EUR/USD OUTLOOK REMAINS NEGATIVE DESPITE RECOVERY

Tina Collins

15 Jan 2025 — 1 min read

EUR/USD OUTLOOK REMAINS NEGATIVE DESPITE RECOVERY

EUR/USD rose above the 1.0300 mark on Tuesday, extending recovery from Monday’s lows near 1.0180-1.0175.

The US Dollar weakened due to tariffs and disappointing US Producer Price Index (PPI) data.

US Dollar Index (DXY) dropped into the low 109.00s, pulling back from Monday’s highs above 110.00.

Investors are cautious ahead of key US data later in the week, including CPI, Retail Sales, and Fed remarks.

Despite the short-term recovery, the overall outlook for EUR/USD remains negative for now.

BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY Bitcoin price stalled at $100,600 on Wednesday, with a 3% daily gain. Demand for Bitcoin has slowed as traders focus on Trump-related tokens and lending protocols. Bitcoin on-chain transactions dropped by 37% in the last three days. The

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS Gold remained near a five-week high on Friday. It is on track for its third consecutive weekly gain. U.S. inflation data increased expectations that the Federal Reserve might cut interest rates this year.

Surprise Fed Statements: March Could See Interest Rate Cut

Federal Reserve Governor Christopher Waller spoke about potential interest rate cuts in 2025. He said December's inflation data was promising, and if trends continue, a rate cut could happen in the first half of the year. A rate cut in March is possible if inflation keeps dropping. Waller

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES Litecoin (LTC) price is trading above $102, up 10% from Monday’s low of $92.5. Whale transactions on Litecoin network surged by 42%, reaching 3,870 on Monday. Litecoin may face a consolidation phase due to declining market volumes. On-chain data shows

Read more

BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

Surprise Fed Statements: March Could See Interest Rate Cut

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES