EUR/USD
EUR/USD
EUR/USD
1.1631
+0.06% (+0.0007)
Updated 09:40 PMEUR/USD
EUR/USD
1.1631
+0.06% (+0.0007)
Updated 09:40 PMEUR/USD
1.1631
+0.06% (+0.0007)
Updated 09:40 PM
Overview
A major bank now sees the ECB staying in hiking mode longer than a near-term stop. Longer ECB tightening could support the euro if it widens the gap with a Fed seen nearing the end of its own cycle.
Updated 09:04 PM
Medium confidence09/07, 04:00 PM
Euro area second-quarter GDP rose 0.6% quarter-on-quarter, above the 0.4% estimate.
Affected assets
FirstSquawk
09/07, 04:00 PM
Related updates
CafeF·09/08, 08:00 AM
The ECB is widely expected to raise interest rates on Thursday, September 10, as an insurance move against renewed oil price gains from Middle East conflict, with markets questioning whether this would be the final hike of the current tightening cycle.
FinancialJuice·09/07, 01:00 PM
German industrial production year-over-year (seasonally adjusted) came in at -1.6%, missing the 0% forecast and prior reading of 0.00%.
Jin10·09/04, 07:48 PM
After stronger-than-expected US August nonfarm payrolls, the US Dollar Index rose to an intraday high of 99.932 (+0.5%) from about 99.035 pre-release, while EUR/USD fell to 1.1583 from about 1.1623, and markets raised expectations of a possible Fed rate hike as soon as this month.
FirstSquawk·09/08, 01:39 PM
Low impactThe ECB is set to raise its key interest rate again while signaling caution on further moves, WSJ reports.
FinancialJuice·09/08, 01:00 PM
Low impactGerman exports fell -0.8% month-on-month seasonally adjusted, missing the 0.3% forecast and down from the prior 0.9% reading.