 0.8440 ahead of German inflation. As per the estimates, the UK economy shrunk by 0.2% in July. The odds of a rate hike by the ECB will remain elevated. The EUR/GBP pair is continuously facing barricades around 0.8440 for the last week. A stretched consolidation in a 0.8401-0.8453 range… Read More »
EUR/USD is displaying back and forth moves in a 1.0188-1.0194 range as investors await US CPI. Fed policymakers need a series of declines in inflation rates rather than a one-time slowdown. The German HICP is expected to remain unchanged at 8.5%. The EUR/USD pair is juggling in a narrow range of 1.0188-1.0194 in the Asian… Read More »
EUR/GBP is facing hurdles around 0.8440 as investors await Wednesday’s Germany HICP. The German inflation data is likely to remain unchanged at 8.5% annually. A vulnerable UK GDP data may weaken the pound bulls ahead. The EUR/GBP pair is struggling to cross the immediate hurdle of 0.8440 in the early Tokyo session. The asset is… Read More »
