EUR Trading Outlook Archive

EUR/USD Europe bought the dip presented to them as they walked in the door. General USD weakness saw short covering take the pair form near 1.2735 towards 1.2770 into NY’s open. Early NY saw a spike up to 1.2790 get rebuffed. A bout of JPY… Read more

EUR/USD Europe pushed EUR/USD to 1.2840/50 resistance in their morning as it followed EUR/JPY’s spike from near 135.75 to 13.71 due to improved risk sentiment. A slight pullback from the resistance zone saw the pair near 1.2810 at NY’s open. NY made another try at… Read more

EUR/USD Offers into 1.3850 and Asian sellers in the 1.2860-80 zone had Europe apply bearish pressure to EUR/USD in their morning. With risk sentiment sour on falling equity and commodity prices EUR/USD made a steady move lower and eventually hit a 1.2705 low before bounce… Read more

EUR/USD Tight ranges held in Europe as EUR/USD hugged the 200-HMA. The pair sat near 1.2640 into NY’s open & pre-US econ data. Below f/c retail sales, Empire Mfg & PPI rattled risk sentiment. US bond yields & the USD sank like a stone. EUR/USD… Read more

EUR/USD Europe pushed EUR/USD below the 200-HMA and hit 1.2640 as sour risk sentiment took hold. The pair hit a 1.2640 low as EUR/JPY’s plunge from 136.25 to 135.04 weighed. An upward shift in risk sentiment weakened JPY a bit and lifted stocks. EUR/JPY bounced… Read more

EUR/USD opened NYC 1.2686, +56 pips vs Friday night’s close, O/N range 1.2621/98. NY session range 1.2665/99. Canada was closed and the US also was celebrating a national holiday, however stock markets & commodities were open giving FX markets something to trade off. US Treasuries… Read more

EUR/USD The pair’s failure to clear s-t resistance near 1.2720/30 gave Europe an excuse to sell EUR. sour risk sentiment and a firm JPY were added reasons. Bears sold EUR/USD from near 1.2715 towards 1.2650 before a bounce had it near 1.2670 into NY’s open…. Read more

EUR/USD Persistent USD weakness in Europe’s morning saw Asia’s gains added to. EUR/USD rallied to a 1.2791 high before dipping near 1.2760 into NY’s open. The USD recovered after USD/JPY failed to clear 107.50 and US bond yields took back early losses. EUR/USD slid from… Read more

EUR/USD NY walked in with the pair near 1.2650 and they made an early push towards 1.2640 as the USD was firm early on. The dip was bought though. USD/JPY seemed to drive market sentiment and its slip from near 108.50 allowed EUR/USD to rally… Read more

EUR/USD Asian names sold the spike higher to 1.2665 in Europe’s morning. The slide saw EUR/USD dip to 1.2585 just before NY got going. NY walked in and immediately rallied the pair towards 1.2625. US bond yields were soft and USD/JPY slid closer to the… Read more