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S3E15: Dollar loses steam after EUR/USD falls below parity

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Manage episode 346451005 series 3413702
Innehåll tillhandahållet av Ebury FX Talk. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Ebury FX Talk eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

We’de like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk
The main talking point has been the move below parity in EUR/USD for the first time since December 2002. The pair teetered on the brink of parity for a couple of sessions, before falling fairly comfortably below it on Thursday. A divergence in natural gas prices across the Atlantic was largely to blame for the move, with last week’s hotter-than-expected US inflation report enough to drive the pair through the key psychological level.

We have, however, seen a recovery in the euro since then, with EUR/USD moving back above the 1.02 level on rising bets in favour of a 50 basis point interest rate hike from the European Central Bank when it meets on Thursday.

Upcoming webinars:
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Tech in finance

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Liked this show? Please leave us a review here – even one sentence helps!

We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk

Liked this show? Please leave us a review here – even one sentence helps!

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93 episoder

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iconDela
 
Manage episode 346451005 series 3413702
Innehåll tillhandahållet av Ebury FX Talk. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Ebury FX Talk eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

We’de like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk
The main talking point has been the move below parity in EUR/USD for the first time since December 2002. The pair teetered on the brink of parity for a couple of sessions, before falling fairly comfortably below it on Thursday. A divergence in natural gas prices across the Atlantic was largely to blame for the move, with last week’s hotter-than-expected US inflation report enough to drive the pair through the key psychological level.

We have, however, seen a recovery in the euro since then, with EUR/USD moving back above the 1.02 level on rising bets in favour of a 50 basis point interest rate hike from the European Central Bank when it meets on Thursday.

Upcoming webinars:
-
Tech in finance

Read our latest blog

Liked this show? Please leave us a review here – even one sentence helps!

We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk

Liked this show? Please leave us a review here – even one sentence helps!

  continue reading

93 episoder

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