Euro has now plunged 7.4% off the yearly high with EUR/USD plummeting into support this week at multi-year lows. The levels that matter on the weekly technical charts.
But before buying a bond ETF, take the time to understand a few basics about rates. Before buying a Treasury ETF, it's important to understand a few basics about rates.
April consumer confidence falls, raising questions about the consumption outlook at a time when investors are increasingly concerned about the possibility of a hard landing of the economy.
EUR/USD continues its descent ahead of inflation data and next week’s FOMC meeting, which is set to worsen rate differential between the euro and dollar
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bullish contrarian trading bias.
EUR/USD volatility may swell in the coming week ahead of US and Eurozone GDP and CPI data reports. Russo-Ukraine tensions continue to escalate as Mariupol is surrounded.