EUR Trading Outlook Archive

The Euro (EUR) selling accelerated on Friday with the major testing 1.2700 before stabilizing but slipping to fresh all-time lows against the AUD. EUR/JPY selling also added to the downside pressure with the pair slipping below Y98 and still searching for support. More negative news… Read more

The Euro (EUR) the down trend continued with the major slipping below 1.2800 and staying under the figure for the rest of the trading day. EUR/JPY also continued lower with a test of Y98.50 at lows. The Euro weakness is broad with the EUR/GBP slipping… Read more

The Euro (EUR) Debt concerns resurfaced after reports that Spain was looking for loans form the EFSF to recapitalize its banks. Also adding to the heavy selling EURO was the Italian Bank Unicredit which has looked to raise funds at a 43% discount from its… Read more

The Euro (EUR) broke above 1.3000 with the change in sentiment clear from the start of the day in Asia. The market is still heavily short and good news has the chance to spark a relief rally with 1.3300 seen as a possible target for… Read more

The Euro (EUR) the Euro kept to a 50 pip range with slow movement for most of the day. The ongoing Eurozone debt crisis is still the main story in the markets and more debt auctions this week could set the tone for the rest… Read more

The euro edged lower today on the first trading day of 2012 and expected to remain under pressure weighed by the eurozone debt crisis. Investors are expecting to see whether this year will be the year when eurozone leaders work towards a fiscal integration or… Read more

The Euro (EUR) with bond auctions failing to sell the full allotment the market sold EUR/USd down to 1.2860 supports before reversing with positive US stocks and profit taking ahead of the last trading day of the year. Some support was also seen from reports… Read more

The Euro (EUR) bond auctions for short term Italian debt were successful but the bounce was short lived and heavy Euro selling later in the US session sent the major through 1.3000 and new multi-month lows near 1.2900. The outlook is now negative technically but… Read more

The Euro (EUR) range trading continued with little interest to move above 1.3100 or below 1.3000. Traders are waiting for Italian Bond Auctions later this week to see how demand fairs. EUR/CHF is holding above 1.2200 for now could edge higher if support continues to… Read more

The Euro (EUR) stayed in a 30 pip range up first then back down to opening levels at the close. Some focus is on news reports that Spain’s economy had slipped into recession could cause caution as traders come back to the market today. Further… Read more