EUR Trading Outlook (16-08-2012)

The Euro (EUR) the EUR/USD suffered at the hands of the stronger USD falling back below 1.2300 in a gentle move lower. EUR/JPY buying is supporting the major and if US stocks continue to rally it is hard to see the EUR/USD continued to be sold on strong the US data alone. The EUR/USD is not the preferred risk currency however so EUR/AUD and EUR/GBP both fell on the day.

Back to EUR Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.