EUR

The European statistics agency, Eurostat will be releasing the preliminary GDP report for the third quarter today. During the three months ending September 2019, economists are optimistic that the eurozone economy grew at a pace of 0.2%… Read More

After begin whipsawed yesterday with the results from the Brexit vote in the UK Parliament, the euro is in for another busy day tomorrow with a host of key events. Before we get to the ECB's interest rate decision, we have a set of fresh… Read More

The economic data for the week ahead will be likely overshadowed by the Brexit developments. After months of stalemate, there seems to be some kind of progress. But hopes diminished quickly after UK lawmakers voted down the deal on… Read More

There is a substantial amount of market-moving data coming out of Europe tomorrow. The most important is likely to be employment data from the UK. The rate of job seekers is likely to stay at the lowest since the '70s. Half an hour… Read More

There's a pretty strong consensus in the markets that something will come out of the ECB monetary policy meeting tomorrow. The question that will move the markets is: what? There are quite a few potential measures that the ECB could… Read More

Tomorrow we have a series of important data points coming out of the euro area. The most important ones are Employment Change and the final reading of Q2 GDP. The data is likely to affirm expectations for the ECB to start easing during its… Read More

USD Softer After Data Miss The US dollar has softened a little over the final European morning session of the week. However, price is still on course to end the week firmly in the green. Data yesterday showed that while Q2 GDP was in line… Read More

Dollar Down on Risk Recovery USD has been under a little pressure over the European session so far on Tuesday. This comes on the back of higher levels in equities after Trump’s turn at the G7 meetings yesterday. Following rising tensions… Read More

Eurozone Economic Sentiment Indicator Falls Expectations that the ECB will have to announce fresh easing measures have increased again this week. This comes as another batch of data out of the eurozone undershot expectations. The… Read More

Dollar Drive Continues The US Dollar has started the week on a strong footing with the USD index continuing its recent rally. The index has now broken firmly above the 97.11 level and is well on its way to testing the next resistance level… Read More