EUR Trading Outlook Archive

The Euro (EUR) the initial reaction to the announcement that only the Euro currency 17 would be signing up to a new treaty after UK vetoed caused slight panic in the market but the Europeans reaction was more subdued and they seemed confident the new… Read more

The Euro (EUR) the rally above 1.3450 was brief and the reversal very sharp with traders disappointed that no new measures were announced and the skeptical that the EU leaders would be able to work out a new deal at their 2 day summit finishing… Read more

The Euro (EUR) the Euro rallied to 1.3450 at the start of Europe on optimism a major announcement would be announced in the coming days to support the Eurozone from both the ECB and EU leaders. The Rally was sold however with some conflicting headlines… Read more

The Euro (EUR) the EUR/USD found support at 1.3360 and grinded higher for the rest of the day as the market continued to be optimistic. Q3 GDP was confirmed at 0.2% Q/Q and German Industrial Orders surged at 5.2% vs. 0.8% forecast. The outlook is… Read more

The Euro (EUR) The Euro traded towards 1.3500 as the markets took the new unity between Germany and France as a positive sign for this week’s EU summit where they will push for treaty changes that may open up new measures to end the Debt… Read more

The Euro (EUR) the market is looking towards meetings this week between France and Germany as they push forward towards a new EU fiscal union that might provide a longer term solution to the Debt Crisis. Reports over the weekend that the ECB was preparing… Read more

The Euro (EUR) recorded subdued gains, despite local share markets easing in what appeared to be thin trading, as the FTSE eased 0.3% and the DAX lost 0.9%. The single currency was boosted by confident auctioning of French, Italian and Spanish 10-yr bonds. The Euro… Read more

The Euro (EUR) rallied from lows of 1.3255 seen in Asia before news of unilateral central bank efforts to reduce dollar funding costs pushed the Euro to highs of 1.3530. In domestic stock markets, European shares also rallied sharply with the FTSE up 3.2%, whilst… Read more

The euro edged lower today trimming some of its gains as investors appear cautious over the eurozone officials’ plan to resolve the growing debt problems in the region. Eurozone finance ministers agreed to boost the firepower of the European Financial Stability Facility with 250 billion… Read more

The euro edged lower on Friday in thin holiday trade after a weak Italian bond auction. Italian government bond yields soared to euro-era highs climbing above 8%. Investors fear about the country’s ability to raise funds from the market at affordable rates and the consequences… Read more