The break last week above an important resistance has boosted hopes of a fresh leg higher in EUR/USD. However, it may be premature to conclude an unambiguously bullish view just yet.
The European Central Bank and the US Federal Reserve delivered the widely expected rate hikes this month with a dovish tilt, with both central banks underscoring a data-dependent approach in the future.
However, financial markets are pricing in roughly two more rate hikes by the ECB by September, compared with no more rate hikes by the Fed on the view that tightened US financial conditions via reduced credit availability would compensate for rate hikes.
Whether the impact of the tightening of lending standards is large or small (hence overcompensates or under compensates for rate hikes) would be important for the dollar’s trend. If the actual tightening from lending conditions isn’t as large as some expect, the US dollar could benefit as the focus would shift back to Fed rate hikes.
In this regard, the Fed’s H.8 banking data, an estimate of the weekly aggregate balance sheet of the US banking system, due on Friday, will be closely watched. Analysts note the H.8 data released last Friday showed a significant shift in deposits from small to large banks and the first outright decline in small banks’ deposits in nearly four decades. Any signs that liquidity strains have been contained could support USD.
Furthermore, the relative macro data is USD supportive: the US Economic Surprise Index continues to run around a 10-month high. In comparison, Euro area data have been less upbeat – the Economic Surprise Index is still in positive territory but has retreated since the beginning of February.
On technical charts, EUR/USD’s rebound from near-strong support at the January low of 1.0480, coinciding with the 89-day moving average, confirms that the broader trend remains up (a break below would have disrupted the higher-top-higher-bottom pattern since September). The subsequent break above the hurdle at the mid-March high of 1.0800 confirms that the immediate downward pressure has reduced.
However, the resistance break wasn’t accompanied by strong momentum, suggesting that EUR/USD could be tough to break above the early February high of 1.1035. At the same time, prospects of additional ECB tightening could cushion the euro’s downside. In sum, there is a chance that the pair could hover in a 1.0500-1.1000 in the near term.
This Post Has 121 Comments
Hello! I just wanted to ask if you ever have any issues with hackers?
My last blog (wordpress) was hacked and I ended up losing months of hard work due to no
data backup. Do you have any methods to prevent hackers?
my blog; can you buy prodentim in stores
I just couldn’t leave your site prior to suggesting that I extremely enjoyed the usual info a person provide
to your visitors? Is gonna be back ceaselessly to inspect new posts
Also visit my webpage :: david lewis eye doctor
I know this web page gives quality based content and additional material, is there any other web site which presents these kinds
of things in quality?
Check out my web site lottery powerball
But wanna remark on few general things, The website pattern is perfect, the content material is rattling wonderful. “Crime does not pay … as well as politics.” by Alfred E. Newman.
Great article. I’m facing many of these issues as well..
Also visit my blog … is phenq the same as phentermine
Hi there mates, pleasant piece of writing and good arguments commented here, I am really enjoying by these.
Feel free to visit my webpage :: the genius wave reviews and complaints
It’s awesome in support of me to have a website, which is
valuable for my know-how. thanks admin
Here is my page the genius wave
Useful info. Fortunate me I discovered your website by chance,
and I am surprised why this accident did not happened
in advance! I bookmarked it.
Here is my web page fitspresso testimonials
Some genuinely wonderful information, Glad I noticed this. “The Diplomat sits in silence, watching the world with his ears.” by Leon Samson.
Hey there would you mind stating which blog platform you’re working with? I’m planning to start my own blog in the near future but I’m having a hard time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design seems different then most blogs and I’m looking for something unique. P.S My apologies for getting off-topic but I had to ask!
Greetings from Carolina! I’m bored to tears at work so I decided
to check out your site on my iphone during lunch break.
I really like the information you present here and can’t wait to take a look when I get
home. I’m surprised at how fast your blog loaded on my phone ..
I’m not even using WIFI, just 3G .. Anyhow, amazing blog!
Here is my blog post: alpha bites supplement
hello!,I like your writing very a lot! percentage we keep in touch extra approximately your post on AOL?
I need a specialist in this space to resolve my
problem. Maybe that’s you! Looking ahead to see you.
Check out my site: billionaire brain wave
I was recommended this blog via my cousin. I am no longer sure whether or not
this put up is written via him as nobody else realize such specific approximately my trouble.
You’re wonderful! Thanks!
My web site: sugar defender
What’s Happening i am new to this, I stumbled upon this
I’ve discovered It positively useful and it has aided me out
loads. I’m hoping to contribute & help other users like its
helped me. Good job.
My blog provadent review scam
I intended to compose you a bit of observation to finally give thanks over again with your gorgeous methods you have discussed above. It’s simply seriously generous of you in giving publicly just what most people could possibly have advertised as an ebook in order to make some money for themselves, particularly given that you could have tried it if you ever considered necessary. These inspiring ideas also served like a good way to understand that many people have the same zeal much like my own to realize a good deal more with regard to this problem. I believe there are several more pleasurable periods ahead for many who find out your blog. tonic greens
You have made some good points there. I checked on the net
to learn more about the issue and found
most individuals will go along with your views
on this website.
My web page is lung clear pro legit
I’m extremely impressed together with your writing
talents and also with the layout in your weblog. Is this a paid subject or did you customize it your
self? Anyway keep up the excellent high quality writing, it is uncommon to look a great blog like this one today..
my blog post :: does tonic greens cure herpes
Thank you, I’ve recently been searching for information approximately this subject for ages and yours is the best I have discovered so far.
However, what concerning the bottom line? Are you certain in regards to the supply?
Feel free to visit my blog post :: lipozem
Nice blog! Is your theme custom made or did you download
it from somewhere? A design like yours with a few simple tweeks would really make my blog
shine. Please let me know where you got your design. Thanks
my web page :: clear lung pro
It’s going to be finish of mine day, however before ending I am reading this great post to increase my experience.
My site: slim boost tea reviews
Quality content is the key to attract the viewers to pay
a visit the web page, that’s what this website is providing.
Feel free to visit my homepage; item653427465
Saved as a favorite, I really like your web site!
Here is my blog post … tonic greens
I am actually thankful to the holder of this web site who
has shared this wonderful paragraph at here.
My web-site :: Subscribe
Hi, after reading this remarkable paragraph i am also delighted to share my familiarity here with colleagues.
Feel free to visit my website Is Ultra K9 Pro Safe
Every weekend i used to go to see this web site, because
i wish for enjoyment, for the reason that this this web site conations really good funny information too.
Feel free to surf to my web site :: prodentim reviews
I have been browsing online greater than 3 hours nowadays,
but I never found any attention-grabbing article like yours.
It’s beautiful worth enough for me. In my opinion, if all website
owners and bloggers made excellent content as you did, the internet
will probably be a lot more helpful than ever before.
Feel free to visit my homepage … lottery defeater software login
Fastidious respond in return of this question with solid arguments and telling everything concerning that.
my web site – lung clear pro reviews
Great post.
My blog … testoprim d dosage
Hello there, You’ve done a fantastic job. I will definitely digg it and personally suggest to my friends.
I’m confident they’ll be benefited from this web site.
Also visit my blog – testoprim-d efectos secundarios
Appreciation to my father who stated to me regarding this weblog, this blog
is actually amazing.
Take a look at my blog post … the billionaire brain wave program
You really make it seem so easy with your presentation but I find this matter to be actually something that I think I would never understand.
It seems too complicated and very broad for me. I am looking forward for
your next post, I’ll try to get the hang of it!
My webpage – pronerve 6 reviews
Since the admin of this web site is working, no question very rapidly it will be well-known, due to its
feature contents.
my web page: is fitspresso legit
Right here is the perfect web site for anyone who would like to understand
this topic. You realize so much its almost tough to argue with you (not that I really will need to…HaHa).
You definitely put a brand new spin on a topic that’s been written about for years.
Great stuff, just great!
Also visit my web blog … provadente
If some one wants expert view about running a blog then i propose him/her to go to see
this blog, Keep up the fastidious work.
Here is my web-site :: lottery defeater software
I love the efforts you have put in this, thank you for all the great content.
WOW just what I was looking for. Came here by searching for
lottery defeater software free
Also visit my homepage: free lottery defeater software reviews
What’s up everyone, it’s my first go to see at this web page, and article is
truly fruitful for me, keep up posting these types of articles.
Feel free to surf to my website … fitspresso video
Very descriptive article, I liked that a lot. Will there be a part 2?
Here is my homepage reviews on the growth matrix
I just couldn’t leave your website prior to suggesting that I actually loved the standard information a person provide on your guests?
Is going to be again regularly to check up on new posts
my blog tonic greens near me
Excellent blog here! Also your website loads up fast! What host are
you using? Can I get your affiliate link to your host? I wish
my site loaded up as quickly as yours lol
my blog post :: prodentim review scam
This website really has all of the information I needed about this subject and didn’t know who to ask.
Feel free to visit my homepage – free lottery defeater software reviews
There’s definately a great deal to learn about this subject.
I like all of the points you made.
Here is my web blog … is herpesyl a scam
Wonderful blog! I found it while surfing around on Yahoo
News. Do you have any suggestions on how to get listed in Yahoo News?
I’ve been trying for a while but I never seem
to get there! Many thanks
Also visit my web site: lottery defeater software apk
Greetings from California! I’m bored to tears
at work so I decided to check out your site on my iphone during lunch break.
I enjoy the knowledge you provide here and can’t wait to
take a look when I get home. I’m surprised at how fast your
blog loaded on my phone .. I’m not even using WIFI, just 3G ..
Anyways, excellent site!
Feel free to surf to my page … can i use clear lungs with proair
Good day! Do you know if they make any plugins to protect against hackers?
I’m kinda paranoid about losing everything I’ve worked hard on. Any recommendations?
My blog post – lottery defeated software free
Keep working ,great job!
I am curious to find out what blog platform you’re working with? I’m experiencing some small security problems with my latest website and I would like to find something more safe. Do you have any recommendations?
Hi would you mind letting me know which hosting company you’re working with? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot faster then most. Can you suggest a good web hosting provider at a fair price? Cheers, I appreciate it!
Along with almost everything that appears to be building within this particular area, many of your viewpoints are somewhat exciting. However, I beg your pardon, but I can not subscribe to your entire plan, all be it exhilarating none the less. It would seem to us that your opinions are generally not completely justified and in simple fact you are your self not fully convinced of your point. In any event I did take pleasure in reading it.
I needed to post you that very little remark to give thanks yet again with your pleasing tricks you have featured on this website. It has been pretty open-handed with people like you to convey without restraint just what many individuals would’ve offered as an e-book to end up making some money on their own, certainly considering the fact that you could possibly have done it if you ever decided. The principles likewise served to be a fantastic way to recognize that many people have the same dreams the same as my personal own to find out whole lot more on the topic of this condition. I know there are thousands of more pleasant occasions up front for people who scan through your site. <a href="
I intended to draft you this bit of observation just to say thanks a lot the moment again for your splendid secrets you’ve featured on this page. This has been so seriously open-handed with you to deliver openly precisely what many individuals would have made available for an ebook to help with making some profit for themselves, chiefly considering the fact that you might well have tried it in the event you decided. The creative ideas also worked to become good way to fully grasp that most people have a similar interest the same as my personal own to learn a whole lot more regarding this condition. I am sure there are millions of more pleasurable opportunities ahead for many who find out your website. prodentim
Very good written information. It will be supportive to everyone who usess it, as well as me. Keep up the good work – for sure i will check out more posts.
Thanks for another informative blog. Where else could I get that kind of information written in such an ideal way? I’ve a project that I am just now working on, and I have been on the look out for such information.
I was looking through some of your posts on this internet site and I think this site is very informative ! Retain posting.
I needed to put you a bit of note to help say thanks over again regarding the breathtaking tips you’ve provided at this time. It’s really strangely generous of people like you to convey unreservedly all that most of us might have advertised for an electronic book to earn some profit for their own end, notably seeing that you could have done it in case you desired. Those good ideas also acted to become fantastic way to realize that many people have the identical interest like mine to grasp great deal more with regard to this condition. I’m certain there are some more pleasurable moments up front for individuals who see your blog. provadent reviews
I needed to compose you one bit of note just to say thanks a lot again for those fantastic guidelines you’ve contributed on this page. This is simply generous of you to deliver openly what exactly most of us could possibly have supplied as an e book to earn some money on their own, chiefly now that you could possibly have tried it in the event you decided. The concepts additionally acted as the easy way to realize that some people have similar zeal much like mine to see very much more related to this issue. I’m certain there are many more fun times ahead for many who check out your website. alphabites
I needed to write you a tiny word in order to give thanks over again for these incredible concepts you have discussed on this website. It is quite tremendously generous of you to provide unreservedly what a few people would have sold as an electronic book in making some money on their own, notably now that you might have done it if you considered necessary. Those good ideas additionally acted to become a fantastic way to realize that other people online have a similar dreams just as my own to figure out very much more on the topic of this problem. I am certain there are thousands of more fun moments up front for people who browse through your blog. nitric boost ultra
Needed to put you a very small note to finally thank you very much as before over the magnificent secrets you’ve discussed on this website. It is simply generous with people like you to grant freely all a lot of people could have supplied as an e-book to end up making some dough for their own end, especially since you might have done it if you ever wanted. The basics as well worked like a great way to recognize that most people have the same desire like my very own to realize somewhat more with regard to this issue. I’m certain there are lots of more pleasurable periods ahead for many who start reading your website. sight care
I intended to post you one little note to thank you so much again about the beautiful tips you have shared in this case. It has been quite surprisingly open-handed of you to grant without restraint what most people would’ve supplied as an e book to get some bucks for themselves, principally now that you could have tried it in the event you wanted. Those ideas additionally worked to become good way to know that many people have the same dream the same as my very own to know much more pertaining to this condition. I think there are a lot more pleasant occasions ahead for many who scan through your site. tonic greens reviews
I wanted to write you this bit of word just to say thanks a lot once again with the precious solutions you have featured on this website. It has been simply pretty generous of people like you giving unhampered exactly what numerous people might have distributed for an ebook to help make some money on their own, most notably seeing that you could possibly have done it if you ever considered necessary. The suggestions also worked to be the great way to be certain that most people have similar keenness much like my personal own to find out very much more regarding this matter. I am certain there are some more fun instances ahead for individuals that see your blog. tonic greens reviews
I wanted to draft you that little bit of remark just to give thanks the moment again for your personal nice secrets you have shared on this page. It was strangely generous with you to present extensively all a number of us might have sold for an electronic book to earn some profit for their own end, certainly considering that you could possibly have done it if you ever decided. These basics likewise served to provide a great way to fully grasp other individuals have a similar interest just as mine to grasp a lot more on the topic of this issue. I’m sure there are lots of more pleasurable situations ahead for folks who looked at your website. hempsmart cbd oil
Needed to write you one very little word to finally thank you so much once again about the incredible tricks you’ve contributed in this case. It’s simply shockingly open-handed with you to allow unreservedly all that a few individuals would have offered for sale for an e book to help with making some dough for their own end, certainly given that you might well have tried it in case you desired. These advice in addition acted as the fantastic way to realize that some people have similar zeal like my personal own to figure out significantly more around this issue. Certainly there are millions of more pleasant times up front for individuals that read your blog. lottery defeated reviews
I wanted to put you this very little observation to say thanks over again on your incredible ideas you have documented on this page. This has been particularly generous of you to supply publicly just what a number of us would’ve distributed as an e-book to end up making some dough for themselves, specifically now that you could possibly have done it if you ever desired. Those guidelines as well acted like a easy way to understand that other people have a similar dreams like my personal own to understand a whole lot more when considering this issue. I think there are several more enjoyable moments in the future for people who discover your site. boostaro reviews
I simply could not leave your web site prior to suggesting that I really loved the standard information an individual supply for your visitors? Is gonna be again frequently in order to inspect new posts.
Needed to write you that very small note to finally say thanks a lot over again considering the unique opinions you have shared above. It is simply wonderfully open-handed of people like you to provide extensively all many people might have offered as an ebook to help with making some profit on their own, and in particular given that you might have done it if you ever wanted. Those advice also served to be the fantastic way to be aware that some people have a similar desire just like my very own to find out significantly more with regard to this issue. I’m sure there are millions of more enjoyable occasions in the future for individuals that looked over your website. phenq
I needed to post you this tiny observation in order to thank you over again for the extraordinary tips you have contributed in this article. It has been really strangely generous of you to grant easily precisely what numerous people could possibly have marketed for an e book to end up making some dough for their own end, particularly considering the fact that you could possibly have done it in case you considered necessary. The tricks in addition worked to be the fantastic way to understand that many people have similar desire just like my very own to grasp whole lot more in regard to this matter. I believe there are several more enjoyable moments ahead for individuals who look over your website. sumatra slim belly tonic
I was reading some of your content on this site and I conceive this web site is really informative! Retain putting up.
I have not checked in here for a while because I thought it was getting boring, but the last several posts are good quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂
It’s really a cool and useful piece of information. I am glad that you just shared this helpful info with us. Please keep us up to date like this. Thanks for sharing.
I’m impressed, I must say. Actually hardly ever do I encounter a blog that’s both educative and entertaining, and let me let you know, you could have hit the nail on the head. Your idea is excellent; the difficulty is something that not sufficient people are talking intelligently about. I am very happy that I stumbled across this in my search for one thing relating to this.
Appreciate it for this post, I am a big fan of this website would like to go along updated.
It¦s actually a great and helpful piece of info. I am satisfied that you just shared this helpful information with us. Please stay us informed like this. Thanks for sharing.
Good web site! I truly love how it is easy on my eyes and the data are well written. I am wondering how I might be notified when a new post has been made. I’ve subscribed to your feed which must do the trick! Have a nice day!
I am incessantly thought about this, regards for posting.
Howdy! I know this is kinda off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had problems with hackers and I’m looking at options for another platform. I would be awesome if you could point me in the direction of a good platform.
Great post. I am facing a couple of these problems.
I too conceive therefore, perfectly pent post! .
Lovely website! I am loving it!! Will come back again. I am taking your feeds also.
Lottery Defeater Software: What is it? Lottery Defeater Software is a completely automated plug-and-play lottery-winning software. The Lottery Defeater software was developed by Kenneth.
Hiya, I am really glad I have found this info. Today bloggers publish only about gossips and web and this is actually frustrating. A good site with exciting content, this is what I need. Thanks for keeping this site, I’ll be visiting it. Do you do newsletters? Can’t find it.
naturally like your web site but you need to check the spelling on quite a few of your posts. Many of them are rife with spelling problems and I find it very bothersome to tell the truth nevertheless I will surely come back again.
you have a great blog here! would you like to make some invite posts on my blog?
I like this web site so much, bookmarked. “I don’t care what is written about me so long as it isn’t true.” by Dorothy Parker.
great put up, very informative. I wonder why the opposite specialists of this sector do not realize this. You must continue your writing. I’m confident, you have a huge readers’ base already!
An interesting discussion is worth comment. I think that you should write more on this topic, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers
What is Sugar Defender 24? Jeffrey Mitchell made the Sugar Defender 24. It is a product (Sugar Defender Diabetes) that helps your blood sugar health.
What’s Happening i am new to this, I stumbled upon this I have found It absolutely useful and it has helped me out loads. I hope to contribute & help other users like its helped me. Good job.
Thanks for the sensible critique. Me and my neighbor were just preparing to do some research on this. We got a grab a book from our local library but I think I learned more from this post. I am very glad to see such fantastic information being shared freely out there.
I’m still learning from you, but I’m trying to reach my goals. I definitely love reading everything that is written on your website.Keep the information coming. I loved it!
Its great as your other posts : D, regards for posting.
It is really a nice and useful piece of information. I’m glad that you shared this useful info with us. Please keep us informed like this. Thank you for sharing.
What is Aizen Power? Aizen Power is an all-natural supplement to improve overall male health.
What Is FitSpresso? FitSpresso is a natural weight loss supplement that alters the biological cycle of the body to burn more calories and attain a slim and healthy body
What Is Exactly Emperor’s Vigor Tonic? Emperor’s Vigor Tonic is a clinically researched natural male health formula that contains a proprietary blend of carefully selected ingredients.
whoah this blog is fantastic i love reading your articles. Keep up the great work! You know, a lot of people are looking around for this information, you can help them greatly.
hi!,I like your writing very much! share we communicate more about your article on AOL? I require an expert on this area to solve my problem. May be that’s you! Looking forward to see you.
I was recommended this blog by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my problem. You are amazing! Thanks!
Good day! I know this is kinda off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!
Prodentim: What is it? Some of the finest and highest quality ingredients are used to produce Prodentim, an oral health supplement
Heya! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no backup. Do you have any solutions to protect against hackers?
great issues altogether, you just won a emblem new reader. What could you recommend about your publish that you just made some days in the past? Any sure?
You could certainly see your enthusiasm in the work you write. The arena hopes for more passionate writers such as you who are not afraid to say how they believe. Always follow your heart.
Very interesting topic, appreciate it for posting.
I’ve been absent for some time, but now I remember why I used to love this website. Thank you, I?¦ll try and check back more frequently. How frequently you update your web site?
Hello, Neat post. There’s an issue with your site in internet explorer, may test this… IE nonetheless is the marketplace leader and a big section of folks will omit your magnificent writing because of this problem.
excellent publish, very informative. I wonder why the opposite specialists of this sector don’t understand this. You should proceed your writing. I am confident, you have a huge readers’ base already!
You made some clear points there. I looked on the internet for the subject matter and found most persons will agree with your website.
I believe this web site has some real fantastic information for everyone : D.
Very interesting topic, appreciate it for posting.
It’s hard to find knowledgeable people on this topic, but you sound like you know what you’re talking about! Thanks
Very interesting info !Perfect just what I was looking for! “I have a hundred times wished that one could resign life as an officer resigns a commission.” by Robert Burns.
As I website possessor I conceive the articles here is really great, appreciate it for your efforts.
I’ve been absent for a while, but now I remember why I used to love this web site. Thanks, I will try and check back more often. How frequently you update your site?
I have recently started a web site, the information you offer on this web site has helped me tremendously. Thank you for all of your time & work.
Really instructive and superb body structure of content, now that’s user pleasant (:.
I enjoy the efforts you have put in this, thankyou for all the great articles.
Great write-up, I’m normal visitor of one’s site, maintain up the nice operate, and It is going to be a regular visitor for a long time.
I discovered your weblog web site on google and test a few of your early posts. Proceed to keep up the superb operate. I just extra up your RSS feed to my MSN News Reader. In search of ahead to reading extra from you in a while!…
obviously like your web site but you have to check the spelling on quite a few of your posts. Many of them are rife with spelling problems and I to find it very troublesome to inform the reality nevertheless I will definitely come again again.
I do agree with all the ideas you’ve presented in your post. They are really convincing and will certainly work. Still, the posts are too short for novices. Could you please extend them a bit from next time? Thanks for the post.
Keep functioning ,great job!