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EUR/USD: experts expect inflation to fall in the eurozone in April

During the Asian trading session, the EUR/USD currency pair rolled back from yesterday's highs reached on March 21, and is now checking the 1.0855 level for the possibility of further decline. At the same time, the market is tensely awaiting updated d... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 17, 2024

Evidence of the cooling of the United States economy continues to accumulate, but the Federal Reserve has not yet decided to reduce the federal funds rate. FOMC members John Williams Thomas Barkin and Loretta Mester say that the Central Bank will need more time t... Read more on Indexaco...

EUR/USD: GDP of Eurozone grew by 0.4% in the first quarter

The EUR/USD currency pair shows a corrective movement, holding at 1.0881, thanks to recently published macroeconomic data.

In the first quarter, eurozone GDP grew from -0.1% to 0.3%, in line with forecasts and reaching an annual growth of 0.4% against t... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 16, 2024

The EURUSD downtrend has been interrupted after all, and this is good news for risk buyers. However, the pair's transition to strengthening will be much more difficult than it would have been in the first half of May, since the slowdown in American inflation has ... Read more on Indexaco...

The trading idea for the US Dollar Index (DXY) on May 15, 2024

The US dollar index (DXY) continues to fall for the third day in a row, developing the downward momentum that formed earlier this week. At the moment, the asset is trading at 104.75, ignoring both the growth of industrial inflation in the United States an... Read more on Indexaco...

EUR/USD: euro has reached new local highs

The EUR/USD pair is showing slight growth, developing a bullish momentum in the short and medium term, updating the local highs reached on April 10. At the moment, the instrument is testing the 1.0820 level, while investors are waiting for the publication of today's macroecon... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 15, 2024

No matter what statistics come out, investors will always hear what they would like to hear. Instead of reports of a 0.5% (mom) increase in producer prices in April, they talk about a 0.1% decrease in March. Instead of Jerome Powell's assurances about the extreme... Read more on Indexaco...

EUR/USD: Germany's April CPI is in line with analytical forecasts

During the morning trading session in Asia, the EUR/USD pair showed fluctuating movements, remaining near the 1.0785 level. Investors remain cautious, refraining from active trading until the publication of important economic data from the United State... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 14, 2024

Any economy is cyclical. For a long time, rising US inflation has kept rates high and supported the US dollar. However, it also reduced the real incomes of citizens and slowed down GDP growth. As soon as signs of a slowdown began to appear in the economy, optimis... Read more on Indexaco...

NZD/USD: the pair checks the 0.6600 level for a possible decline

The NZD/USD pair is showing mixed dynamics, holding near the 0.6000 level and trying to strengthen the "bearish" trend that emerged at the end of last week. At this stage, investors are being cautious, refraining from opening new positions until the pub... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 13, 2024

In order for American exceptionalism to lose its relevance and stop supporting the dollar in forex currency trading, it is necessary not only to slow down economic growth in the United States, but also to return inflation to a decline. Bloomberg economists' forec... Read more on Indexaco...

Trading idea for USD/JPY

During Friday's trading session, USD/JPY remains near the level of 155.50. Moreover, this stability is observed for the second day in a row. The reason is simple - the lack of important economic news from the United States and Japan, as well as the indecision of traders due to fears of possib... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 10, 2024

After a decrease in the number of open vacancies in March to a three-year low and an April slowdown in employment rates to the lowest level in six months, an increase in the number of applications for unemployment benefits in the United States to a maximum of eig... Read more on Indexaco...

EUR/USD: euro continues the bearish trend started earlier

The EUR/USD pair is showing a moderate decline, continuing the weak "bearish" trend laid down a day earlier: the exchange rate is experiencing the level of 1.0740 on a downward breakdown, while the market is waiting for new catalysts to change quotes.

Tr... Read more on Indexaco...

NZD/USD: the currency pair is stable at April peaks

The NZD/USD pair is holding near the 0.6010 level and local highs reached on April 10 and updated last week. The weakening of the US dollar on Friday was caused by data on the labor market, which increased pressure on the US Federal Reserve System on the issue of po... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 7, 2024

The Fed is not going to coordinate the course of monetary policy, relying only on the report of the US labor market. The president of the Federal Reserve Bank of Richmond, Thomas Barkin, believes that the current rate level is sufficient to return the PCE index to... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 3, 2024

The fight against inflation turned out to be less difficult than expected, even taking into account the OECD estimates. The organization raised its global GDP forecast for 2024 from 2.9% to 3.1% and expressed confidence in a further slowdown in inflation, which wi... Read more on Indexaco...

AUD/USD showed moderate growth, developing an upward momentum on Wednesday, moving away from the lows on April 23. Currently, the pair is testing the 0.6535 level for an upward breakout, and traders are analyzing the April Australian foreign trade report.

According to the data, Australian exports increased by ... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on May 2, 2024

Jerome Powell failed to create panic in forex currency trading. And it is unlikely that he aspired to it. For the S&P 500 and EURUSD, the Fed chairman's speech was a positive factor, as it did not present any surprises. However, the bad thing is that the bar f... Read more on Indexaco...

EUR/USD: eurozone reported an increase in GDP for Q1

In early trading, the EUR/USD exchange rate is experiencing an adjustment, being at the level of 1.0655, although economic statistics from the European Union show positive trends.

On the eve of the meeting, many EU states presented results on gross domestic p... Read more on Indexaco...