A rather hawkish ECB statement probably sits somewhere between the BoE and the Dovish Fed, keeping the euro supported. What is likely to drive euro pairs next week?
Source
Euro Forecast: EUR/GBP and EUR/JPY Face Support, EUR/USD to Rise?
access_timeNovember 25, 2024
Latest:
- USD is lower to start the new trading week. Stocks higher. Yields Lower
- Copper Technical Analysis – The sentiment remains mixed
- BOE’s Dhingra: UK no longer looks like an outlier for inflation among advanced economies
- BOE’s Lombardelli: We remain focused more on services prices and wages
- Crude Oil Technical Analysis – We are approaching the top of the range
- BOE’s Lombardelli: I support a gradual removal of monetary policy restriction
- Gold Technical Analysis – The Treasury Secretary pick weighs on the market
- ECB’s Lane: Monetary policy should not remain restrictive for too long
- Bank of England Dhingra and Lombardelli speaking on Monday
- People’s Bank of China shift to the MLF as the main policy tool – drain today facilitates
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