EUR/USD: the euro in equilibrium at parity before the NFP

The EUR/USD dithers around the parity while waiting for the publication of the NFP EUR/USD price ended lower yesterday under pressure from better than expected US economic data. The euro is back to test its recent lows, continuing its seesaw movement around the parity threshold. The US ISM manufacturing index came out unchanged in August, … Read more

EUR/GBP: the euro jumps as ECB tightening accelerates

EUR/GBP picks up on potential acceleration of ECB tightening The price of EUR/GBP has jumped since Friday, the euro having regained more than 1% against the British pound against a backdrop of a narrowing of the interest rate differential between the euro zone and the United Kingdom. The spread between the German 2-year rate and … Read more

The euro has officially returned to parity against the dollar for the first time since 2002, but could soon rebound.

The EUR/USD could regain height from the parity threshold In terms of technical analysis, the underlying trend is unquestionably bearish, but the configuration seems to be turning more and more in favor of short-term buyers since the EUR/USD has returned to a major support at parity, but also below the descending channel in which it … Read more