EUR Trading Outlook Archive

The Euro (EUR) shrugged off selling pressure for much of the Asian session to close the day above last week&amp rsquo s level. ECB President Trichet said the central bank will continue to purchase bonds, and a possibility of extending the program. The EURUSD traded… Read more

The Euro (EUR) traded at fresh 9 month highs shortly after Fed Chairman speech, which indicated further easing was imminent. In domestic news, EZ CPI was released on expectations of 1.8% to little effect. The EURUSD traded with a low of 1.3938 a high of… Read more

The Euro (EUR) surged through the 1.4000 ceiling in Asia post Singapore news. Much of the follow through was attributed to a bout of stop losses being triggered ensuring the momentum in the Euro was pronounced. The EURUSD traded with a low of 1.3952 and… Read more

The Euro (EUR) once more was rejected at the magical 1.4000 level on Wednesday, in a range trading session following a quite data day for the Eurozone. The Euro played second fiddle to Soaring Gold price, and AUD at 28 year highs (Post Float). Overall… Read more

The Euro (EUR) regained its foothold against a broadly weaker dollar following talk of QE2. Adding to Euro strength, ECB&amp rsquo s Weber declared Europe was on a steady path to recovery, contrary to a widely reported market perception. In data news German CPI figures… Read more

The Euro (EUR) lost ground against the greenback on Monday&rsquo s trade. In domestic news, IMF&rsquo s Kahn suggested the IMF would allow for more time for Greece to repay loans, prompting an optimistic rally in Euro stocks. The Euro traded with a low of… Read more

The Euro (EUR) found selling pressure for the second successive trading day within range of the magical 1.4000 mark. Trading on the Euro was whippy for much of the North American session, with the single currency failing to take a direction shortly after the lackluster… Read more

The Euro (EUR) the Euro Broke above 1.4000 on strong US data but the market took profit aggressively back over 150 pips. The ECB held rates at 1.0% as expected and Trichet stated he expected slow growth in the 2nd half and he supported the… Read more

The Euro (EUR) the rally took another leg higher on very strong German Industrial Orders at 3.4%m/m in August. The markets are not reacting to negative news as Fitch downgrading Irish Sovereign Debt only resulted in a small dip that was bought up to fresh… Read more

The Euro (EUR) surged higher after dipping in the Asian session to break fresh multi-month highs above 1.3850. August Retail Sales fell -0.4% vs. 0.1% previously but were overlooked. The US QE2 story is getting recycled daily and adding to upside momentum. EUR/USD traded with… Read more