EUR Trading Outlook Archive

The Euro (EUR) the EUR/USD was crashed lower overnight in a very bearish technical move with the FOMC minutes adding to selling pressure from concern over France’s Budget and potential Cyprus downgrade. Also sweeping the market was rumors of a large commodity house in trouble… Read more

The Euro (EUR) was stable in a tight range on the major but made small gains against the Yen and the GBP. The highlight of the day was ECB Draghi speaking in Brussels where he commented again that the High Euro may impact the inflation… Read more

The Euro (EUR) The Euro rallied on EUR/JPY buying and comments from ECB member Weidman that no rate cut would occur just to weaken the Euro. The large tech level at 1.3300 held and we bounced to session highs near 1.3375. The outlook is mixed… Read more

The Euro (EUR) The Euro collapsed across the board after shock miss in the German GDP for Q4 started a large sell off in EUR/JPY. EUR/JPY had been enjoying a fast rally for the last 2 months and the shock of an EU Q4 GDP… Read more

The Euro (EUR) The EUR/USD was wacked around by rumors and negative reports out of Europe with talk that the ECB is worried about the effect of a strong Euro on the weaker countries in the region. The bullish outlook is being undermined by the… Read more

The Euro (EUR) the EUR/USD soared chasing the EUR/JPY higher and supported by the uptrend in the EUR/CHF. The major broke above 1.3410 and quickly moved to 1.3475 before fading back with some easing in the EUR/JPY. The EUR/JPY continued to be the most volatile… Read more

The Euro (EUR) EUR/USD grinded higher from 1.3360 to 1.3410 lifted by EUR/JPY buying. There were lots of Euro FX comments overnight but the most prominent was ECB Weidmann stating latest indicators didn’t signal a serious overvaluation of the Euro. The German FinMin backed this… Read more

The Euro (EUR) the main currency in action yesterday paring back gains against the USD, JPY and GBP before stabilizing into the close of New York. EUR/USD fell to 1.3370 from 1.3550 as Draghi was downbeat on the Eurozone outlook for the rest of the… Read more

The Euro (EUR) came under pressure as verbal sparring between France and Germany over the current exchange rate of the Euro intensified. The EUR/USD spiked initially after a comment from Germany that the Euro isn’t overvalued. This was short-lived as France put the EUR/USD on… Read more

The Euro (EUR) was the driver of the market via the EUR/JPY cross which fell to Y124 at the start of Europe before running into what is being called a ‘monster’ EUR/JPY buy order out of the Middle East. In one of the sharpest moves… Read more