EUR Trading Outlook Archive

The Euro (EUR) closed above the key 1.40 level on Tuesday, aided by a weaker USD and a strong reading in EZ PMI manufacturing for the month of October, released at 54.6 from previous months 54.1. The EURUSD traded with a low of 1.3879 a… Read more

The Euro (EUR) was subdued on Monday trade, as uncertainty of the Fed QE package weighed on the ability of the single currency to hold its footing above 1.40. The Euro is expected to trade in a range leading up to the FOMC meeting on… Read more

The Euro (EUR) gained heavily on USD weakness with the market moving back to the middle of its recent range. The market responded positively to comments from ECB member Weber that the German Budget would be below 3%. EUR/USD traded with a low of 1.3777… Read more

The Euro (EUR) suffered from the resurgent USD falling steadily all day hitting lows in Europe on French Terrorism fears and residual Greece/Portuguese Debt Concerns. EUR/USD traded with a low of 1.3733 and a high of 1.3880 before closing at 1.3775. Looking ahead, October German… Read more

The Euro (EUR) was under continuous pressure from both the USD and then the Pound after very strong UK GDP numbers. October German Consumer Confidence remained at 4.9. Support is found at last week&amp rsquo s lows of 1.3700. EUR/USD traded with a low of… Read more

The Euro (EUR) a solid rally back above 1.4000 once again failed to hold for the entire trading day with sellers capping near 1.4100. September Industrial Orders is 5.3% vs. -1.8R% m/m. Topside Range trading is tipped ahead of the US FOMC meeting next week…. Read more

The Euro (EUR) the market remains supported on dips in striking distance of the key 1.4000 level. Traders are cautious towards the big figure though as recent attempts higher have been sold back. EUR/GBP is threatening 0.8900 as the broad Pound underperformance continues. EUR/USD traded… Read more

The Euro (EUR) eased on speculation that the much publicized second installment of Quantitative Easing from the US will not be so desperate. Euro also suffered as Commodities eased reprieving the USD weakness. In domestic news, EZ PMI Manufacturing data was released above expectation, reading… Read more

The Euro (EUR) regained most of its losses on Wednesday as positive investor sentiment lifted the Euro back to pre-China rate hike levels. In domestic data, German PPI rose 0.3% in September slightly above expectations. The EURUSD traded with a low of 1.3699 a high… Read more

The Euro (EUR) slipped on Tuesday&rsquo s decision by the PBOC to increase interest rates. In similar fashion to US Share markets, the decision by China also saw a negative day in Euro share markets, down from six month highs. In local news, the German… Read more