Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The ECB is fully expected to start cutting interest rates on Thursday while the monthly US NFPs follow the next day.

EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since May 09, 2024 when EUR/USD traded near 1.08.Navigating Volatile Markets: Strategies and Tools for Traders

A week full of potential volatility with the ECB policy meeting and the latest US Jobs Report the highlights for traders looking for volatility. While the ECB will cut rates by 25 basis points, will ECB President Christine Lagarde signal the timing of the next cut? Markets suggest that the secondmay be announced at the September 12th meeting but the October 17th is now seen as more likely. The ECB post-decision press conference will need to be parsed closely.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 305. in ERROR

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PCE data ahead this week, ECB's rate path in focus - what's moving marketsPCE data ahead this week, ECB's rate path in focus - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »

Markets Week Ahead: Markets Risk-On, BoE Decision, Gold, Nasdaq, BitcoinRisk markets regained all their early losses this week and continue to press higher. A benign FOMC and a weak US Jobs Report boosted markets going into the weekend.
Source: DailyFX - 🏆 305. / 63 Read more »

FX weekly — DXY and 14 currency pair levels and targetsCurrency markets this week trade by ranges and the same exact range points as last week.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Asia markets are mostly lower as investors assess comments from ECB officials, Aussie sales dataAustralia’s retail sales for April rose 0.1% month over month, while Japan’s services producer price index rose 2.8% year on year in April.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Asia markets mixed after ECB officials hint at rate cut, Australia retail sales riseAustralia’s retail sales for April rose 0.1% month over month, while Japan’s services producer price index rose 2.8% year on year in April.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Asia markets range bound as ECB officials hint at rate cut, Australia retail sales on deckAustralia’s retail sales for April will be released today, as well as numbers for Japan’s services producer price index.
Source: NBCNewYork - 🏆 270. / 63 Read more »