Tag: euro

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Does Trump want to create a more independent Europe for the sake of competition for the dollar?

In its quarterly report to Congress regarding its foreign exchange operations for the second quarter of 2025, the Federal Reserve and the U.S. Treasury reported that there was no intervention in the foreign exchange markets. The U.S. dollar, as measured by its broad-weighted dollar index, depreciated 5.6%. Cumulatively, the dollar has depreciated 7.5% since the … Continue reading Does Trump want to create a more independent Europe for the sake of competition for the dollar?

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As Trump meets with von der Leyen, is he really looking for a weakened USD?

According to a news report in Reuters, European Commission President Ursula von der Leyen is set to meet U.S. President Donald Trump in efforts to hammer out a deal on tariffs and trade. President Trump has threatened a tariff of 30% on items imported into the United States from the European Union and if the … Continue reading As Trump meets with von der Leyen, is he really looking for a weakened USD?

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Binary options snapshot from the NADEX at 12:11 EST

Yesterday, I calculated today’s forward price for the EUR/USD at 1.1210. Reuters reported at 12:11 pm EST a EUR/USD price of 1.1143. The dollar has been strengthening since 9:33 am when the USD was priced at 1.1192, falling slightly to 1.1182 around 11:02 am. (Ready for your next trader challenge? Visit https://traderswithedge.com/?r=348) NADEX at 9:43 … Continue reading Binary options snapshot from the NADEX at 12:11 EST

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The Interbank Markets: Will ECB seek other sources of dollar funding?

The data as of 11:32 EST … Investing.com has calculated a forward rate contract price for EUR/USD on 16 May 2025 at 1.1205. That compares with my back of the napkin forward rate calculation of EUR/USD=1.1210 on Friday. The NADEX is pricing the probability of EUR/USD exceeding 1.1225 at $4.50. At 11:00 am, Reuters priced … Continue reading The Interbank Markets: Will ECB seek other sources of dollar funding?

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EUR/USD, the euro: Europe’s yearning for world war days does not impress me.

Should I bet against the euro? At 1.0959 and not too cheery attitude out of the Eastern Central Bank, maybe I should find a contract and take the sell side. Reuters cited ECB policymaker Isabel Schnabel’s belief that Europe is facing structural headwinds exacerbated by a surge in uncertainty that could get worse with U.S. … Continue reading EUR/USD, the euro: Europe’s yearning for world war days does not impress me.