EUR Trading Outlook Archive

The Euro (EUR) with debt contagion issues spreading to multiple countries in the Eurozone investors are selling the Euro relentlessly. A test below 1.3000 in Europe was bought but then late in the US session S&amp P put Portugal on Negative Ratings Watch and the… Read more

The Euro (EUR) a rally in late Asia to 1.3300 was the highs of the day after which the market sold heavily on risk aversion and debt contagion risk. The lack of a resolution to the crisis if flaming the fires with fresh developments mostly… Read more

The Euro (EUR) remained under pressure for most of the day as traders were happy to sell the single currency while details of the Irish bailout was worked out. Support was found at 1.3200 but the market is already focused on Portugal on denied reports… Read more

The Euro (EUR) struggled even as stocks rallied with investors preferring other currencies while the debt situation lingers. German IFO did provide some good news up to 109.3 vs. 107.6 forecast. In other news a widely expected downgrade of Ireland of two notches had little… Read more

The Euro (EUR) struggled even as stocks rallied with investors preferring other currencies while the debt situation lingers. German IFO did provide some good news up to 109.3 vs. 107.6 forecast. In other news a widely expected downgrade of Ireland of two notches had little… Read more

The Euro (EUR) focus on Ireland continued with German Chancellor Merkel saying the Euro is in an &amp lsquo exceptionally serious&amp rsquo situation. German GDP was confirmed at 0.7% Q/Q. EUR/USD continued to be under pressure falling over two big figures on debt contagion fears…. Read more

The Euro (EUR) initial enthusiasm for the bailout plan faded into doubt during the European session as the Irish opposition called for an election in response to the Government&amp rsquo s handling of the debt crisis. Focus is also spreading to Portugal and Greece and… Read more

The Euro (EUR) received a boost from the Irish PM Cowen who stated he was in talks with the IMF/EU for the best possible bailout package. The market opened strong on Monday morning on the back of these developments but follow through buying will require… Read more

The Euro (EUR) jumped higher on speculation Ireland would be forced to accept bailout funds. ECB member and Irish Central Bank Head Honohan said the expected Ireland to receive a loan worth tens of billions. EUR/USD traded with a low of 1.3540 and a high… Read more

The Euro (EUR) stabilized after heavy selling over the past few days reclaiming the 1.3500 handle as the IMF heads to Ireland to check whether the country needs to activate bailout funds. The threat of contagion spreading the bailout need to Portugal is also being… Read more