logo |

資訊

    首頁   >     行業    >     GOLDWELL    >     正文

    GOLDWELL:Daily Market Recap - EURUSD Dollar Stable against the Euro after US GDP

    摘要:The EURUSD hit a two-month high overnight on Wednesday, with the dollar falling slightly following the Fed's rather dovish statement and speech by Jerome Powell regarding the inflation outlook.

    The EURUSD hit a two-month high overnight on Wednesday, with the dollar falling slightly following the Fed's rather dovish statement and speech by Jerome Powell regarding the inflation outlook.

    Indeed, although the FOMC released its statement on Thursday that “indicators of economic activity and employment have strengthened” but that “the synchronized global reopening should lead to upward pressure on prices, but that these price increases will be temporary and one-time and do not constitute an inflationary process”.

    In the face of these comments, investors' expectations for monetary policy normalization have diminished. The probability of at least one rate hike by the end of the year fell from 15% to 14%.

    The Fed decided to keep monetary policy unchanged until the end of the year as expected and forecasts to reduce asset purchases in 2022. A rate hike should be expected around 2023 at the earliest when the labor market has fully recovered to its pre-crisis level and uncertainties are lower.

    Meanwhile, U.S. Gross Domestic Product grew at an annualized rate of 6.4% between January and March, thanks in part to strong consumer spending on goods, according to the U.S. Commerce Department's first estimate released Thursday. This increase, in line with expectations, is higher than the +4.3% of the fourth quarter of 2020.

    From a technical perspective, the EURUSD last night broke above its bearish oblique, which passed through the January and February highs. The breakout from this oblique is a signal that theoretically puts an end to the downturn we have been experiencing since the beginning of the year. That said the strong U.S. GDP figures have somewhat muddled the bullish trend late in the session.

    image.png

    (Chart Source: Tradingview 29.04.2021)

    Looking ahead, the EURUSD could continue to rise until it reaches its high for the year at $1.2350, and then possibly new highs. However, the bullish outlook would be invalidated if it were to fall below yesterday's low of $1.2050.

    Disclaimer: This material has been created for information purposes only. All views expressed in this document are my own and do not necessarily represent the opinions of any entity.

    Hong Kong Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    當前匯率  :
    --
    請輸入金額
    Hong Kong Dollar
    可兌換金額
    -- United States Dollar
    風險提示

    外匯天眼資料均來自各國外匯監管機構的官方資料,如英國FCA、澳大利亞ASIC等,所公佈的內容亦均以公正、客觀和實事求是為宗旨,不向外匯交易平臺收取公關費、廣告費、排名費、資料清洗費等灰色費用。外匯天眼會盡最大努力保持我方資料與各監管機構等權威資料方資料的一致及同步性,但不承諾與其即時保持一致和同步。

    鑑於外匯行業的錯綜複雜,不排除有個別外匯交易商通過欺騙手段獲得監管機構的合法註冊。如WikiFX所公佈數據與實際情況有不符之處,請通過WikiFX“投訴”和“糾錯”功能,向我們提出,我們將及時進行核實查證,並公佈相關結果。

    外匯、貴金屬和差價合約(OTC場外交易)是槓桿產品,存在較高的風險,可能會導致虧損您的投資本金,請理性投資。

    特別提示,外匯天眼所列資訊僅供參考,不構成投資建議。外匯平臺由客戶自行選擇,平臺操作帶來的風險,與外匯天眼無關,客戶需自行承擔相關後果和責任。