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Chris Cammack June 15, 2023 12:18 PM
The EUR bulls are back in control of the EUR/USD and it is clear that the markets do not believe that the Fed is going to continue hiking interest rates in the medium term, despite the hawkish rhetoric.
Chris Cammack June 12, 2023 01:43 PM
The current probability of a rate rise by the Fed is between 20-30%, so if there is a surprise increase, the EUR/USD will be hit hard and the DXY will make major gains.
Chris Cammack June 5, 2023 03:27 PM
The EUR/USD rebounded above 1.07 on the news, and the DXY was broadly lower – erasing any session gains.
Chris Cammack May 31, 2023 12:57 PM
Weakness in the USD was short-lived due to better-than-expected inflation data from the Eurozone and the debt ceiling talks in the US.
Chris Cammack May 29, 2023 10:50 AM
With the US default looking less likely, traders are pulling out of the USD and beginning to look further ahead.
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