Latest data released by Eurostat – 3 February 2021
Kategorie-Archiv: Forex News
AUD/USD still headed for 0.81 by year-end despite RBA surprise today – HSBC
HSBC argues to look past the RBA surprise decision today
The firm says that while it was a surprise that the RBA announced a QE extension today, it simply „mirrors similar commitments by other G-10 central banks, including the Fed, and should therefore not be a significant long-term driver of the currency“.
The firm says that while it was a surprise that the RBA announced a QE extension today, it simply „mirrors similar commitments by other G-10 central banks, including the Fed, and should therefore not be a significant long-term driver of the currency“.
EUR/USD falls to a two-month low as dollar continues to hold more resilient
The short dollar squeeze is starting to take a look at some key levels
A firm break/close below that region will set sellers up for a potential retest of 1.2000 and possibly the 100-day moving average (red line) @ 1.1962 next.
A firm break/close below that region will set sellers up for a potential retest of 1.2000 and possibly the 100-day moving average (red line) @ 1.1962 next.
Japan PM Suga announces state of emergency extension until 7 March
State of emergency extended for 10 prefectures
This just formalises the earlier confirmation .
here
This just formalises the earlier confirmation .
here
Eurozone Q4 advanced GDP -0.7% vs -0.9% q/q expected
Latest data released by Eurostat – 2 February 2021
ECB jawboning won’t be enough to cap euro’s ascend – Scotiabank
Scotiabank argues that the ECB is running out of options to stem further strengthening in the euro currency
The firm says that the rise in EUR/USD since March last year has prompted „what resembles a campaign to implicitly cap the currency“ but that won’t be enough.
The firm says that the rise in EUR/USD since March last year has prompted „what resembles a campaign to implicitly cap the currency“ but that won’t be enough.
Japan reportedly to extend state of emergency by another month to 7 March
Kyodo News reports on the matter
This just rebuffs the reports from the end of last week and over the weekend. The announcement is likely to come tomorrow as the current state of emergency protocol is set to carry on until 7 February.
This just rebuffs the reports from the end of last week and over the weekend. The announcement is likely to come tomorrow as the current state of emergency protocol is set to carry on until 7 February.
Eurozone December unemployment rate 8.3% vs 8.3% expected
Latest data released by Eurostat – 1 February 2021
Risk appetite keeps in a better spot so far in European morning trade
S&P 500 futures are up 1% after being down 1% in the early stages today
Risk appetite continues to show signs of a bounce back after Friday’s rout, with European indices holding around 1% gains – mirroring the mood in US futures.
Risk appetite continues to show signs of a bounce back after Friday’s rout, with European indices holding around 1% gains – mirroring the mood in US futures.
UK December mortgage approvals 103.4k vs 100.0k expected
Latest data released by the BOE – 1 February 2021