Euro steady ahead of ECB decision, stocks drift lower
06/09/22 • 5 min
Euro holds around $1.07 ahead of expected ECB stimulus pullout. Elevated yields and oil prices weigh on equities, some relief from China trade jump. Yen snaps losing streak, dollar gets caught in sideways range in CPI wait.
Risk Warning: 73.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
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In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Euro holds around $1.07 ahead of expected ECB stimulus pullout. Elevated yields and oil prices weigh on equities, some relief from China trade jump. Yen snaps losing streak, dollar gets caught in sideways range in CPI wait.
Risk Warning: 73.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: http://www.xm.com/market-analysis-video
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Previous Episode
Choppy trading in build up to US CPI, central bank bonanza
Wall Street closes up but futures slip amid wavering sentiment. Dollar maintains upward crawl as inflation and growth worries persist. Yen keeps sinking, loonie outperforms as tight oil supply boosts prices.
Risk Warning: 73.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: http://www.xm.com/market-analysis-video
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Next Episode
Week Ahead: Fed gets ball rolling in busy central bank week
The coming week is loaded with central bank meetings to shake things up in the FX arena. Fed officials are almost certain to raise rates by half a percentage point, so markets will be driven mostly by their future projections. The Bank of England could also lift rates but strike a cautious tone. Nothing is expected from Japan, while Switzerland might disappoint those looking for immediate action.
Risk Warning: 73.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: http://www.xm.com/market-analysis-video
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
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