SniperFx

Archives

  • March 2023
  • February 2023
  • January 2023
  • September 2022
  • August 2022
  • January 2022
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Analysis
  • Bonds
  • COVID
  • Crypto
  • Forex
  • Forex Trading
  • Ideas
  • Investing
  • Stocks
  • Uncategorized
  • World
  • Home
  • Forex
  • Crypto
  • Contact
0 Likes
0 Followers
0 Followers
Subscribe
SniperFx
SniperFx
  • Bonds
  • Crypto
  • COVID
  • Forex
    • Forex Trading
  • Ideas
  • Investing
  • Stocks
  • World

EURUSD At risk of breaking below 1.05 if concerns over Credit Suisse are not resolved quickly – MUFG

  • admin
  • March 16, 2023
  • 1 minute read
Total
0
Shares
0
0
0

For most of the past month, the EUR had been grinding lower against the USD resulting in the pair moving toward the bottom of the year-to-date range between 1.0500 and 1.1000. A move under 1.0500 could be witnessed on renewed fears over Credit Suisse collapsing, economists at MUFG Bank report.

Price action in EUR/USD to prove more volatile in the month ahead

“The pair is at risk of breaking below 1.0500 in the near-term if concerns over the health of Credit Suisse are not resolved quickly.”

“We had been assuming that the ECB would follow through on their guidance from their last policy meeting to deliver another larger 50 bps hike but that is no longer a done deal. The heightened concerns over the health of the banking sector could make the ECB more cautious over continuing to deliver large hikes. The fundamental case for further hikes is still in place though with core inflation surprising to the upside at the start of this year, the Eurozone economy avoiding recession, and the ECB lagging behind in the current tightening cycle leaving more room for rates to rise further.”

Total
0
Shares
Share 0
Tweet 0
Pin it 0
admin

Previous Article

FDIC asked Signature buyers to stop all crypto business Report

  • admin
  • March 16, 2023
View Post
Next Article

EURGBP recovers further from two-month low set on Wednesday, retakes 0.8800 ahead of ECB

  • admin
  • March 16, 2023
View Post
You May Also Like
View Post
  • Forex

EURUSD Seen at 1.05 in three months – Rabobank

  • admin
  • March 25, 2023
View Post
  • Forex

GBPUSD A test of 1.25 in the coming days is looking quite likely – ING

  • admin
  • March 23, 2023
View Post
  • Forex

EURUSD extends the rally and flirts with 1.0800 ahead of Fed

  • admin
  • March 22, 2023
View Post
  • Forex

NZDUSD NZ’s remoteness to instability still makes it one of the “cleaner dirty shirts” – ANZ

  • admin
  • March 21, 2023
View Post
  • Forex

AUDUSD to remain below the 0.68 mark over the coming months – Danske Bank

  • admin
  • March 20, 2023
View Post
  • Forex

BoE A 25 bps next week not fully priced in interest rate markets – Rabobank

  • admin
  • March 18, 2023
View Post
  • Forex

USDCHF pulls back amid improved sentiment on Credit Suisse front

  • admin
  • March 17, 2023
View Post
  • Forex

EURUSD faces a solid support around 1.0470 – UOB

  • admin
  • March 16, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Trump warns of ‘death & destruction’ if charged with a crime
  • Britain’s John Lewis has lost its soul, says Mary Portas
  • Dan Gambardello: ADA Could Spike as Cardano Hits 4M Wallets
  • USDCAD Potential downsides
  • AUDUSD drops to over one-week low, below mid-0.6600s amid broad-based USD strength

Recent Comments

No comments to show.
Featured Posts
  • 1
    Trump warns of ‘death & destruction’ if charged with a crime
    • March 25, 2023
  • 2
    Britain’s John Lewis has lost its soul, says Mary Portas
    • March 25, 2023
  • 3
    Dan Gambardello: ADA Could Spike as Cardano Hits 4M Wallets
    • March 25, 2023
  • 4
    USDCAD Potential downsides
    • March 25, 2023
  • 5
    AUDUSD drops to over one-week low, below mid-0.6600s amid broad-based USD strength
    • March 25, 2023
Recent Posts
  • EURUSD Seen at 1.05 in three months – Rabobank
    • March 25, 2023
  • NFT investor accidentally burns $135K CryptoPunk trying to borrow money
    • March 25, 2023
  • N.B. to end COVID-19 PCR testing for most people April 1, memo reveals
    • March 25, 2023
Categories
  • Analysis (8)
  • Bonds (47)
  • COVID (73)
  • Crypto (65)
  • Forex (81)
  • Forex Trading (46)
  • Ideas (46)
  • Investing (46)
  • Stocks (89)
  • Uncategorized (40)
  • World (195)
SniperFx
  • Home
  • Forex
  • Crypto
  • Contact
Forex & Crypto Updates

Input your search keywords and press Enter.