EUR Trading Outlook Archive

The Euro (EUR) the EUR/USD fell into Europe before rebounding and rallying above 1.3800 on news taken positively by the markets that the Italian PM would resign to help austerity measures pass. The EUR/GBP rallied to test 0.8600 in a rare rally. EUR/CHF fell back… Read more

The Euro (EUR) The EUR/USD fell aggressively at the start of Europe with traders now closely watching Italy as Italian bond yields surge and political pressure rises on the ruling government. The selling proved short-lived however as many official came out with supportive comments on… Read more

The Euro (EUR) the EUR/USD popped above 1.3800 on Monday morning after news over the weekend that Greece had formed a national unity government to pass the EU bailout deal. The uncertainty still remains however and some negative developments in Italy are threatening to derail… Read more

The Euro (EUR) the ECB cut rates to 1.25% from 1.5% as new President Draghi put his own stamp on the way the central bank was going to be run. The market sold the Euro initially but then bought it up aggressively as stock markets… Read more

The Euro (EUR) The fallout from the referendum burst back onto the main stage at the end of the US session after Merkal/Sarkozy sounded a warning that not accepting the Oct 27 bailout plan would result in Greece leaving the EU. The referendum has been… Read more

The Euro (EUR) the Greece PM surprise decision to take the EU bailout to a referendum is creating uncertainty in the market with the EUR/USD and Euro stocks sold off heavily on the news. The referendum would probably take place in January and the markets… Read more

The Euro (EUR) the EUR/USD crashed through 1.4000 on news that the Greece PM would put the bailout up for a referendum. Widening Italian and Spanish bond yields also added to worries that the EU had not done enough to stop the Debt Crisis. The… Read more

The Euro (EUR) the EUR/USD was under profit taking pressure for most of Friday trade galling back 1.4150 form highs of 1.4250 on Thursday. Concerns about the EU debt plan implementation are still evident and a new high for Italian Yields add caution to the… Read more

The Euro (EUR) EUR/USD broke above 1.4000 in Early Europe and didn&rsquo t look back surging higher to above 1.4200 in the US session. The large gains came as European Debt fears subsided and allowed most crosses to gain including the EUR/GBP which broke above… Read more

The Euro (EUR) the market moved towards 1.4000 on the news of the EU Summit deals but earlier had hit 1.3800 as disagreements spooked the markets. The New Greek deal is reportedly a 50% haircut and also announced was the expansion of the EFSF to… Read more