EUR Trading Outlook Archive

The Euro (EUR) consolidated above 1.3000 with most of the buying seen on the EUR/JPY which moved above Y104 and is targeting Y105 in coming sessions. The EUR/USD is in a holding pattern while the markets wait for further news regarding Greece Aid and Spanish… Read more

The Euro (EUR) the EUR/USD held up better than most as the mood soured on Friday with the single currency able to hold above 1.3000 and remain bullish technically. Buyers will quickly need to reclaim control of the major with a break and hold below… Read more

The Euro (EUR) failed to retest the highs at 1.3160 and pulled back below 1.3100 with a sour mood sweeping the markets later in the day. The outlook is for more gains as the EU crisis wanes and new measures are introduced but some bickering… Read more

The Euro (EUR) improving optimism towards the future of the Eurozone helped the EUR/USD push above 1.3100. Risk still exists though with a Spanish 10 year bond auction later today and the EU summit beginning. Any strong German opposition to softening Greece or Spanish bailout… Read more

The Euro (EUR) the EUR/USD broke 1.3000 in the European session and then pushed to 1.3100 in the US session. There is still some uncertainty regarding Spain and Greece and we should hear more from this at the EU summit on Thursday. Spanish rumors are… Read more

The Euro (EUR) the EUR/USD found support under 1.2900 and reversed direction to close at 1.2960 and within striking distance of the key topside resistance at 1.3000. The EU Summit later this week may contain headlines that move the market with Greece and Spain issues… Read more

The Euro (EUR) Stalling by Spain on requesting bailout money is leaving the market unsure about the next direction for the EUR/USD. Falling Yields on Spanish and Italian debt could easily have inspired a much larger rally in the EUR/USD if Spain had requested help…. Read more

The Euro (EUR) the EUR/USD staged a small rally but found resistance near 1.2950 and eased back slightly. Speculation emerged that Spain may wait weeks or months before asking for Aid. Greece talks are still ongoing but they are believed to be close to a… Read more

The Euro (EUR) the EUR/USD rallied gently to 1.2915 before reversing back to 1.2850 lows with the single currencies struggling. The seemingly lack of progress being made at talks regarding Spain and Greece is hurting sentiment and we might continue to see new lows till… Read more

The Euro (EUR) the EUR/USD broke below 1.3000 and headed down to 1.2940 before stabilizing into a tight range in the US session. The EUR/GBP is grinding higher to 0.8100. The EUR/JPY was very volatile falling with USD/JPY and the major sharply back to Y101.50.