EUR Trading Outlook Archive

The euro (EUR) recorded losses against most of its major counterparts as it was revealed that positive comments by the European Central Bank (ECB) President Draghi over the past week were not the result of any resolution or plan. Therefore, Thursday’s policy statement by the… Read more

The Euro (EUR) The EUR/USD moved to 1.2390 after reports that the ECB president will be holding talks with the German Central banks over the weekend. No news has emerged so far but it’s clear they would have discussed measures the ECB could announce on… Read more

The euro (EUR) recorded gains against most of its major counterparts as comments by the European Central Bank (ECB) President Draghi boosted the single currency. He was particularly firm, saying that the single currency is irreversible and that the ECB will do whatever it takes… Read more

The Euro (EUR) the EUR/USD shot higher as Nowonty suggested the ESM (the Eurozone Bailout Fund recently agreed upon to save Spain) should be given a Banking license. This would open the fund up to loans from the ECB but is controversial because this would… Read more

The Euro (EUR) the selling continued overnight but still at a slower pace down to 1.2040 in striking distance of the big 1.2000 level. Lots of speculation of what the ECB and EU can do to stop the Spanish yields rising have be talked about… Read more

The Euro (EUR) the crisis continued to dominate headlines out of Europe with support not seen on the EUR/USD until just above 1.2000. The big figure is a natural target for the bears and could be tested later this week if news out Greece is… Read more

The Euro (EUR) the EUR/USD fell to new lows on Friday under 1.2150 as regions of Spain lined up for bailouts from the pressured Spanish central bank and investors fretted that there was not enough money to completely bailout Spain. Adding to the contagion fears… Read more

The Euro (EUR) the Euro is continuing to be sold on the crosses with fresh lows on the EUR/AUD and EUR/GBP overnight capping the EUR/GBP rally attempts. The Outlook is for timid trading while the Eurozone countries vote on the Spanish bailout. Overnight the German… Read more

The Euro (EUR) the EUR/USD was once again the laggard overnight with the other currencies all surging higher whilst the single currency failed to break above 1.2300 and we will need to see some positive Eurozone news to spark a more substantial short covering rally…. Read more

The euro (EUR) recorded gains against most of its major counterparts even as the German ZEW economic sentiment and current situation indices came out lower than expected. On other news, Greece remains under pressure to deliver additional spending cuts, while Finland achieved a collateral deal… Read more