EUR Trading Outlook Archive

EUR/USD • Light short covering in Europe sees pair near 1.0575 at NY open • US sales data & IMF US 2015 & 2016 GDP cuts see US yields & USD fall • EUR/USD hits 1.0708 high, HFs & leveraged were noted USD sellers •… Read more

EUR/USD • Early NY adds to losses from Europe’s morning on RM & leveraged sales • 1.0521 low hit, bounce ensues on talk of 1.05 barrier & softening USD • 1.0570/75 res breaks as USD collapses on JPY strength • HF short covering accelerates lift… Read more

EUR/USD • EUR sold far & wide as carry trade funders pile on & Fed debates hike timing• Dudley kept June in the mix, may see strong cyclical rebound in EZ M-T• Powell & FOMC Minutes also tending to suggest rate hikes inevitable• EUR/USD below… Read more

EUR/USD The EUR reverted to being the favored short amid the USD’s stunning recovery from Fri’s big downside NFPs miss, in part as European stocks were again bought up, some indices to new highs, with a goodly portion of that demand coming from overseas and… Read more

EUR/USD Tiny range to start the week, but one that has so far held above the weekly Tenkan at 1.0953 with help from Fri’s poor US jobs report. The jobs report couldn’t keep Tsy yields or US stocks down on Monday, which in turn put… Read more

EUR/USD The short squeeze begun in Europe’s morning pushed further along on NY trading. The pair sat near 1.0815 into NY’s open. Early action saw a spike down towards 1.0800 as the better than f/c US claims data lifted the greenback. The 1.0800 level has… Read more

EUR/USD The short squeeze begun in Europe’s morning pushed further along on NY trading. The pair sat near 1.0815 into NY’s open. Early action saw a spike down towards 1.0800 as the better than f/c US claims data lifted the greenback. The 1.0800 level has… Read more

EUR/USD The pair sat near 1.0760 into NY’s open after rebounding off 1.0715/20 support in Europe’s morning. The big miss on ADP (lowest reading since Jan 2014) sent US yields and the USD tumbling. EUR/USD spiked higher and began clearing spec offers in the 1.0790/20… Read more

EUR/USD The pair hit a new s-t trend low (1.0713) in Europe before bouncing a bit to the 1.0740 area into NY’s open. Early NY saw a quick spike higher on the combination of a drop in US treasury yields and corporate sales of USD…. Read more

EUR/USD A tight range in Europe’s morning carried over to NY initially. EUR/USD sat near 1.0840 (near mid-point of Europe’s range) as NY got going. The US data releases saw algos whip the pair about. The combination of as expected Feb consumption and above f/c… Read more