EUR Daily Review for June 13, 2018
|Chinese smartphone maker Xiaomi is opening stores in France and Italy as it pushes into Europe ahead of a highly anticipated IPO.|
|Euro is up more than 2% off the yearly low with the FOMC & ECB rate decisions on tap. Here are the targets & invalidation|
|The next few days bring a heavy slate of event risk, as a widely-expected rate hike from the Federal Reserve leads into ECB and BoJ|
|The next few days brings the potential for heightened volatility across FX markets, as tomorrow’s Fed meeting leads into Thursday morning’s ECB rate decision.|
|Updates to the U.S. Consumer Price Index (CPI) may sap the near-term rebound in EUR/USD as the headline and core reading for inflation are projected|
|The EUR/USD pair rallied a bit during the trading session on Tuesday, only to turn around near the 1.18 level. This was exacerbated as Jerome Powell has sugg…|
Have a nice trading!