EUR/USD drops towards 1.1350 as DXY renews weekly top on firmer T-bond yields By anilpanchal7 EURUSD ECB Fed YieldCurve Inflation
That said, the DXY renews weekly top to 96.03 during the latest run-up tracking the firmer US bond coupons.
Following that inflation data, St. Louis Fed President James Bullard went a step farther while supporting 100 bps rate hikes by July and for the balance sheet reduction to start in the second quarter, which in turn strengthened the US Treasury yields. On the contrary,of Richmond President Thomas Barkin tried to tame the bulls while saying that he would have to be convinced of a 'screaming need' for a 50 bps hike.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD to sink towards 1.10 this year and head higher to 1.15 in 2023 – BofAMLEUR/USD is expected to move downward to 1.10 this year and start to recover towards 1.15 next year and finally reach the 1.20 level by 2024, economist
Read more »
EUR/USD bears flex muscles above 1.1400, focus on EU Economic Forecasts, US InflationEUR/USD bears flex muscles above 1.1400, focus on EU Economic Forecasts, US Inflation By anilpanchal7 EURUSD RiskAppetite YieldCurve Inflation Macroeconomics
Read more »
EUR/USD set to dip towards 1.13 after strong US CPI report – TDSConsumer prices exceeded expectations in January, rising a strong 0.6% MoM. In the view of economists at TD Securities, a strong CPI print will keep t
Read more »
EUR/USD: Still scope for a move above 1.1500 – UOBIn opinion of FX Strategists at UOB Group, EUR/USD could advance to 1.1520 once it clears 1.1485. Key Quotes 24-hour view: “We expected EUR to ‘trade
Read more »
GBP/USD holds steady near weekly high, eyeing 1.3600 mark amid weaker USDThe GBP/USD pair maintained its strong bid tone heading into the North American session and was last seen trading near the weekly high, just below the
Read more »
Forex Today: Bitcoin and Ethereum Capped by ResistanceThe two major cryptocurrencies turn bearish after failing to clear key resistance levels. - Bitcoin and Etherum. Read more:
Read more »