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The Euro bounces higher against the US Dollar for a third straight day in a row on Tuesday. A surprise uptick in German inflation and a bounce in the European Services PMIs are supporting the Euro.
EUR/USD shows signs of a mild rebound, but the broader downtrend remains intact. Inflation data and Trump’s tariff stance could shift market dynamics this week. Key resistance around 1.0460 will be a ...
Eurostat will publish December inflation data on Tuesday. On a yearly basis, the Harmonized Index of Consumer Prices (HICP) is forecast to rise 2.4% in December, up from the 2.2% increase recorded in ...
Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times. The last instance was in 2022, after Russia’s full-scale invasion of ...
Eurozone Inflation The EUR/USD ended 2024 on a bearish note, driven by the strength of the U.S. dollar, ECB rate cuts, and persistent challenges in the services inflation sector. The final ISM ...