EUR Trading Outlook Archive

The Euro (EUR) in light trade the EUR/USD broke above 1.2300 and hit day highs of 1.2375 before easing into the US session close. The strong moves were on the back of Euro Cross unwinding but was a surprise given the relatively negative news flow… Read more

The Euro (EUR) the EUR/USD was under pressure for most of the day down to 1.2240 before staging a late session US rally. The major has been capped at 1.2300 so far in Asia and we are seen some downside pressure with weekend comments from… Read more

The Euro (EUR) the Euro was under pressure yesterday as the bulls ran out of patience and concerns about the timing of ECB/ESF bond buying dominated the headlines. EUR/USD found support at 1.2270 and closed at 1.2300 but is looking weak technically after failing at… Read more

The Euro (EUR) the EUR/USD is pushing back towards 1.2400 in gentle but bullish trade as hopes rise the ECB have the Euro crisis under control. News emerged overnight that the Troika inspectors will remain in Greece all of September and that the decision to… Read more

The Euro (EUR) the EUR/USD retested Monday highs at 1.2440 before falling back in the US session while we wait for more information from the Eurozone. Commentary overnight including Junker stating that a Greek Exit would be manageable but carry enormous risks. Other talk in… Read more

The Euro (EUR) the EUR/USD hit day highs in early Asia and was not able retest these again on the day as profit takers dragged the pair back to 1.2350. The US session did see another rally and we finished well supported just under 1.2400…. Read more

The Euro (EUR) the ECB hangover was short lived with the EUR/USD rallying from the start of Europe till the close on Friday up nearly 200pips. Helping the rally on Friday was the tightening of Italian and Spanish Debt Yields with talk that Spain was… Read more

The Euro (EUR) the pre ECB move saw a move above 1.2400 before Draghi failed to deliver a clear plan for the Eurozone. The market was expecting immediate measures to be announced so we saw the pair fall to back below 1.2200 in a violent… Read more

The Euro (EUR) the FOMC saw the EUR/USD drop to 1.2220 but so far in Asian trade we are drifting back higher ahead of the main risk event this week in the ECB meeting tonight. ECB President Draghi last week highlighted to the market something… Read more

The Euro (EUR) The EUR/USD rallied in Europe after the French and Italian leaders released a statement that all steps will be taken to protect the Euro. This pushed the major up to 1.2320 and higher against most of its counterparts including the GBP and… Read more