The EUR/USD market closed Jun 12, 4:00pm (7 hr ago), and will repoen Jun 14, 2026 4:00pm (in 40 hr).
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Latest Stories for EUR/USD
From ubs.com | 2 hr 33 min ago
The European Central Bank (ECB) raised key interest rates by 25 basis points this week. The question is whether the Swiss National Bank (SNB) and the Federal Reserve will respond similarly to the oil price shock. Markets are now pricing in higher rates for these central banks as well, but although the trigger is the same, the monetary policy responses are ...
From think.ing.com | 8 hr ago
The University of Michigan sentiment index has improved to 48.9 from 44.8 (consensus 46.0), but this remains at very weak levels by historical standards. The chart below suggests the latest reading should be consistent with consumer spending falling around 1.5% year-on-year. However, consumer spending is being driven by higher-income households who are ...
Markets head into the first Fed meeting run by new Chair Kevin Warsh with almost no idea what he thinks about the recent surge in job growth, the acceleration in inflation or the path of interest rates. And that may be by design. Warsh has strongly criticized Fed communications, saying they have led to policy errors and placed the Fed more at the center of ...
Central bank action has picked up with the ECB hike, and more tightening is likely in store. The first meeting chaired by Kevin Warsh is ahead next week. Meanwhile, the oil price has lost its position as the most important driver of interest rates. Even if the war ended today, a lot of damage has already been done to energy infrastructure and global supply ...
ECB's Nagel: The ECB had to react, and did so calmly. ECB's Nagel: The situation is still challenging, and we will decide based on the data.
There's a worry that Warsh may take away some avenues of Fed communication that academics and Fed watchers seem to really like. That risks leaving the public more in the dark at a time when inflation and borrowing costs both are concerns, and there's anxiety around artificial intelligence and the economy. Warsh might address some of those issues Wednesday ...
Consumer sentiment may finally be recovering after falling to historic lows due to wartime price spikes. The University of Michigans latest survey of Americans, released Friday, showed that sentiment rose 9% to a preliminary reading of 48.9 early this month, the first increase since February, before the United States and Israels destabilizing war with ...
ECB's Kazimir: The rate-hike mission is not yet complete. ECB's Kazimir: Second-round effects are lurking and will materialize. ECB's Kazimir: The June inflation data might be decisive for the July decision. ECB's Kazimir: The economy is resilient enough to digest higher rates. ECB's Kazimir: We can't exclude policy having to become restrictive.
From cnbc.com | 16 hr ago
A federal judge in Washington on Thursday denied a prosecutors request to erase the record of the governments legal losses during its attempt to investigate former Federal Reserve Chair Jerome Powell. Chief Judge James Boasberg, in a scathing order in D.C. District Court, replete with media quotes and links to a YouTube clip, denied a motion by the office ...
ECB's Makhlouf: We need to get ahead of inflation ECBs Makhlouf: Seeing more broad-based inflation impact ECBs Makhlouf: It would be a mistake for us to do nothing
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