EUR Trading Outlook Archive

The Euro (EUR) fell to 3 week lows as concerns about the rescue of a large German bank reigniting old fears. Focus is also remaining on Portugal the next in line for a bailout as debt costs continue to remain at crisis level for the… Read more

The Euro (EUR) the market continued buying the USD on broad demand and the Euro was pushed down to 1.3500 major support. Euro underperformance has been noted in recent trading sessions with traders making money from selling into rallies. Overall the EUR/USD traded with a… Read more

The Euro (EUR) fell a full cent due to dollar strength as the rally this week retraced to under 1.3600. EUR/JPY was very well supported from the move higher in USD/JPY and could break higher in coming session if US data continues to improve. Overall… Read more

The Euro (EUR) push higher outperforming the rest of the market to break above 1.3700. Helping underpin the single currency is improving economic data with December German Trade Balance overnight printing 14bn vs. 12bn forecast. Overall the EUR/USD traded with a low of 1.3609 and… Read more

The Euro (EUR) was strong as recent selling subsided and buyers returned aggressively to push the pair to week highs just under 1.3700. December German Industrial Output fell -1.5% vs. 0.3% forecast to add to the negative Factory orders reported on Monday. Overall the EUR/USD… Read more

The Euro (EUR) rallied to 1.3600 in Asia on strong Japanese stocks and EUR/JPY buying but was sold aggressively in Europe on weak economic data. German December Factory Orders dropped -3.4%. EUR/USD traded with a low of 1.3507 and a high of 1.3628 before closing… Read more

The Euro (EUR) was under pressure as the largest currency pair expressed the USD strength. The sharp pullback over the last two days has put the rally in question with a break of 1.3500 signally its breakdown. EUR/JPY held up well as stock markets and… Read more

The Euro (EUR) the Euro dropped 2 cents after the ECB held at 1.0% and Trichet failed to deliver the hawkish comments priced in by traders. Trichet reiterated &amp lsquo risks the medium term outlook are still broadly balanced&amp rsquo and did not focus on… Read more

The Euro (EUR) a dip below 1.3800 found support and the major closed back above the figure. EUR/GBP selling weighed as the Pound outperformed and most traders are now turning their attention to the ECB meeting and President Trichet&amp rsquo s Press Conference. EUR/USD traded… Read more

The Euro (EUR) led the market higher rebounding above 1.3700 as Egyptian concerns faded quickly and the buyers returned in force. January Inflation Flash came in at 2.4% vs. 2.3% forecast and confirmed a pick up in the key indicator. EUR/USD traded with a low… Read more