Technical Analysis Current ECB Interest Rate: 4.00% Rate Cut Probability (17th April Meeting): 90% Euro Performance: Surging in recent weeks Bond Yields & Energy Prices: Falling, easing inflation pressures Fundamental Factors Affecting the Eurozone Impact of U.S. Tariffs It is expected to affect economic growth by disrupting trade and supply chains. Uncertainty increases the risk […]
Apr 19, 2024
Commodity Currencies at Strategic Levels. What Can Affect a Breakdown Downwards?
The decline in investor expectations regarding a change in the vector of the Fed’s monetary policy contributes to the fall of not only European, but also commodity currencies. So, in recent weeks: AUD/USD has lost more than 200 points and is testing the extremes of 2023 near 0.6400 USD/CAD is trading at three-year highs and […]
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