Eurozone

The euro came under heavy selling pressure yesterday in response to fresh dovish comments from ECB president Draghi. Draghi spoke at the ECB's Sintra conference in Portugal. During his speech, he gave the market a very clear signal that… Read More

Tomorrow we have the release of a host of data relevant to the euro all at once. We have CPI, trade balance and ZEW economic sentiment indicator for the eurozone. But, the one we'll be focusing on here since it tends to have a lot of… Read More

The market is largely focusing on tomorrow's ECB rate decision. However, before then, there are still some important data points on the calendar that could move the market. Chief among them is the final reading of the eurozone's first… Read More

USD Strengthens Despite FOMC Vowing to Hold Rates The US dollar has strengthened over the European morning on Thursday, extending gains in the wake of yesterday’s FOMC meeting minutes. The gains have come despite the minutes revealing that… Read More

This week, elections season is dominating the markets. Following the weekend elections in Australia, and the recently concluded general elections in India, focus now shifts to the EU. The EU elections are unlikely to impact the markets… Read More

Little to Report in USD The US dollar was slightly higher over the European morning on Tuesday. The index rose to 97.16 last, keeping its head above the 97.10 level. Looking ahead to today’s US session, there is very little on the data… Read More

Tomorrow is a very big day for the euro according to the economic calendar. There's plenty of data on tap that could potentially move the currency. Arguably the most important figure is the German quarterly GDP. This is because it is… Read More

The German economic sentiment index, a survey from the ZEW economic institute is due for release today. Economists forecast that the sentiment could continue its uptrend. After rising 3.1 in April, the forward-looking sentiment index is… Read More

The week ahead is expected to be somewhat slower as far as economic reports are concerned. The major economic events over the week will focus on the labor market reports from Australia and the UK. The ongoing trade war tussle between the… Read More