EUR Trading Outlook Archive

The euro (EUR) plummeted against the dollar sliding to a four-month low at 1.2655 from 1.2748 as risk aversion dominates the markets. World equities tumbled as investors fear that Greece may leave the euro after the second election in the country in June. Poor economic… Read more

The Euro (EUR) the EUR/USD reversed from year lows under 1.2700 as the fear of Greece leaving the Eurozone subsided and profit taking lifted the major back to 1.2750 but is still under downside pressure. The G8 meet on the weekend and the EU Debt… Read more

The euro (EUR) recorded losses against most of its major counterparts as the news from Greece heightened risk aversion. The final round of talks on forming a coalition government yesterday produced no breakthrough. The debt-ridden nation will now proceed with new elections in June. As… Read more

The Euro (EUR) the EUR/USD broke 1.2900 at the open in Asia as it looked like there will be no Greece deal over the Weekend and the selling continued overnight as ministers in Europe noted that Greece can leave the EU and that no aid… Read more

The Euro (EUR) the EUR/USD is constantly in play with the Greek political drama continued unresolved over the weekend and the German leader Merkal coming under pressure herself as local elections see her conservative party’s support base drop dramatically. The mood change sweeping through Europe… Read more

The Euro (EUR) the EUR/USD consolidated the Wednesday selloff in a tight range 1.2925 – 1.2975. The outlook is for more downside as the issues in the Eurozone fester and the stock markets struggle on slowing global growth indications.

The Euro (EUR) Spain nationalized a large bank overnight and we saw continued political pressure from Greece pushing the EUR/USD below 1.3000 and then key support at 1.2950. The downside was limited however and the market had little follow through. The lack of movement is… Read more

The Euro (EUR) focus has swung back to the Europe and the Greece elections continuing to have negative effects on the market. The Greece political stalemate is unlikely to end shortly and the uncertainty will likely lead to more selling. Major support is seen at… Read more

The Euro (EUR) the EUR/USD opened under 1.3000 but we saw the level retaken going into Europe and we moved back to 1.3050 by the close. The Outlook is mixed but the EUR/USD is still showing signs of resilience in the face of so many… Read more

The Euro (EUR) the EUR/USD was under pressure Asia breaking below 1.3000 and then falling to 1.2960 as French and Greece elections over the weekend created fresh risks to the Eurozone. The new French President has stated he wants to focus on growth and not… Read more