EUR Trading Outlook Archive

The Euro (EUR) was able to shrug off concerns that the Greece bailout will be revoked with Greece reportedly missing fiscal saving targets. Strong risk appetite is supporting the Euro but EUR/GBP and EUR/CHF selling suggest broad underperformance. Overall the EUR/USD traded with a low… Read more

The Euro (EUR) the Euro slumped on talks the IMF was not going to give Greece its June bailout. The market bounced after absorbing the news when most analysts commented it was just a threat to speed up the passing of more austerity measure. EUR/JPY… Read more

The Euro (EUR) did well to find support and reverse in Europe with the market ignoring rumors of snap Greek elections and extending the relief rally. June German GFK index disappointed at 5.5 vs. 5.6 previously. Overall the EUR/USD traded with a low of 1.4019… Read more

The Euro (EUR) the negative outlook placed on Belgium combined with the widening Greek/Portugal/Ireland bond spreads to send the EUR/USD to 1.4000. A few looks below in the European session met some strong buyers and the pair reversed in the US session to 1.4070. May… Read more

The Euro (EUR) the negative outlook placed on Belgium combined with the widening Greek/Portugal/Ireland bond spreads to send the EUR/USD to 1.4000. A few looks below in the European session met some strong buyers and the pair reversed in the US session to 1.4070. May… Read more

The Euro (EUR) once again in the eye of the storm falling from above 1.4300 to low 1.4100 on the back of the Fitch downgrade and the fresh Spanish concerns. On Monday, S&amp P put Italy on negative watch and the major tested 1.4100. Overall… Read more

The Euro (EUR) Rallied above 1.4300 in Asia before dipping in Europe. The selling proved short-lived and with weak US data traders pushed and closed on a strong footing above 1.4300. The outlook for the Euro is mixed with the Greece debt issue still unresolved…. Read more

The Euro (EUR) The EUR/USD fared well in the risk on environment before the FOMC minutes and then found support from EUR/JPY buying after stock markets continued to rally post the minutes release. Overall the EUR/USD traded with a low of 1.4193 and a high… Read more

The Euro (EUR) The Euro spent most of the day in quiet trade but ended on a strong note with USD weakness across the board. The German ZEW current conditions improved to 91.5 vs. 87.5 forecast. The outcome for Greece&amp rsquo s debt crisis is… Read more

The Euro (EUR) the EUR/USD received a welcome boost from Chancellor Merkal who stated she was not in favor of any European country restricting debt. This helped douse concerns Greece would have to rework it&rsquo s mountain of debt in coming months. Overall the EUR/USD… Read more