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Analytical Overview Of The Main Currency Pairs - Wednesday, Dec. 8
Looking at EUR/USD, GBP/USD, USD/JPY, USD/CAD.
The Analytical Overview Of The Main Currency Pairs - Monday, Dec. 6
On Friday, ECB head Christine Lagarde said that the ECB will end its PEPP program in March 2022, and it is highly unlikely that the ECB will raise interest rates in 2022.
The Analytical Overview Of The Main Currency Pairs - Thursday, Dec. 2
German retail sales fell by 0.3% in October while a 1% increase was expected. The ECB balance continues to rise despite growing inflation. Total assets increased by another €14.7 billion last week to a new level of €8,457 billion.
The Analytical Overview Of The Main Currency Pairs - Wednesday, Dec. 1
Eurozone annual inflation accelerated to 4.9% in November from 4.1%, it’s well above the 4.5% forecast and above the ECB's target.
The Analytical Overview Of The Main Currency Pairs - Monday, Nov. 29
Electricity prices in the Eurozone are rising again despite the risk of another lockdown. Inflationary pressures in Germany continue to rise. German import prices have increased to 21.7% in annual terms, the largest value since 1980.
The Analytical Overview Of The Main Currency Pairs - Friday, Nov. 26
Germany's GDP growth estimate for Q3 worsened to 1.7% from 1.8%. Analysts believe the economic performance across Europe will worsen in Q4 due to the introduction of new restrictions to combat the Covid-19 wave.
The Analytical Overview Of The Main Currency Pairs - Thursday, Nov. 25
The Euro fell to a new yearly low after disappointing data from the Ifo business climate in Germany. The Ifo business climate in Germany declined for the 5th month in a row to 96.5 in November against expectations of 96.6.
The Analytical Overview Of The Main Currency Pairs - Wednesday, Nov. 24
Europe continues to face power shortages in the region. Electricity prices in some countries are approaching historic highs.
The Analytical Overview Of The Main Currency Pairs - Tuesday, Nov. 23
Inflationary expectations are rising again in Germany. The Bundesbank predicts a jump in inflation to a level close to 6%. The euro continues to decline against the dollar after Powell's reappointment.
The Analytical Overview Of The Main Currency Pairs - Monday, Nov. 22
With inflation in the Eurozone above 4%, analysts believe that prices in the region will continue to rise, potentially forcing the European Central Bank to raise interest rates by the end of next year.
The Analytical Overview Of The Main Currency Pairs - Friday, Nov. 19
TThe housing price index in Germany increased more than 1% due to an influx of money from the European Central Bank. Germany has decided to invest free money in real estate.
The Analytical Overview Of The Main Currency Pairs - Thursday, Nov. 18
The ECB balance sheet continues to rise steadily, which has a negative impact on the European currency. The consumer price index in Europe remained unchanged at 4.1% as expected.
The Analytical Overview Of The Main Currency Pairs - Wednesday, Nov. 17
Eurozone GDP growth estimate for Q3 remained at 2.2% as expected. Meanwhile, the euro fell to its lowest level against the dollar since July 2020, its worst performance in 6 years.
The Analytical Overview Of The Main Currency Pairs - Tuesday, Nov. 16
Deutsche Bank is calling on the ECB to tighten its monetary policy as inflation rises. Tomorrow new data on the consumer price index in Europe will be published.
The Analytical Overview Of The Main Currency Pairs - Monday, Nov. 15
Inflationary pressures in Germany continue to update records. Wholesale prices in Germany increased to 15.2% in October, the highest level since March 1974.
The Analytical Overview Of The Main Currency Pairs - Friday, Nov. 12
Europe's GDP forecasts continue to fall as the economic recovery slows and the number of Covid cases reaches an all-time high. The German government's economic advisory group lowered its 2021 economic growth forecast to 2.7%.
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