Tag Archives: Euro

ism3

ISM Generates Brief Volatility, Dollar Edges Up against the Euro

ISM Generates Brief Volatility, Dollar Edges Up against the Euro

The dollar recovered from a five week low against the euro as a minor slowdown in American manufacturing was not enough to derail the second quarter economic recovery theme. The Institute for Supply Management said its purchasing manager’s index was 55.3 in June, barely changed from May’s 55.4, though less than the 55.8 forecast in
00004

Euro in New York

The euro opened in New York at 1.3656 (8:00 am) near the higher end of its 1.3641-1.3663 Tokyo and London range. Eurozone CPI and money supply data for June were in line with forecasts and despite the large miss in German monthly retail sales for May (-0.6%, expected 0.8%, April revised to -1.5% from -0.9%),  the
010714a

Euro May Rise if June CPI Data Tops Forecasts, Denting ECB Easing Bets

Talking Points: Euro May Move Closer to 1.37 vs. USD if June’s Flash CPI Estimate Tops Forecasts US Dollar Has Scope to Rebound on Upbeat Home Sales Figures, Fed Commentary NZ Dollar Fell in Asia as a Drop in Business Confidence Hurt RBNZ Rate Hike Bets The preliminary set of June’s Eurozone CPI figures headlines

ECB Enters Uncharted Waters with Negative Deposite Rate, Euro Tumbles

DailyFX.com – Talking Points ECB Cuts Deposit Rate to -0.10%; Benchmark Rate to 0.15% Euro Falls Against its Major Peers On Announcement ECB President Mario Draghi Holds Press Conference at 12:30 GMT, May Spark Volatility The European Central Bank (ECB) went beyond a standard refinancing rate cut, cutting its deposit rate to negative territory for
00001

Euro in New York

The euro opened in New York at 1.3656 (8:00 am) near the higher end of its 1.3641-1.3663 Tokyo and London range. Eurozone CPI and money supply data for June were in line with forecasts and despite the large miss in German monthly retail sales for May (-0.6%, expected 0.8%, April revised to -1.5% from -0.9%),  the
160614a1

Euro, US Dollar May Find Fuel to Bounce in Upcoming Economic Data

Talking Points: Euro May Mount a Recovery if May’s Inflation Data is Revised Upward US Dollar Could Find a Reprieve in Upbeat Industrial Production Print Yen Rose on Haven Demand, NZ Dollar Gained on RBNZ Bets in Asia The final revision of May’s Eurozone CPI data set headlines a relatively quiet European economic calendar. The
Euro-Faces-Resistance-as-German-CPI-Confirms-Flash-Estimates_body_Capture1

Euro Eyes Resistance as German CPI Confirms Flash Estimates

DailyFX.com – Talking Points: German CPI Confirms Flash Estimates at 0.9% Y/Y Euro Rises vs US Dollar Following the Release EUR/USD 1.3585 May Provide Resistance The final revision of May’s German CPI data reported in-line. The headline year-on-year inflation rate confirmed at 0.9 percent, putting price growth at the lowest pace in over four years.
Euro3-e14020000667171

6 June: ECB announces negative overnight deposit rates. Euro at session highs! NFP today.

Aud, Kiwi yields back in demand as ECB announces negative bank rates. It was a wild ride in the currency markets today after the ECB cut rates, with the Euro, having dived on the initial announcement, rebounding strongly and catching a short market out badly, ending up at session highs! Yield seekers were out in
Top