EUR Trading Outlook Archive

The Euro (EUR) the EUR/USD tested 1.2900 at the height of its weakness overnight with concerned about Greece meeting its budget targets and weak German IFO at 101.4 vs. 102.3 forecast. Adding to the uncertainty was reported infighting between French and German leaders regarding the… Read more

The Euro (EUR) talk on Friday that Spain was planning a bailout helped lift the EUR/USD to day highs before a denial from German’s Schaeuble that Spain even needed a bailout. Another reason for the drop in the US session was talk the Swiss national… Read more

The Euro (EUR) the EUR/USD led the majors lower yesterday as weak longs bailed after the single currency broke through 1.3000. Support was found eventually at 1.2940 and we rebounded slightly with the US Stocks. Bulls will be hoping to close the week above 1.3000… Read more

The Euro (EUR) the EUR/USD tested 1.3000 during the European session before bouncing to 1.3080 later in the US session. The outlook is mixed with some of the euphoria from the central bank QE around the world fading overnight. The Trioka reported that Greece had… Read more

The Euro (EUR) another leg lower towards 1.3000 overnight as the market worried about the Spanish commitment to a bailout with talk that they are still evaluating the need for ECB money. The markets are pushing Spain to accept the bailout and implement budget cuts…. Read more

The Euro (EUR) the EUR/USD eased back below 1.3100 as market wide profit taking hit the major. Doubts about the size and timing of a Spanish Bailout have seen the Yield on Bonds once again start to tick higher. The market used this as an… Read more

The Euro (EUR) EUR/USD heading in one direction hit highs above 1.3150 in another stellar day for the European Currency. The ECB Bond Buying Program and the ESM seemed to have put a lid on the crisis for now and the relief rally is continuing… Read more

The Euro (EUR) EUR/USD broke above 1.3000 at the height of the USD weakness overnight and has crept higher to 1.3030 in Asia so far on Friday. The market is now well and truly in an uptrend with the fears of the debt crisis crash… Read more

The Euro (EUR) the EUR/USD hit 1.2940 highs in Europe on the back of the positive German Court decision that allowed the funding of the ESM bailout facility. The good news was widely expected however and this allowed profit takers to gain control later in… Read more

The Euro (EUR) the EUR/USD rallied to fresh highs above 1.2850 as the German Court is expected and the US AAA rating warning added to USD woes. The outlook is for further gains especially if the FOMC announce QE3 on Thursday night. The EUR/JPY was… Read more