أظهر مسح أجرته “كونفرنس بورد” ارتفاع ثقة المستهلكين الأمريكيين في الاقتصاد رغم عدم التوقع بتسارع النمو قريبا. وأشارت بيانات “كونفرنس بورد” إلى أن مؤشر ثقة المستهلك قد ارتفع إلى 118.9 خلال يونيو/حزيران من 117.6 في مايو/أيار، بينما توقع محللون القراءة 116. وفي تفاصيل البيانات، ارتفع مؤشر الأحوال الاقتصادية الجارية إلى 146.3، وهو المستوى […]
Analysts at Nomura explained that they have previously argued that the transmission mechanism between positive economic data and EUR was broken, temporarily, ahead of political events.
“The transmission mechanism is now being repaired, not only because of the lower political uncertainty.
ECB President Draghi’s comments today confirm that ECB policy is more data-dependent, as he implied the level of accommodation needs to be adjusted as the economy recovers.”
Currently, EUR/USD is trading at 1.1314, up 1.18% on the day, having posted a daily high at 1.1336 and low at 1.1179.
EUR/USD’s fresh high came on the heels of Draghi who told an ECB symposium that “while there are still factors that are weighing on the path of inflation, at present they are mainly temporary factors that typically the central bank can look through,” noted Boris Korby and Greg Chang at Bloomberg who suggested that traders took these remarks from Draghi the potential for the start of the removal of some of the central bank’s stimulus.
EUR/GBP catches a bid on Draghi, can it now close above key Jan highs?
However, capping the bid were the additional cautionary comments from Draghi, “… a considerable degree of monetary accommodation is still needed for inflation dynamics to become durable and self-sustaining,” signaling no haste to fully dismantle the ECB’s asset-buying program, which is set to run at EU60b per month until the end of 2017.
The post EUR/USD: capped on fresh demand onto the 1.13 handle appeared first on fastforexprofit.com, الفوركس بالنسبة لك.
In this week’s FX update, Senior Market Analyst Craig Erlam discusses this week’s possible market moving events including scheduled appearances from a number of key central bankers. What impact will that have on FX markets? He also talks about what’s been moving financial markets over the last week and gives his analysis on EURUSD (10:44), […]
EUR/USD extends the bullish sequence carried over from the previous week as European Central Bank (ECB) President Mario Draghi adopts a less-dovish tone.
The post EUR/USD Extends Bullish Series as ECB’s Draghi Softens Dovish Tone appeared first on Forex news – Binary options.
The post EUR/USD Extends Bullish Series as ECB’s Draghi Softens Dovish Tone appeared first on fastforexprofit.com, الفوركس بالنسبة لك.
Dollar/yen has departed from the 111 handle and is trading at 112.42, breaking resistance at 112.20 which served as resistance. The background is a day full of central bank activity, with the most important member yet to speak. Markets are not waiting …
Dollar/yen is flirting with the highs, topping 112. Will it continue further to the upside? The team at BTMU weighs in: Here is their view, courtesy of eFXnews: BTMU FX Strategy Research argues that while the JPY has weakened modestly, there must be a risk of greater underperformance over the coming days and weeks if these […]
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