February 2, 20230Comments

Forex Analysis – Forecast for EUR/USD on February 2, 2023

So, the Federal Reserve raised the rate by the expected 0.25%. This did not seem enough to the markets, and the dollar index fell by 0.94%, while the euro gain

by Jeff Wecker

Forex Analysis

February 1, 20230Comments

Forex Analysis – Forecast for EUR/USD on February 1, 2023

Here comes day X - the Federal Reserve will announce its monetary policy with a likely 0.25% rate hike. Next the markets are expecting another 0.25% hike and

by Jeff Wecker

Forex Analysis

January 31, 20230Comments

Forex Analysis – Forecast for EUR/USD on January 31, 2023

On Monday, the euro tried to trade wide, i.e. it tried to go up using the CPI growth in Spain in January to 5.8% y/y against 5.7% y/y earlier, but the German...

by Jeff Wecker

Forex Analysis

January 30, 20230Comments

Forex Analysis – Forecast for EUR/USD on January 30, 2023

Last Friday, the euro was down 22 points. The trading volume was below the average, which suggests that big players have a wait-and-see attitude ahead of the

by Jeff Wecker

Forex Analysis

January 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on January 27, 2023

Yesterday, the euro failed to move towards the 1.0990 target and rolled back to Wednesday's initial positions. If today's U.S. consumer income/expenditure

by Jeff Wecker

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