EUR Trading Outlook Archive

The Euro (EUR) topped out at 1.4880 on Friday and fell back in Asia on news of Bin Laden&amp rsquo s death. The market will be closely watching the ECB later this week to see the pace the central bank is looking to raise rates…. Read more

The Euro (EUR) was strong for most of the day finding support below 1.4800 on a few attempts lower throughout the day. German Unemployment fell -37k in a continuation of strong jobs data in the biggest economy in Europe. Overall the EUR/USD traded with a… Read more

The Euro (EUR) tested 1.4800 after Bernanke&amp rsquo s speech with the market pouncing on the differing monetary policy outlook. February Industrial Orders gained 0.9% vs. 1.0% forecast. The trend is quite strong and now has little resistance up to the medium term 1.5000 target…. Read more

The Euro (EUR) heavy buying in Europe and US session ended speculation that the USD rout would ease into the FOMC decision. 1.4700 was taken out in late US trade with the market also support on heavy EUR/GBP buying towards the 0.8900 level. Overall the… Read more

The Euro (EUR) had a test above 1.4600 but retraced back to more familiar levels on USD buying in the US session. The market will be closely watching the FOMC decision to work to see if the Euro rally is over. Overall the EUR/USD traded… Read more

The Euro (EUR) was well supported above the 1.4500 handle on bullish comments from China&rsquo s official in Europe &lsquo possible we will purchase more sovereign bonds. EUR/JPY has stabilized after falling back from highs and is looking to retest Y120 in coming session for… Read more

The Euro (EUR) surged from the start of Asia to break above 1.4500 and to fresh year highs. EUR/JPY and EUR/GBP also leapt higher with the market focusing on good Spanish Bond Auctions and talk China would revalue its currency lower. Overall the EUR/USD traded… Read more

The Euro (EUR) found support and rallied even as the German Finance minister commented that a Greek restructuring is inevitable. The market found broad strength with both EUR/JPY and EUR/GBP outperforming. April PMI surveys were slightly weaker as the Composite fell to 57.8 from 58.2… Read more

The Euro (EUR) was under heavy selling pressure as the combination of USD strength and the Euro weakness led to large moves. The markets are concerned that Greece debt may be restructured but the Greek Government has firmly denied this. EUR/USD broke under 1.4300 and… Read more

The Euro (EUR) remained locked in the 1.4400-500 range that has been well established throughout the last week with the topside resistance proving hard for the buyers to crack. March Euroland Core Inflation was at 1.3% vs. 1.0% previously y/y. Overall the EUR/USD traded with… Read more