No Data
No Data
No Data
The inflation data is “ugly. The Fed's debate is shifting from when to cut interest rates to whether to cut interest rates
The Fed's debate is beginning to shift from how many times to cut interest rates this year to whether to cut interest rates in 2024.
Zhitong Finance07:15 ET
Irish Economy Grew Again, Boosting Eurozone Rebound Hopes
Ireland's economy grew for the first time in more than a year during the three months through March, a boost to hopes that the eurozone has emerged from a shallow recession.
WSJ06:12 ET
EUR/USD Surrenders Intraday Gains Ahead of US, Eurozone Data-packed Week
The EUR/USD pair struggles to sustain above the round-level resistance of 1.0700 in Monday’s European session.
FXStreet06:10 ET
Eurozone Remains Weak -- Market Talk
Weakening confidence among eurozone businesses will keep the European Central Bank on track for a series of rate cuts beginning in June, says Franziska Palmas, Europe economist at Capital Economics. Overall economic sentiment declined unexpectedly this month as confidence deteriorated in industry and services, while consumer confidence was little improved, according to monthly European Commission surveys set out Monday.
WSJ05:45 ET
Government energy aid cancellation Spain continues to accelerate CPI growth in April
Spain's inflation accelerated for the second month in a row, as the Spanish government continued to remove support measures that had helped curb the sharp rise in energy prices.
Zhitong Finance05:06 ET
ECB's Wunsch: July Rate Cut Is Not a Done Deal
European Central Bank (ECB) policymaker Pierre Wunsch said on Monday that a “July rate cut is not a done deal.”
FXStreet04:41 ET
Timtan85 : Maybe dollar strengthen further i remember it was $1.70 many years ago
SpyderCall Timtan85:
I am with Goldman. I think that the lower borrowing costs coming from lower interest rates will decrease demand for the dollar and ultimately decrease its value.
But if the US economy starts showing improvement, then that will strengthen the dollar. 2024 is going to be interesting.
Timtan85 SpyderCall: Interesting. Thanks for your thoughts. Gd insight. I used to be an RM in uob nice to meet u
SpyderCall Timtan85: I only share the same thoughts as Goldman. I don't actually work with them .... Is an RN a "Registered Nurse?"
razo2 : I think better keep eyes on data. Friday MM will not want to pay out the bulls.
SpyderCallOP razo2:
Of course those tricky MMs don't want to pay anybody. Especially on mid month expirations. Usually there is a little volatility around those expiration dates.
It is possible we might see a bit more volatility today, Wednesday, or Friday. Wednesday is the official monthly expiration but sometimes the rollover can happen before or after, like on a Friday.
But it is a possibility that investors might have already rotated their contracts. After a crazy rally like we have seen, it makes me think a lot of capital has already moved around. So then the volatility might be just like any normal day.
102905741 : stok data in market
102905741 : stok data in market..