{"id":3497,"date":"2023-07-31T13:49:41","date_gmt":"2023-07-31T13:49:41","guid":{"rendered":"https:\/\/blog.trive.com\/?p=3497"},"modified":"2023-07-31T13:49:42","modified_gmt":"2023-07-31T13:49:42","slug":"buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation","status":"publish","type":"post","link":"https:\/\/blog.trive.com\/de\/handel\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/","title":{"rendered":"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation"},"content":{"rendered":"<p><em>Piece Written By Mfanafuthi Mhlongo, Trive Financial Market Analyst<\/em>&nbsp;<\/p>\n\n\n\n<p>The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall. The headline inflation rate slowed in line with expectations to 5.3% in July, while core inflation remained unchanged at 5.5%, against the market\u2019s expectations of a slightly higher than the expectations of a decline to 5.4%. The inflation report, together with the robust GDP data figure, helped to ease some of the pressure on the euro.&nbsp;<\/p>\n\n\n\n<p>However, the dollar remained resilient, buoyed by Friday\u2019s employment cost index data, keeping the cross flat just above the 1.10 price level, with analysts eyeing potential further downside. This suggests that investors are still concerned about the outlook for the Eurozone economy, despite the recent improvement in inflation.&nbsp;<\/p>\n\n\n\n<p><strong>Technische Analyse<\/strong>&nbsp;<\/p>\n\n\n\n<p>The 4Hchart shows that despite initial concerns of a sustained drop below key support levels, EURUSD managed to stage a sharp rebound, hitting the high of 1.10403 during the session. The pair appears to have entered a consolidation phase between 1.09442 and 1.10661 as traders await more cues from upcoming economic indicators.&nbsp;<\/p>\n\n\n\n<p>Therefore, for the downside, a sustained push below the daily pivot point could offer short-trading opportunities as the price action moves towards the 1.09442 support level. A break below the level, supported by significant volume, would bring the 1.08662 support level into play. However, for the bullish case, opportunities could exist towards the 1.10661 resistance level. A sustained break above the level would bring the 61.80% Fibonacci retracement level at the 1.11496 price level into play.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"549\" src=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-70-1024x549.png\" alt=\"\" class=\"wp-image-3498\" srcset=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-70-1024x549.png 1024w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-70-300x161.png 300w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-70-768x412.png 768w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-70-18x10.png 18w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-70.png 1381w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Zusammenfassung<\/strong>&nbsp;<\/p>\n\n\n\n<p>Looking ahead, the EURUSD pair is likely to remain range-bound in the near term as the market brace for the various US and Eurozone economic reports, including the retail sales, PMI data and the highly anticipated NFP data report from the US.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Overall, the EURUSD pair is likely to remain volatile in the coming sessions, with investors needing to keep a close eye on the latest economic data in order to gauge the outlook for the pair.&nbsp;<\/p>\n\n\n\n<p><strong>Quellen: <\/strong>TradingView, Trading Economics, Reuters, EUROSTAT, CNBC.&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Piece Written By Mfanafuthi Mhlongo, Trive Financial Market Analyst&nbsp; The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall. The headline inflation rate slowed in line with expectations to 5.3% in July, while core inflation remained unchanged at 5.5%, against the market\u2019s [&hellip;]<\/p>","protected":false},"author":15,"featured_media":2612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation - Trive Blog<\/title>\n<meta name=\"description\" content=\"The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.trive.com\/de\/handel\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation - Trive Blog\" \/>\n<meta property=\"og:description\" content=\"The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.trive.com\/de\/handel\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"Trive Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-31T13:49:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-31T13:49:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/04\/2023.04.24-THUMB-EURUSD-Trade-Outlook.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"513\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CONNECT TRIVE\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Verfasst von\" \/>\n\t<meta name=\"twitter:data1\" content=\"CONNECT TRIVE\" \/>\n\t<meta name=\"twitter:label2\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 Minuten\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\"},\"author\":{\"name\":\"CONNECT TRIVE\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31\"},\"headline\":\"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation\",\"datePublished\":\"2023-07-31T13:49:41+00:00\",\"dateModified\":\"2023-07-31T13:49:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\"},\"wordCount\":361,\"publisher\":{\"@id\":\"https:\/\/blog.trive.com\/#organization\"},\"articleSection\":[\"Trading\"],\"inLanguage\":\"de-DE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\",\"url\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\",\"name\":\"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation - Trive Blog\",\"isPartOf\":{\"@id\":\"https:\/\/blog.trive.com\/#website\"},\"datePublished\":\"2023-07-31T13:49:41+00:00\",\"dateModified\":\"2023-07-31T13:49:42+00:00\",\"description\":\"The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall.\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/#breadcrumb\"},\"inLanguage\":\"de-DE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blog.trive.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.trive.com\/#website\",\"url\":\"https:\/\/blog.trive.com\/\",\"name\":\"Trive Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/blog.trive.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.trive.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"de-DE\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.trive.com\/#organization\",\"name\":\"Trive Blog\",\"url\":\"https:\/\/blog.trive.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de-DE\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png\",\"contentUrl\":\"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png\",\"width\":723,\"height\":199,\"caption\":\"Trive Blog\"},\"image\":{\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31\",\"name\":\"CONNECT TRIVE\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de-DE\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g\",\"caption\":\"CONNECT TRIVE\"},\"url\":\"https:\/\/blog.trive.com\/de\/author\/connect\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation - Trive Blog","description":"The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.trive.com\/de\/handel\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/","og_locale":"de_DE","og_type":"article","og_title":"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation - Trive Blog","og_description":"The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall.","og_url":"https:\/\/blog.trive.com\/de\/handel\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/","og_site_name":"Trive Blog","article_published_time":"2023-07-31T13:49:41+00:00","article_modified_time":"2023-07-31T13:49:42+00:00","og_image":[{"width":1024,"height":513,"url":"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/04\/2023.04.24-THUMB-EURUSD-Trade-Outlook.png","type":"image\/png"}],"author":"CONNECT TRIVE","twitter_card":"summary_large_image","twitter_misc":{"Verfasst von":"CONNECT TRIVE","Gesch\u00e4tzte Lesezeit":"2 Minuten"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/#article","isPartOf":{"@id":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/"},"author":{"name":"CONNECT TRIVE","@id":"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31"},"headline":"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation","datePublished":"2023-07-31T13:49:41+00:00","dateModified":"2023-07-31T13:49:42+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/"},"wordCount":361,"publisher":{"@id":"https:\/\/blog.trive.com\/#organization"},"articleSection":["Trading"],"inLanguage":"de-DE"},{"@type":"WebPage","@id":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/","url":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/","name":"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation - Trive Blog","isPartOf":{"@id":"https:\/\/blog.trive.com\/#website"},"datePublished":"2023-07-31T13:49:41+00:00","dateModified":"2023-07-31T13:49:42+00:00","description":"The EURUSD currency pair started the week on a bullish note on Monday as inflation data from the Eurozone showed a further fall.","breadcrumb":{"@id":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/#breadcrumb"},"inLanguage":"de-DE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/blog.trive.com\/trading\/buoyant-dollar-leaves-eurusd-flat-despite-resilient-eurozone-inflation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.trive.com\/"},{"@type":"ListItem","position":2,"name":"Buoyant Dollar Leaves EURUSD Flat Despite Resilient Eurozone Inflation"}]},{"@type":"WebSite","@id":"https:\/\/blog.trive.com\/#website","url":"https:\/\/blog.trive.com\/","name":"Trive Blog","description":"","publisher":{"@id":"https:\/\/blog.trive.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.trive.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"de-DE"},{"@type":"Organization","@id":"https:\/\/blog.trive.com\/#organization","name":"Trive Blog","url":"https:\/\/blog.trive.com\/","logo":{"@type":"ImageObject","inLanguage":"de-DE","@id":"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png","contentUrl":"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png","width":723,"height":199,"caption":"Trive Blog"},"image":{"@id":"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31","name":"CONNECT TRIVE","image":{"@type":"ImageObject","inLanguage":"de-DE","@id":"https:\/\/blog.trive.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g","caption":"CONNECT TRIVE"},"url":"https:\/\/blog.trive.com\/de\/author\/connect\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts\/3497"}],"collection":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/comments?post=3497"}],"version-history":[{"count":1,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts\/3497\/revisions"}],"predecessor-version":[{"id":3499,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts\/3497\/revisions\/3499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/media\/2612"}],"wp:attachment":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/media?parent=3497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/categories?post=3497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/tags?post=3497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}