{"id":10420,"date":"2024-02-20T09:18:32","date_gmt":"2024-02-20T09:18:32","guid":{"rendered":"https:\/\/www.vtmarkets.net\/?p=10420"},"modified":"2025-02-22T08:11:31","modified_gmt":"2025-02-22T08:11:31","slug":"forex-market-analysis-euros-downtrend-and-us-market-inactivity-amid-economic-shifts","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.net\/pl\/analysis\/forex-market-analysis-euros-downtrend-and-us-market-inactivity-amid-economic-shifts\/","title":{"rendered":"Forex Market Analysis: Euro&#8217;s Downtrend and US Market Inactivity Amid Economic Shifts"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\"><strong><u>CURRENCIES:<\/u><\/strong><\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Top of FormEuro&#8217;s Minor Decline<\/strong>: In a holiday-affected market, the Euro slightly dropped against the US Dollar.<\/li>\n\n\n\n<li><strong>Persistent Downtrend:&nbsp;<\/strong>The Euro continues its year-long downtrend.<\/li>\n\n\n\n<li><strong>Anticipation for German PMI:&nbsp;<\/strong>Market eyes are on Germany&#8217;s PMI data release this week, which could influence movement.<\/li>\n\n\n\n<li><strong>US Market Closure:&nbsp;<\/strong>The US market was mostly inactive due to Presidents\u2019 Day, with significant trading expected to resume later in the week.<\/li>\n\n\n\n<li><strong>Upcoming Fed Minutes:&nbsp;<\/strong>Federal Reserve&#8217;s last meeting minutes are due Wednesday, potentially impacting market despite shifted rate-cut expectations to June.<\/li>\n\n\n\n<li><strong>German Economic Indicator:&nbsp;<\/strong>Thursday&#8217;s German Purchasing Managers Index (PMI) is forecasted to show continued manufacturing contraction, potentially affecting the Euro.<\/li>\n\n\n\n<li><strong>ECB&#8217;s Rate Decision:\u00a0<\/strong>High interest rates remain as the European Central Bank (ECB) awaits clearer signs of inflation control, with no immediate rate cuts expected.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong><u>STOCK MARKET:<\/u><\/strong><\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Earnings: Barclays (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/BCS\" target=\"_blank\" rel=\"noreferrer noopener\"><em>BCS<\/em><\/a><em>), Caesars Entertainment (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/CZR\" target=\"_blank\" rel=\"noreferrer noopener\"><em>CZR<\/em><\/a><em>), Diamondback Energy (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/FANG\" target=\"_blank\" rel=\"noreferrer noopener\"><em>FANG<\/em><\/a><em>), Home Depot (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/HD\" target=\"_blank\" rel=\"noreferrer noopener\"><em>HD<\/em><\/a><em>), KBR (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/KBR\" target=\"_blank\" rel=\"noreferrer noopener\"><em>KBR<\/em><\/a><em>), Medtronic (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/MDT\" target=\"_blank\" rel=\"noreferrer noopener\"><em>MDT<\/em><\/a><em>), Palo Alto Networks (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/PANW\" target=\"_blank\" rel=\"noreferrer noopener\"><em>PANW<\/em><\/a><em>), Teladoc Health (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/TDOC\" target=\"_blank\" rel=\"noreferrer noopener\"><em>TDOC<\/em><\/a><em>), Toll Brothers (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/TOL\" target=\"_blank\" rel=\"noreferrer noopener\"><em>TOL<\/em><\/a><em>), Walmart (<\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/WMT?.tsrc=fin-srch\" target=\"_blank\" rel=\"noreferrer noopener\"><em>WMT<\/em><\/a><em>)<\/em>.<\/li>\n\n\n\n<li><em>Economic news: Philadelphia Fed Non-Manufacturing Activity, February (-3.7 previously); Leading index, January (-0.3% expected, -0.1% prior)<\/em>.<\/li>\n\n\n\n<li>Nvidia&#8217;s Earnings Report: Nvidia&#8217;s earnings, significant for its AI leadership, are set for release on Wednesday, marking a pivotal moment in a shortened trading week due to the Presidents&#8217; Day holiday.<\/li>\n\n\n\n<li>Market Recovery and Performance: Despite a dip from an unexpected inflation report, the S&amp;P 500 hit a record high, while the Dow Jones and Nasdaq experienced slight movements.<\/li>\n\n\n\n<li>Economic Data&#8217;s Impact: Recent CPI, PPI, and retail sales data have challenged the soft-landing narrative, affecting investor sentiment regarding Federal Reserve rate cuts.<\/li>\n\n\n\n<li>Investor Sentiment Shift: Expectations for the Fed&#8217;s interest rate cuts have been adjusted, with a June cut now more likely than earlier anticipated.<\/li>\n\n\n\n<li>Broader Market Outlook: Despite challenges, the overall market narrative remains unchanged, with AI stocks surging and a general expectation for policy recalibration within the year.<\/li>\n<\/ul>\n\n\n\n<p>Start your\u00a0<a href=\"https:\/\/www.vtmarkets.net\/cfd-shares\/us-cfd-shares\/\" target=\"_blank\" rel=\"noreferrer noopener\">CFD Shares Trading<\/a>\u00a0journey with VT Markets now!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CURRENCIES: STOCK MARKET: Start your\u00a0CFD Shares Trading\u00a0journey with VT Markets now!<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-10420","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/posts\/10420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/comments?post=10420"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/posts\/10420\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/media?parent=10420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/categories?post=10420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/tags?post=10420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}