EUR/USD Analysis: Euro Showing Signs of Strength

The European Central Bank (ECB) yesterday lowered its deposit facility rate by 25bp for the second time this year (and its other two rates by 60bp, but that was just a technical twist that meant to narrow the spread between the deposit facility and the main refinancing rate from 50 to 15bp, so don’t be […]

Key Highlights Crude oil prices struggled to clear the $80.00 resistance zone. It traded below a key bullish trend line with support at $77.00 on the 4-hour chart. EUR/USD rallied and surpassed the 1.1120 resistance. Gold seems to be consolidating near the $2,500 pivot zone. Crude Oil Price Technical Analysis Crude oil prices attempted a […]

Markets On Friday a divergent narrative of in line, rather soft US price deflators and higher than expected EMU May CPI inflation caused US and EMU interest rate markets to part ways, with US yields declining and EMU interest rates still gaining a few bps. Today US and European bonds again moved in the same […]