EURUSD EUR/USD
- 1.08671
- +0.00003+0.00%
EUR/USD News
The No. 3 person in the Federal Reserve commented on the US CPI: the overall trend is positive, but it is not enough to push for a quick interest rate cut
New York Federal Reserve Chairman Williams said that although the latest economic data should not be overemphasized, the CPI cooling in April was a positive development after experiencing disappointing data from previous months. However, there is still insufficient confidence that price pressure will continue to advance towards the Fed's 2% inflation target, so interest rates will not be cut for the time being.
EUR/USD failed to maintain its bullish momentum, and GBP/USD suspended after a breakout
In the early morning of Friday (May 17) Beijing time, EUR/USD recovered slightly to around 1.0873 after hitting a low of 1.0854. GBP/USD recovered slightly to around 1.2674 after hitting a low of 1.2642.
EUR/USD Fails to Sustain Bullish Momentum, GBP/USD Pauses After Breakout
America Is Still Headed for a Soft Landing -- Heard on the Street -- 1st Update
Is Goldilocks back already? Certainly the bears are nowhere to be seen.
Import Prices Post Biggest Increase in Two Years, Adding to U.S. Inflation Pressures
It's not just the cost of oil. Prices of other imports are also rising.
Making a big fuss again? The US CPI data that attracted the market's attention was actually released 30 minutes ahead of schedule
What's even worse is that investors didn't even notice that the data had been released, and there were no sharp fluctuations in the market during this period. Analysts believe that if investors are aware that the data is being released ahead of time, 30 minutes will still be enough time for them to respond.
ECB's Villeroy Says Probability of June Rate Cut 'Significant'
Bank of France Governor Francois Villeroy de Galhau said it’s very probable that the European Central Bank will start cutting interest rates at its June 6 meeting.
U.S. Import Prices Rise More Than Expected in April
Import prices ticked up more than expected in April, raising concerns that inflation in the U.S. could stay higher than planned in the months ahead.
US: Initial Jobless Claims Increased Above Estimates Last Week
US citizens that applied for unemployment insurance benefits increased by 222K in the week ending May 11, according to the US Department of Labor (DoL) on Thursday.
Fed Policymakers' Comments Awaited After April Inflation Data
Fed policymakers' comments awaited following the April inflation report.
EUR/USD Holds Strength Amid Firm Speculation Over Fed Rate Cuts
EUR/USD falls slightly from the crucial resistance of 1.0900 in Thursday’s European session.
New York Federal Reserve Chairman Williams's latest statement is here! Inflation data is positive, but interest rate cuts still require more confidence
New York Federal Reserve Chairman John Williams is optimistic about the latest decline in inflation data, but he is not inclined to immediately push the Federal Reserve to lower interest rates because of this. In an interview, Williams pointed out that although the decline in the consumer price index in April was “a positive sign after a series of disappointing data,” he doesn't think there is a good reason to adjust monetary policy at the moment.
ECB: Eurozone Financial Stability Improves Amid Cooling Inflation, Lower Recession Risks
Financial stability in the euro area has improved, thanks to a continued decline in inflation and reduced recession risks as investor sentiment rebounds, the European Central Bank said Thursday.
GF Securities: US core inflation continues to fall, and the probability that the Fed will cut interest rates has increased
The Zhitong Finance App learned that GF Securities released a research report to analyze the reasons and trends of the decline in core inflation in the US. The team believes that the overall US inflation data for April 2024 was in line with market expectations, and the year-on-year decline continued. Among them, the growth rate of rental housing prices, which accounts for 35%, declined slightly; super core inflation (excluding core services other than housing) also cooled down month-on-month; core commodity prices continued to fall in April, but the pace slowed down. Furthermore, since this year, the market's expectations of the Fed's interest rate cut have been “going back and forth”. The main background is the continuous fluctuation in employment and inflation data and the back-and-forth of the Fed's statements.
StashAway: Optimistic that the US delays interest rate cuts, the Fed's policy shift may benefit emerging markets in Asia
Investors can focus their thinking on “when to cut interest rates” and “how much” rather than “whether interest rates will be cut in the end”. As the US begins to cut interest rates, investors may see an increase in capital flows as cash flow increases, thereby benefiting emerging markets in Asia.
ECB Says Risks to Financial Stability Have Eased as Threat of Recession Recedes
The eurozone's financial system faces less acute threats to stability as it appears increasingly unlikely that the currency area's economy will slide into a deep recession, the European Central Bank said.
EUR/USD: With Signs of Fatigue the European Currency Remains Below the 1.0900 Level
The single European currency is trading just below 1,09 levels in early morning trading on Thursday, showing signs of fatigue after yesterday's strong rally.
EUR/USD Could Rise to 1.0900, but Move to 1.1000 Seen Premature -- Market Talk
0720 GMT - EUR/USD has rallied around 1% this week thanks to the dollar's drop and the 1.0900 should not be a very strong resistance if U.S. data, for example jobless claims later in the day, adds pre
EUR/USD May Extend Recent Uptrend, Chart Shows -- Market Talk
0658 GMT - EUR/USD may extend its recent uptrend, based on the weekly chart, says Quek Ser Leang, markets strategist at UOB Global Economics & Markets Research. The currency pair surged above trendlin
The possibility that the Fed will cut interest rates this year is showing that the dollar is weakening and the yen is fleeing the intervention zone
The US dollar generally weakened against other currencies, and the yen became one of the major currencies that rose the most.