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Today In The Market

EURUSD slips as ECB’s Lagarde served old wine in a new bottle; new forward guidance more dovish than the old

EURUSD slips as ECB’s Lagarde served old...

EURUSD was already under stress on Delta mutant (COVID) spikes and slower than expected ec...

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USDJPY edged down on mixed jobless claims report but it shows good progress of Fed’s maximum employment goal

USDJPY edged down on mixed jobless claims...

· Fed may signal QE tapering in July meeting- starting with MBS from Dec’21; UST f...

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Wall Street bounced back from Delta mutant low on suspected PPT/Biden intervention

Wall Street bounced back from Delta mutant...

· Infra stimulus and earnings optimism · Oil recovered from Delta and OPEC...

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Market analysis

23

Jul

European PMI Data, Canada and UK Retail Sales

In the FX markets the US dollar traded overall moderately stronger against other majors as also seen in the performance of the USDX. There were howeve...

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22

Jul

ECB Rate Decision, US Jobless Claims, Leading Indicators

The weakness of the dollar could easily be observed also in emerging markets, where pairs like the USD/TRY or USD/ZAR continued moving lower, while a ...

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21

Jul

EIA Oil Data, Coca-Cola, J&J and Daimler Earnings

While the US dollar continued appreciating against other major currencies with the exception of the CAD and JPY which stabilised after the recent mark...

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Economic Calendar

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