US GDP, employment data and Fedspeak next on tap
The US Dollar (USD) maintained its bullish bias unchanged for the second day in a row on Wednesday…
There are signs US could be interested in deal with EU
German Chancellor Friedrich Merz said on Wednesday that there are signs that the United States (US) could be…
German Industrial Production jumps 3% MoM in March vs. 0.8% expected
Germany’s industrial sector activity increased more than expected in March, according to the latest data published by Destatis…
EUR/USD whipsaws after Fed rate hold, Powell warns tariffs put targets out of reach
EUR/USD bounced from 1.1335 to 1.1365 after the Fed held rates steady at 4.5%. Market tensions remain elevated,…
EUR remarkably quiet despite political turmoil in Germany – Scotiabank
The Euro (EUR) is quiet and trading within a remarkably tight range, given the broader context of uncertainty…
EUR/USD struggles to extend upside after surprisingly upbeat US ISM Services PMI
EUR/USD finds selling pressure near 1.1360 as the US Dollar attracts bids after the release of the US…
Inflation, growth and employment coming up next
Easing US political and trade tensions lifted the market’s mood at the end of the week. The US…
German IFO Business Climate Index improves slightly to 86.9 in April vs. 85.2 expected
German IFO Business Climate Index rose unexpectedly in April. EUR/USD extends recovery toward 1.1400 in the European session.…
US data, Germany’s morale gauges, and tariffs take centre stage
The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating…
EU mulls tweaking methane rules for US gas to help trade talks – Reuters
Citing three sources familiar with the matter, Reuters reported on Monday that the European Union (EU) is contemplating…