Created on March 09, 2025 Last Thursday’s rate cut has lowered the ECB deposit rate to 2.5%, its lowest level since December 2022. The central…
EUR/GBP rises sharply to near 0.8400 as the Euro outperforms amid Germany’s debt restructuring plan. The ECB reduced its interest rates by 25 bps on…
EUR/USD posts a fresh year-to-date high above 1.0700 as the US Dollar weakens amid uncertainty over US growth prospects. US President Trump reiterates that reciprocal tariffs…
Retail Sales in Germany rebounded firmly on an annual basis in January. EUR/USD remains depressed in a range below 1.0400. Retail Sales in Germany rebounded…
The US Dollar gathered extra steam and rose to multi-day highs on the back of extra announcement regarding tariffs by President Trump, while some cautious…
EUR/GBP remains under pressure as Germany’s GfK Consumer Confidence Survey dropped to -24.7 for March. The Euro may face further headwinds with the ECB widely…
Gold price holds on to gains on Monday after US yields dropped lower. In Europe, the German Far-Right AfD has gained 20% of votes, though not enough…
The German federal election result yielded the expected shift to the right—a win for the conservative CDU/CSU and gains for the far-right AfD, Scotiabank’s Chief…
The US Dollar is red across the board against most major currencies on Monday. The far-right AfD party cannot book enough seats to claim the…
EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift…