EUR Trading Outlook Archive

The Euro (EUR) the EUR/USD enjoyed a second day of rare gains up to 1.2270 after stocks continued to rally and fears eased that the Debt crisis was spirally out of control. The USD weakness from the growing FED easing speculation also helped underpin the… Read more

The Euro (EUR) large buying spooked the shorts on Friday and we saw a sharp rally from 1.2170 to 1.2250. Strong US Stocks supported the move higher and closed near highs. The EUR/GBP and EUR/AUD showed that the Euro was still lagging however with both… Read more

The Euro (EUR) broke through 1.2200 but was able to find support at 1.2160 and we nearly closed the day out above 1.2200 in the US session. The relief was short-lived however as after the bell we saw Italy downgraded by 2 notches by Moody… Read more

The Euro (EUR) the EUR/USD hit fresh lows once again overnight with bounces proving very short-lived and the pair hit new 1.2210 lows. The downtrend is firmly in place but the market is heavily short and it would not take much to spark a short… Read more

The Euro (EUR) the German news added to an already shaky sentiment and a small relief rally was reversed in Europe down to 1.2225 before stabilizing at 1.2250. The EUR/JPY is on a steady downward trend falling to Y97 and is concerning to Japanese Official… Read more

The Euro (EUR) some supportive comments from ECB members and a lack of follow through on the downside prompted profit taking on Monday with the single currency closing above 1.2300. The outlook is still negative while bond yields remain high and the EU members ratify… Read more

The Euro (EUR) EUR/USD moved lower as the downtrend continued with 1.2300 broken after the NFP. EUR/JPY was a bigger mover down to Y97.50 and will be closely watched in Asian trade today. EUR/GBP is still holding in the lower 0.7900 area with the GBP… Read more

The Euro (EUR) the break of 1.2500 was sharp with very little support seen under the figure as the EUR/USD slid to 1.2350 by the start of the US session. Consolidation then prevailed but the market is in now looking at the 1.2300 low from… Read more

The Euro (EUR) the EUR/USD eased back towards 1.2500 as yields began to creep higher in Spanish and Italian debt. Germany’s Merkel once again stated here opposition to the Eurobond idea whilst the Italian PM voiced his support for the idea.

The Euro (EUR) the EUR/USD was pivoting the 1.2600 level with little movement except for a pullback in the European session to 1.2560 and rally to 1.2630 in the US session. The outlook is mixed still with EU Pact still to be ratified by most… Read more