EUR Trading Outlook Archive

EUR/USD Firm EUR crosses & CB (Asia, M/E) EUR/USD buys lift in Europe’s morning NY opens ~1.0940, dips sub-1.0920 on early USD bid, dip bought USD rally turns & broad based sales ensue even as US yields lift EUR/USD tests >1.0990, offers into 1.10 &… Read more

EUR/USD • Pair pressured in Europe morning on ongoing Greek concerns & USD rally • Early NY tests sub-1.0820, turns as USD slides & Greek fears abate a bit • Sharp USD drop & US yield slip aid EUR/USD spike, stops >1.0900 hit • 76.4… Read more

EUR/USD • Weak German IFO expectations data sinks pair ahead of NY open • NY lifts from ~1.0805/10 as US durables core data is weak • US yields tumble & broad based USD sales follow • EUR/USD up near 1.0890 as DE-US yield spreads tighten… Read more

EUR/USD • Europe can’t crack 1.0650/60 supt, ACB & corp buyers repel the slide • Short cover bounce sees 1.0735 into NY open, bulls lift in early NY • USD stays firm post-claims, leveraged buy USD, EUR/USD dips ~1.0735 • Weak US housing data &… Read more

AUD/USD • Bullish momentum post-Oz CPI persists in Europe, 0.7800 breached • NY applies bear pressure on USD bid & EUR/AUD lift toward 1.3840 • AUD/NZD lift above 1.0130 alleviates some pressur eon AUD/USD • Pair bounces from 0.7747 NY low & settles near 0.7770… Read more

EUR/USD • Pair dives below 200-HMA in Europe’s morning on Greek jitters • Limited follow through, shorts cover, soft JPY lifts EUR/JPY • EUR/JPY up near 128.75, EUR/USD follows, hits 1.0782 • Thin conditions exaggerate lift, gains erode as USD & US yields firm •… Read more

EUR/USD • Under pressure in Europe’s morning as USD sees broad based bid • Early NY sees dip near 1.0710, but dip bought, lifts near 1.0770 • Rally ignited by Dudley’s tip to rate hike timing being data dependent • Spec offers cap rally &… Read more

EUR/USD • Choppy European morning, 1.0738 to 1.0849 to 1.0790 into NY’s open • Post-CPI action whippy, headline miss spikes up to 1.0849 again • Core above f/c though, USD rallies, EUR/USD quickly down to 1.0734 • Most losses fade as USD drifts lower rest… Read more

EUR/USD • Fail at 1.0620/25 sup in Europe morning sess squeeze, NY opens ~1.0715 • NY adds to gains on worse than f/c claims data, 1.0770 tested • Dip to 1.0685 on solid Philly Fed but dip bought as USD & US yields soft •… Read more

EUR/USD • Europe sees several pushes into 1.570/80 repelled, good demand noted • NY makes early push lower but it’s bought pre-Draghi presser • Draghi less dovish, notes depo rate won’t be lowered, FX rate not targeted • Pair gains but fades as German 10yr… Read more