Euro slides to its weakest level since July
Euro slid to its lowest since July as Iran deal hopes faded, while WTI rose and the dollar firmed.
Euro slid to its lowest since July as Iran deal hopes faded, while WTI rose and the dollar firmed.
The dollar strengthened after the Fed hike, pushing EURUSD and GBPUSD lower while USDJPY and USDCAD rose to key technical levels.
USD mixed ahead of Fed rate decision; technicals examined for EURUSD, USDJPY, GBPUSD. Oil down despite Middle East tensions.
EUR/USD's 1.1550 expiry, near the 100-day MA, may cause choppy trading; larger strikes at 1.1500/1.1600 cap moves.
Lagarde's Saturday apple festival speech may reinforce her inflation stance two days after ECB rate rise.
EURUSD rebounded from 1.1593 after strong US PPI data, aided by ECB rate hike. The pair now tests the 200-day moving average at 1.16321.
EUR/USD has erased most losses from Warsh's hawkish speech ahead of the ECB rate decision, with the US CPI also in focus.
EUR/USD expiries at 1.1600 and 1.1650 are set for 10 September 10am New York cut, reinforcing range-bound trade ahead of the ECB decision.
ING expects a 25bp ECB hike across all scenarios, with the guidance tone set to move markets.
US dollar weakens in early trading; yen strongest, NZD weakest. Equities slide, oil rallies on Middle East tensions.
MUFG sees ECB hike this week, highlights euro downside risk from Lagarde's comments, German elections, and gas prices.
EUR/USD consolidates ahead of US CPI. Dollar spiked on NFP but focus remains on inflation. ECB likely to hike 25 bps.
Eurozone Sentix investor confidence index rose to 5.1 in September, its highest since February 2022.
The US dollar had a mixed reaction to the blockbuster US jobs report, with technical levels causing reversals in some pairs.
The USD trades in narrow ranges ahead of the US jobs report, with technical levels highlighted for EURUSD, USDJPY and GBPUSD.