The Euro traded in narrow ranges during the European session on Tuesday with resistance on approach to the 1.0600 area and little in the way of fresh Euro-zone developments as concerns surrounding the French Presidential election eased slightly.
Related Insights
Daily Brief – Euro
Humphrey Percy
Mon 23 Dec 2024
Euro Markets are currently pricing in four 25bp rate cuts for 2025 in the EU from 3% to 2% but some analysts are now predicting that rates may go as low as 1.5%. What that means is that EUR will remain weak and allow buyers of EUR to lock in the best levels for years. […]
Daily Brief – British Pound
Humphrey Percy
Fri 20 Dec 2024
British Pound With GBP if not all at sea but wallowing against the crashing waves of USD strength, it is a tale of two cities for beleaguered Brits: GBP/USD dipping below the previous floor of 1.2600 but versus EUR GBP still looking firm due to the apparent divergence between the Federal Reserve and the European […]
Daily Brief – Germany
Humphrey Percy
Wed 18 Dec 2024
Germany Gloomy Germans is not an entirely unknown phenomenon for those of us who have toiled in Finanzplatz Deutschland or the Financial Marketplace of Germany which primarily encompasses Frankfurt, Berlin, Dusseldorf and Hamburg. Unfortunately the ZEW German Research Institute are upholding that less than noble tradition in their Economic Sentiment Indicator report that was released […]
