EUR Trading Outlook Archive

The Euro (EUR) struggled under risk aversion but was calm against the Dollar finding support under 1.3900. EUR/JPY was much more volatile crashing to Y106.50 in late trade. Overall the EUR/USD traded with a low of 1.3865 and a high of 1.4003 before closing the… Read more

The Euro (EUR) the EUR/USD held up better than most able to close near opening levels on the back of the widening FED/ECB divide on inflation. EUR/GBP surged above 0.8700 but EUR/JPY did end up falling with the USD/JPY slump. Overall the EUR/USD traded with… Read more

The Euro (EUR) the market rally continued from Friday with the EUR/USD testing the significant 1.4000 level on optimism that the new bailout plan will ease the debt crisis. Also helping was hawkish comments from ECB members about raising rates as early as next meeting…. Read more

The Euro (EUR) surged higher on Friday the start of the Week on Monday on the news that the Eurogroup meeting had agreed to increase the size of the bailout fund and allow new forms of market intervention. This allowed the Euro to rally across… Read more

The Euro (EUR) was hit hard in Europe as Moody&rsquo s downgraded Spain and increased the estimated loan losses. Also weighing on the pair was German Trade balance which dropped to 1.2bn vs. 13.7bn previously. Overall the EUR/USD traded with a low of 1.3774 and… Read more

The Euro (EUR) was stable finding support but focus still remains on the smaller European countries debt ahead of the EU summit this weekend. Portugal remains adamant that they do not need a bailout but the market is continuing to push yields higher. Overall the… Read more

The Euro (EUR) was in focus last night as traders sold the single currency on fresh EU debt fears and comments from S&amp P that a Greek default was possible. January German Industrial Orders up 2.9% vs. -3.6% previously. Overall the EUR/USD traded with a… Read more

The Euro (EUR) broke through 1.4000 in Europe before finding resistance and reversing as Greece was downgrades and stocks turned south in New York. March EU Sentix improved to 17.1 vs. 16.8 previously. The market is still cautious on buying the Euro too aggressively with… Read more

The Euro (EUR) surged towards 1.4000 after the ECB President Trichet talked up the centrals banks &lsquo vigilance&rsquo in fighting inflation. The prospect of rate rises as early as April sent the Euro higher even as this change of stance was widely expected. Overall the… Read more

The Euro (EUR) reclaimed 1.3800 in the European session as EU PPI accelerated to 6.1% y/y in January. The market is keenly awaiting today&amp rsquo s ECB announcement with expectations of talk about interest rate rises to address the increasing inflation threat. Overall the EUR/USD… Read more