ATF Trading Room

EUR drops to new 2019 lows as the ECB cites growing risks to the economy

ECB Draghi

The year’s first European Central Bank meeting got off to a soggy start for the euro which slipped to three-week lows against its U.S. rival. By contrast, the greenback enjoyed broad gains with Europe’s weak economy dominating the spotlight...

 

EUR Impact – Is the Italian budget crisis bigger than Brexit?

EU flag

For the first time ever, the European Commission has requested a euro area country to revise its draft budget plans. Italy is not backing down though, and the far-right Deputy Prime Minister Matteo Salvini believes the new measures are necessary...

 

Forex News

Rising global risks add fuel to the USD rally, EUR breaks below 1.13

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Elevated global risks kept the safer U.S. dollar well supported. Extending an upswing, the trade-weighted Dollar Index climbed to early January highs thanks to across the board gains versus rivals from Europe, Canada and emerging markets...

 

USD Steady after a Better than Expected Non-farm Payrolls Report

Jobs

Surprisingly robust U.S. job growth helped the dollar chip away at its Fed-induced losses. While unemployment reached a seven-month high of 4%, it had no discernable impact on hiring as the economy added a stellar 304,000 jobs...

 
 

Forex Outlook

GBP cools off its recent bull run as traders take profits

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Sterling slipped from two-month highs as sobering news on the U.K consumer spurred many to take some chips off the table. Sterling pared some of its gains as the rocky week of U.K. politics suggested a fading likelihood of Britain exiting the EU without a deal...

 

GS FX Research: EUR and CAD Trade Ideas

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Looking at the trading session ahead, Goldman Sachs strategists prefer not to chase EURUSD lower as it has already approached 1.1720 support, but would sell on rallies to 1.1810 or on a break below 1.1700, with EUR to be well supported near 1.1665...

 

Forex Research

Is Elliott waving goodbye to the U.S. dollar?

Currency Rates

Being a long-time observer of market dynamics one can`t help getting a sense of déjà vu when looking at the chart of US dollar index as it bears a very familiar Elliott Wave price structure to one seen not so long ago, which may surprise USD bulls...

 

The ‘Grand Old Party’ and the U.S. dollar

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A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...

 

Bloomberg TV