Market seem to be pricing in ECB being more hawkish than the FEDS. If Thursday core cpi comes out lower that would validate an eur long idea
Changes in overnight interest rates set by central banks, economic data, and politics are the key fundamentals that influence currency pair prices.
Changes in overnight interest rates set by central banks, economic data, and politics are the key fundamentals that influence currency pair prices. Interest rates: It is the responsibility of central banks to ensure monetary and financial stability. By manipulating interest rates, they do this.
Changes in overnight interest rates by central banks, economic data, and politics are the key fundamentals that influence currency pairings. The fundamentals of a stock are the variables assumed to contribute to the underlying company's value or worth as a business.
Basically Gold, the swings are quite pronounced there, also a couple of major drivers affect it (overall risk-aversion in the market, opportunity costs, central bank buying) which means there is less noise