EUR Trading Outlook Archive

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

The Euro (EUR) fell sharply on the Egyptian chaos which fueled heavy USD and CHF buying. Also weighing on the Euro Friday, more reports that German Officials are still reluctant to increase the EFSF. &nbsp EUR/USD traded with a low of 1.3584 and a high… Read more

The Euro (EUR) pushed higher into the 1.3700 region as sentiment towards the single currency continues to improve with traders noticing CEB&amp rsquo s Bini-Smaghi comments that the recent rise in inflation is hard to ignore. EUR/USD traded with a low of 1.3635 and a… Read more

The Euro (EUR) toyed with the 1.3700 level throughout the day ending slightly above the figure after USD weakness post FOMC. EUR/GBP reversed on GBP strength but support for most crosses is being found with easing Eurozone Debt concerns. EUR/USD traded with a low of… Read more

The Euro (EUR) tested 1.3700 going into Europe before heavy Cable sales and weak commodities helped profit takers gain control. The market was well supported on the dip however and ended near day highs. EUR/USD traded with a low of 1.3571 and a high of… Read more

The Euro (EUR) The Euro hit fresh year highs before profit taking set in but the outlook is growing more bullish as the ECB is seen more likely to raise rates earlier than the US FED. January PMI survey&rsquo s remain strong with Services at… Read more

The Euro (EUR) held strength better than most with the market bounded between 1.34-3500. News that the Irish PM had called a snap election was overlooked as was a moody downgrade warning of Portugal. &nbsp EUR/USD traded with a low of 1.3395 and a high… Read more

The Euro (EUR) maintained lofty levels breaking briefly above 1.3500 but was unable to push higher and pulled back in the US session. The market continues to focus on the EFSF and whether there will be expansion or new facilities added to help stabilize the… Read more

The Euro (EUR) the market moved higher in Europe in response to very strong January German Zew Survey numbers at 15.4 vs. 4.3 previously. The market traded into the mid 1.3400 region before profit taking in the US session pushed the pair back under the… Read more

The Euro (EUR) the market is focusing on a stream of comments from EU officials on the prospect of European Stabilization fund being expanded. Germany is reluctant to expand the fund and this is causing tension with other members so far. EUR/USD traded with a… Read more