Euro Stuck Near 11‑Week Peak with Dollar in Focus
The euro is holding onto a battle‑scarred position, while the dollar sits just shy of its most recent 11‑week apex. Traders are re‑thinking the ECB’s next moves, hoping for a somewhat gentler monetary stance.
All Eyes on Lagarde’s Statement
- Christine Lagarde is slated to speak next; investors are literally holding their breath for any clues about policy shift.
- The eurozone is wrestling with slowing growth and mounting deficits—any speech that indicates easing would lift the currency.
Treasury Yields Heat Up
Across short‑term and long‑term maturities, U.S. treasury yields have been nudging higher as the market waits for the ECB decision. Expect a reversal or magnified swings once Lagarde’s remarks land.
What’s in the Wallet of Tomorrow?
Where the pair swings in the next few days hinges on the ECB’s maneuvers and a fresh batch of U.S. data—retail sales, industrial output, you name it. Any surprise in those numbers will send the pair into a jittery dance.
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