EUR Trading Outlook Archive

The Euro (EUR) the EUR/USD did well to remain at the 1.3900 handle overnight with the headlines out of the EU summit still showing fractures. Concerns are building over Italy&rsquo s ability to pass further austerity measures. German Consumer Confidence remained steady at 5.3 in… Read more

The Euro (EUR) as we approach Wednesday&rsquo s deadline we find the market optimism continuing to grow that a substantial rescue plan is about to be announced. Germany&rsquo s Merkal overnight has been reported as asking for a leveraged bailout fund to the amount of… Read more

The Euro (EUR) with sentiment improving on Friday the market bought up the Euro aggressively but this is being pared back on Monday as some disagreements on the Grand Plan bailout emerged over the weekend. France has withdrawn demands for the ECB to be used… Read more

The Euro (EUR) the main source of market volatility continued with focus on political wrangling ahead of the weekend summit. The main players are the German and French leaders and the Greece parliament given the ongoing rioting in Greece. The EUR/USD dipped below 1.3700 before… Read more

The Euro (EUR) traded day highs in Europe but reversed lower later in the day on talk Sarkozy had flown to Berlin for emergency talks after differences over aspects of the new debt plans hit issues. News late in the day that the money set… Read more

The Euro (EUR) continued selling in Europe saw the EUR/USD below 1.3700. The mood changed dramatically after a report in UK guardian that France and Germany had reached an agreement. This deal was denied a few hours later but the Euro was already back above… Read more

The Euro (EUR) was hit hard by the German comments with the overbought EUR/USD reversing from 1.3900 to 1.3750. The market was looking for a reason to correct lower after 9 days of steady gains. The market is still expected quite aggressive news from the… Read more

The Euro (EUR) broke above 1.3800 in the European session and tested 1.3900 as the recovery rally extended on hopes that the G20 and EU would create a Grand Plan to solve the debt crisis gripping the continent. Traders are looking to the October 23rd… Read more

The Euro (EUR) fell back to 1.3700 in quiet trade before reversing in the US session back to 1.3800 ahead of the G20 meeting starting today. German CPI forecast at 0.1% vs. 0.1% previously. Banks in Europe continued to come under pressure overnight after downgrades… Read more

The Euro (EUR) broke 1.3700 and quickly shot above 1.3800 in Europe as the roadmap was release and investor risk appetite improved. August Industrial Production gained 1.2% vs. -0.7% forecast and also added to the positive feel overnight. Looking ahead, German CPI forecast at 0.1%… Read more