Slowing inflation hits the dollar, but not the euro

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Slowing inflation hits the dollar, but not the euro
FxPro | 535 dni temu

The German Producer Price Index was weaker than expected in October, falling 0.1% over the month. The year-on-year rate of decline slowed to 11% in October from a trough of 14.7% in September. A similar reversal was seen in import prices in August-September.

Wholesale and producer price indices lost ground last month, which has the potential to keep consumer prices from rising later in the year.

But here's the interesting thing: the markets are actively betting on weak US inflation, suggesting that rates have peaked, causing the dollar to weaken against its rivals. But equally weak data in Europe, also supported by signs of economic weakness and the Bundesbank's forecast of a shrinking economy until 2024, is not stopping the Euro from rising.

Technically, the EURUSD looks overbought in the short term, but for buyers, the fact that it managed to close above its 200-day average last week looks like another attempt to return to a bullish trend.

By the FxPro Analyst team

Regulacja: FCA (UK), SCB (The Bahamas)
read more
Tariffs Ignite Safe-Haven Rally

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.
Moneta Markets | 3 dni temu
ATFX Market Outlook 6th May 2025

ATFX Market Outlook 6th May 2025

U.S. ISM Services PMI for April indicated accelerated expansion. However, the input prices index surged to its highest level in over two years, highlighting rising inflationary pressures likely stemming from tariffs. U.S. Treasury yields inched higher, while the dollar weakened against major currencies like the euro and yen as markets assessed the ongoing uncertainty surrounding President Trump’s
ATFX | 3 dni temu
ATFX Market Outlook 5th May 2025

ATFX Market Outlook 5th May 2025

Last Friday, the April Nonfarm Payrolls report in the U.S. surpassed expectations, indicating a resilient labor market. However, signs of slowing economic momentum, such as a contraction in Q1 GDP and rising jobless claims, raised concerns about a broader slowdown.
ATFX | 4 dni temu
ATFX Market Outlook 2nd May 2025

ATFX Market Outlook 2nd May 2025

Markets rallied overnight on upbeat sentiment. The U.S. Dollar Index extended gains for a third session, reclaiming the 100 mark to close at 100.18, supported by optimism over trade talks and stronger-than-expected ISM manufacturing data. U.S. Treasury yields climbed across the curve, with the 10-year yield at 4.221% and the 2-year at 3.709%. 
ATFX | 7 dni temu
ATFX Market Outlook 30th April 2025

ATFX Market Outlook 30th April 2025

On Tuesday, President Trump signed an executive order combining tariff credits and duty exemptions for specific auto parts to mitigate the impact of auto tariffs. U.S. stocks rose sharply, with the Dow Jones up 0.75%, the S&P 500 gaining 0.58%, and the Nasdaq climbing 0.55%. The benchmark 10-year U.S.
ATFX | 9 dni temu
ATFX Market Outlook 29th April 2025

ATFX Market Outlook 29th April 2025

The S&P 500 index closed nearly flat on Monday after a choppy session, weighed down by losses in mega-cap stocks. Investors focused on several key drivers, including upcoming significant U.S. corporate earnings and critical economic data. Among the three major U.S. stock indexes, the Dow Jones Industrial Average rose 0.28%, the S&P 500 gained 0.06%, and the Nasdaq Composite slipped 0.1%.  
ATFX | 10 dni temu
Technical Outlook on USDJPY, EURUSD, BTCUSD

Technical Outlook on USDJPY, EURUSD, BTCUSD

USDJPY finds solid footing near familiar support zone; BoJ expected to hold rates steady. EURUSD shifts to the sidelines ahead of Eurozone CPI inflation. BTCUSD returns to bullish path as traders await US GDP, core PCE inflation, and Nonfarm Payrolls.
XM Group | 10 dni temu