The ECB cut rates on Thursday: Forexlive Americas FX news wrap: ECB cuts rates, US retail sales beat estimates Given the state of the EU economy analysts are piling in projecting further rate cuts: RBC expect a cascade of European Central Bank rate cuts for the next six months+Forexlive Americas FX news wrap: ECB cuts...
Fundamental Overview The bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and PPI reports. One caveat is that the market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line with the Fed’s projections. Therefore, we will likely need more strong US...
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2025 inflation seen at 1.9% (previously 2%)2026 inflation seen at 1.9%Long-term inflation, defined as 2029, seen at 2.0% This is just a tad more optimistic than the ECB’s own projections, which sees inflation only returning back to the 2% target in Q4 2025 and averaging at 2.3% for next year....
Fundamental Overview Yesterday, gold managed to rally into a new all-time high despite some strong US data as Retail Sales and Jobless Claims beat expectations across the board. In the bigger picture, gold remains in a bullish trend as real yields will likely continue to fall amid the Fed’s easing...
Fundamental Overview The bullish momentum in the US Dollar seems to be waning as GBPUSD couldn’t print a new low despite another set of strong US data. In fact, the US Retail Sales beat expectations across the board by a big margin and the US Jobless Claims came out much...
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