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EURUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Breaks $104; US NFP Bolsters Trend

08-04-2024 01:03

DXY climbs past $104, buoyed by a robust US labor market with Non-Farm Payrolls hitting 303K, hinting at enduring economic strength.

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US dollar, EUR/USD, gold, crude oil analysis: COT report

Large speculators were net-short USD index futures for a second week. • Net-long exposure to EUR/USD futures fell to a 19-month low. • Large speculators pushed net-short exposure to JPY futures rose ...

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EUR/USD Weekly Forecast: The US Consumer Price Index could twist Fed’s hand

Across the pond, Germany reported that the Harmonized Index of Consumer Prices (HICP) rose 2.3% YoY in March, according to preliminary estimates, while the EU informed the annual HICP at 2.4% in the ...

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EUR/USD Bounces Along 50-Day SMA amid Post-NFP Rebound

EUR/USD bounces along the 50-Day SMA (1.0829) as it attempts to retrace the decline following the 303K rise in US Non-Farm Payrolls (NFP), but the exchange rate may give back the advance from the ...

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US Dollar’s Outlook Rides on US Inflation Data - EUR/USD, USD/JPY, GBP/USD

The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday's U.S. inflation report surprises to the upside and triggers a hawkish ...

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