ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.
Tag - eur
EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
The main event of the day is the ECB’s monetary policy statement. Jump in to know how it will impact EUR/USD!
Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.
The rout in tech stocks in the US over the last day has been a stiff test of nerve for European markets but one to which they appear to be equal, at least for now.
EUR/USD is supported around 1.1750. However, the pair has already fallen below the summer support line. We’ll view buy trades only when the pair returns above 1.1800.
EUR/USD, GBP/USD, USD/JPY and AUD/USD go down…
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
Gold continues to stand below the 23.6% retracement area. Bears gain strength.
The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
The US dollar continues climbing up, while the euro and the pound are dipping. Let’s have a closer look.