GEMFOREX Numbers Outlook – February 2023
these are the GEM numbers of the month for February:
GemForex - weekly analysis
The Week Ahead: Will the FED pivot to the emerging dynamics?
GemForex - weekly analysis
European Central Bank under enormous pressure ahead of Fed rates
GemForex - EUR/USD
EURUSD Forecast: Vulnerability ahead of fresh EZ economic data, FOMC
Euro (EUR) Price Outlook: No End Yet in Sight for EUR/USD Weakness
EUR/USD continues to tumble, with no sign yet of a rally or even a near-term bounce.. The pair has dropped already beneath the support line of a downward-sloping channel in place since late May this year to its lowest level since July 2020 and there is now little support between here and 1.1170. From a fundamental perspective, the Euro is suffering from a continued insistence by the European Central Bank that much higher Eurozone interest rates are not needed.
Euro Technical Analysis - EUR/USD, EUR/JPY. Levels to Watch
The Euro has established some range environments against the US Dollar and the Japanese Yen. Will the single currency break-out to establish a trend?
Declining EUR/USD: What’s the Pivot Point?
The euro has been in a declining trend recently, falling against US dollar for 8 consecutive trading days since January 31st , 2020. Technically, the euro may be slightly oversold, and 1.0880 is a key support level for EUR/USD.
EUR/USD Looks to US Retail Sales, Sentiment Data After ECB
EUR/USD may rise if US retail sales and sentiment data amplify growing Fed rate cut bets after the ECB failed to meet the markets ultra-dovish expectations.
EUR/USD Recovers, GBP/USD Rallies, USD/CAD Eyes BoC Risk - US Market Open
EUR/USD Recovers, GBP/USD Rallies, USD/CAD Eyes BoC Risk - US Market Open
GBP/USD Dips, EUR/USD Eyes Italian Politics, AUD/USD Bounces on RBA - US Market Open
GBP/USD Dips, EUR/USD Eyes Italian Politics, AUD/USD Bounces on RBA - US Market Open
Trading Forecast: EURUSD and Dow Bearings Rest on Jackson Hole, Trump
Scheduled event risk is starting to give way to sentiment and systemic fundamental concerns a prospect that threatens volatility at a time of year when quiet is supposed to prevail. Trade wars are finding guidance from headlines that President Trump regularly tops, while recession fears are tied more closely to
EURUSD Gains on German Deficit Report, US Consumer Sentiment Sinks
The US Consumer Sentiment Index printed a 7-month low as consumers worry about increased tariffs and trade war uncertainty. Meanwhile, reports out of Germany reveals willingness to run a fiscal deficit to bolster the economy if needed.
Euro Decline Eyed, NZD too as Manufacturing Shrinks Most Since 2012
The Euro downtrend is in focus after the ECB dialed up stimulus expectations. NZD/USD is also at risk after New Zealand manufacturing PMI contracted by the most since 2012.
US Dollar May Rise Against Euro as Italian Political Risk Mounts
The US Dollar and Swiss Franc may rise against the Euro as Italian politics may temporarily steal the spotlight as the biggest political risk in Europe next to Brexit.
EUR/USD: Expect US NFP Jobs Data to Spark Forex Volatility
Spot EURUSD forex traders might expect elevated periods of volatility around monthly US nonfarm payrolls data.
EURUSD Directionless on EZ Mixed Data, Awaits Fed Rate Decision
German inflation managed to pick up but inflation and growth in the Euro area continue to be under strain. EURUSD awaits key US data for direction.
EURUSD Eyeing 1.1150 Ahead of German and US Inflation Figures
Eurozone confidence worsened in July as continued global uncertainties weigh heavily on investor sentiment. EURUSD volatile ahead of key inflation data to be released later today.
EUR/USD Price Action Eyes Inflation Data Ahead of Fed
Spot EURUSD currency traders shift focus to Tuesday's release of Eurozone and US inflation numbers in addition to US Consumer Confidence.
EURUSD Oscillates After ECB, Gears up for US GDP Data Ahead
EURUSD violently oscillated before settling unchanged after the ECB rate decision and commentary. The pair is now bracing for the release of US GDP data.
Why the Euro, Dollar Rally After the ECB？ Leaving EURUSD at Support
The Euro gained after the ECB as Mario Draghi disappointed dovish expectations, rising bond yields spread into North America as the US Dollar rallied, leaving EUR/USD at key support.