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Tagged as 'eurusd'
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20 May 2024

Good sentiment on the markets is reflected in high levels of stock indices

Last Friday, Wall Street indexes experienced little volatility and remained within historically high levels. The Dow Jones rose by 0,3%. and exceeded the level of 40 thousand. points, SP500 closed the day in positive territory with [...]
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16 May 2024

The EUR/USD rate has a chance of breaking above the ceiling of 1,11

April data on consumer inflation in the US were perceived as an approximation of the Fed's interest rate cut, thus hitting the dollar and causing the eurodollar to break out of the descending channel. Analysis [...]
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15 May 2024

Jerome Powell didn't surprise with anything. Be patient

Powell made no surprises in yesterday's speech and made the already familiar statement about the need for more evidence that inflation is heading toward the target. He reiterated that the latest CPI reports indicate [...]
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15 May 2024

The dollar is losing in anticipation of weaker CPI data from the US

Another day on global markets brings us a solid dose of information. Yesterday in the afternoon, Powell announced his rather hawkish position on monetary policy. The Prime Minister of Poland, Donald Tusk [...]
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