EUR Trading Outlook Archive

The Euro (EUR) fell against the greenback, led by Industrial Production falling plunging 6.4% for the month of September, an indication of a stagnate economy. The Euro was not aided by a dour 10yr German bond auction which fell short of market expectation, only raising… Read more

The Euro (EUR) initially rallied against the USD to highs of 1.3570 in European trade on news that the IMF would allow countries to borrow as much as 5 times the original value of that country’s quota over 6 months boost sentiment. Yet the market… Read more

The Euro (EUR) initially rallied off lows near 1.3465 to 1.3615, before ending the week closer to 1.3520 as European share markets closed at 6 week lows, with the DAX losing 0.9%. Market sentiment was not aided by comments from German Chancellor Merkel, ruling out… Read more

The Euro (EUR) rallied for much of the trading day, yet erased all profits in late US session. Spanish and French bond auctions saw yields rise considerably, with Spain recording it highest borrowing cost since 1997, resulting in failed to add to investor confidence as… Read more

The Euro (EUR) bond jitters moved to France with their 10 yr debt jumping to their highest spread vs German Bonds since the EU came together. The Euro finished under 1.3500 and is looking heavy as action so far to stop the debt crisis have… Read more

The Euro (EUR) Italian debt spiked above 7.0% and the EUR/USD fell to 1.3500 on reports on new Italian PM struggling to gain consensus on new austerity measures. The Market bounced in the US session as stocks reversed direction and sentiment improved on solid US… Read more

The Euro (EUR) The came under heavy selling pressure after opening on a strong footing after news on the weekend of a new Italian Government. When yields did not fall at the start of Europe the market sold the Euro aggressively and a solution to… Read more

The Euro (EUR) lots of developments are supporting the EUR/USD rally after the crash earlier in the week on Italy debt crisis with the main support the heavy ECB buying in the debt markets. Also supporting was the passing of austerity measures in Italy and… Read more

The Euro (EUR) Euro sentiment improved overnight after testing 1.3500 support in late Asian trade the direction reversed in Europe on easing Italian debt Yields. Talk in the market was the ECB was actively buying Italian bonds and some fresh bonds sold today by Italy… Read more

The Euro (EUR) Europe was in the Eye of the storm and the Euro took the brunt of the Italian debt crisis falling from 1.3800 to 1.3500. Italian debt yield on the 10 year bonds broke above the key 7% level which has sparked bailouts… Read more