When are the Eurozone prelude CPIs & how could they affect EUR/USD?
March 31, 2021When are the Eurozone prelude CPIs & how could they affect EUR/USD? Summary on Preliminary CPIs Eurostat will announce the first estimate of Eurozone inflation figures for March at 0900 GMT on Wednesday. The headline of CPI (Consumer Price Index) is an antedate to come in higher at 1.3% YoY while the core inflations are
Read moreUSD/CHF invigorates multi-month tops amid sustained USD buying
March 30, 2021USD/CHF invigorates multi-month tops amid sustained USD buying USD/CHF cut out of a two-day-old trading range and refreshed multi-month tops on Tuesday. The optimistic US economic outlook, rising US bond yields continued underpinning the greenback. A positive risk tone registered on the safe-haven CHF and provided an additional boost to the pair. The USD
Read moreDollar Elevated, Euro Put with Massive Monthly Drop Since 2019
March 29, 2021Dollar Elevated, Euro Put with Massive Monthly Drop Since 2019 The Dollar was high on Monday morning, lingered around record gains the euro and yen. The Last week’s U.S. Economic data and the rapid pace of the COVID-19 Vaccination rollout program leads the traders to turn towards the Dollar. The U.S. Dollar Index slightly
Read moreUSD/CAD: BoC to give an encouraging tailwind for the loonie- TDS
March 24, 2021USD/CAD: BoC to give an encouraging tailwind for the loonie- TDS Statisticians at TD Securities look for the CAD to maintain a supportive tailwind after the Bank of Canada outlined steps to unwind its remarkable encouragement programs in the weeks ahead. “The Bank will discontinue all remaining liquidity-focused programs ‘in the coming weeks. Term repo
Read moreS&P 500 Prospects follow US Treasury yields to the south ahead of Powell-Yellen duet
March 23, 2021S&P 500 Prospects follow US Treasury yields to the south ahead of Powell-Yellen duet S & P 500 Futures fails to increase the prior day’s recovery moves, part ways from Wall Street gains. Cautions sentiment ahead of key testimony West Versus China struggle heavily the mood amid a light calendar. Early Signals recommend no challenges
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