March 17, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 17, 2022

This is the first Federal Reserve rate hike in 14 years (0.25%). FOMC members have decided that they will raise the rate six more times before the end of the

by Jeff Wecker

Forex Analysis

March 16, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 16, 2022

Weak economic data came out yesterday for the euro zone. Industrial production in the January estimate fell by 1.3% (forecast -0.5%), ZEW economic sentiment

by Jeff Wecker

Forex Analysis

March 15, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 15, 2022

Yesterday's result showed that investors are still not ready to prematurely buy dollars before the Federal Reserve meeting. The current situation on the daily

by Jeff Wecker

Forex Analysis

March 14, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 14, 2022

Traders are definitely preparing in case the Fed announces a rate hike on March 16. That was the reason why EUR/USD fell by 70 points on Friday,

by Jeff Wecker

Forex Analysis

March 11, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 11, 2022

The ECB accelerated the tapering of its bond purchase program. EUR/USD rose by 80 pips because of this news, but by the end of the day pulled back and closed

by Jeff Wecker

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