EUR Trading Outlook Archive

The Euro (EUR) came under pressure after topping out early in the day near 1.3850 to grind lower with US stocks. February German Unemployment Change at -52k vs. -15k forecast. Overall the EUR/USD traded with a low of 1.3762 and a high of 1.3856 before… Read more

The Euro (EUR) fell back on Friday in the US session as the market took profit from the week&rsquo s rally. German CPI was 0.5% as expected but traders are already focusing on Thursday&rsquo s ECB announcement. Overall the EUR/USD traded with a low of… Read more

The Euro (EUR) a dip going into Europe was bought up aggressively to see the major break above 1.3800. Traders note the hawkish Weber comments talking of rate rises and the Dovish US Fed comments from Bullard for the continuation of the uptrend. Overall the… Read more

The Euro (EUR) continued to gain strength shrugging off risk aversion to push to week highs. Traders note that interest rate expectations for the Eurozone in recent weeks are firming after lots of hawkish comments from ECB officials. A roadmap to raising rates is expected… Read more

The Euro (EUR) fell sharply in Asia on the general risk aversion and Euro Debt concerns but recovered sharply in in the European session on more comments from ECB officials regarding interest rate hikes to counter inflation. Overall the EUR/USD traded with a low of… Read more

The Euro (EUR) held up better than most in the risk off trading environment as German IFO improved to record highs in February to 111.2 vs. 110.3 previously. Support was found just under 1.3700 and remained stable in the US session. Overall the EUR/USD traded… Read more

The Euro (EUR) the Euro was strong once again pushing to a new level above 1.3700 with traders focusing on comments from ECB member Smaghi that as the economy recovers and commodities rise so will the very low interest rates. Overall the EUR/USD traded with… Read more

The Euro (EUR) the Euro took advantage of the USD weakness to push back to 1.3600 and hold at the level into the close. EU Consumer Confidence increased to -9.9 vs. -11 previously in February. Overall the EUR/USD traded with a low of 1.3535 and… Read more

The Euro (EUR) was able to rally after solid support was found under 1.3500 on talk of sovereign buying. EUR/JPY pushed above Y113 and is well position for more gains as the USD/JPY builds strength. Overall the EUR/USD traded with a low of 1.3461 and… Read more

The Euro (EUR) GDP missed expectations and hurt sentiment in Europe with Q4 GDP at 0.3% vs. 0.4% forecast although the February German ZEW survey did improve to 85.2 vs. 82.8 previously. Support was found under 1.3500 however and the pair finished just above. Overall… Read more