The US dollar is on a tear, caused by "Trump trade" optimism and robust economic data. But will this bullish momentum persist? We analyze the key drivers behind the dollar's strength and explore the potential impact of upcoming economic events. The "Trump Trade": The US dollar's recent surge is intricately linked to the market's anticipation of President...
The US dollar continues its impressive rally, demonstrating resilience amidst global uncertainty. This analysis dives into the key levels and upcoming catalysts that could shape the dollar's trajectory in the week ahead. Technical Confirmation of Bullish Momentum The dollar's uptrend is clear, not just from the economic data, but also from the charts. The US...
The US dollar is on a relentless march higher, racking up its fourth consecutive week of gains. This technical analysis dives into the key levels and upcoming catalysts that could shape the dollar's trajectory in the week ahead. Technical Confirmation of Bullish Momentum The dollar's uptrend is clear, not just from the economic data, but also from the charts....
The US dollar continues its impressive rally, marking three consecutive weeks of gains. This sustained strength is fueled by robust US economic data, persistent inflation, and a hawkish Federal Reserve. The dollar's rally reflects a significant shift in market sentiment. Initially triggered by escalating geopolitical tensions, the dollar's strength has been...
The US dollar's impressive comeback persists, building on its recent strength and solidifying its position in the forex market. This surge is driven by a combination of factors, including robust economic data, persistent inflation, and safe-haven demand amid geopolitical uncertainties. This fundamental analysis examines the factors fueling the dollar's sustained...
The US dollar has made a remarkable comeback, shaking off recent weakness and surging higher. This resurgence is driven by stronger-than-expected economic data and safe-haven demand amid geopolitical tensions. This fundamental analysis examines the factors fueling the dollar's renewed strength and explores potential trading opportunities, focusing on the upcoming...
The US dollar, once a symbol of unwavering strength, is showing signs of fallibility. After three consecutive months of decline, the greenback is facing a confluence of headwinds that threaten to push it further down. This fundamental analysis delves into the key drivers behind the dollar's weakness and explores potential trading opportunities in the forex...
ECB Rate Decision: Second Cut on the Horizon The European Central Bank (ECB) is widely anticipated to trim borrowing costs by another 25 basis points (bps) in its upcoming meeting at 1:15 pm London Time (in about 30 minutes). This would mark the second rate cut this year, following a similar move in June and a pause in July, bringing the deposit facility rate...
Labor Data Drove USD Rollercoaster The USD experienced a volatile week driven by conflicting labor market signals. An unexpected drop in job openings initially weighed on the USD, fueling expectations of a more dovish Fed. While the NFP report showed softer-than-forecast job growth, the surprise decline in the unemployment rate to 4.2% triggered a sharp USD...
E8 Traders, gear up for our weekly FX fundamentals deep dive. We'll break down last week's market-moving events and data, plus analyze what's ahead. Discover how these developments could impact your trading strategies and potentially trigger major momentum shifts. Last Week’s Highlight Undoubtedly, the most significant event of the previous week was the...
The US Dollar's bearish slide continues, fueling anticipation of the EUR/USD potentially reaching 1.2000 this week, following its recent break above 1.1000. The Fed's Shifting Stance While the dollar previously held its ground due to expectations of prolonged high rates, the situation has flipped. Inflation concerns have eased, and Fed officials, including...