EUR Trading Outlook Archive

The Euro (EUR) articles emerged talking about German officials looking to sure up local banks in the event that Greece goes bankrupt. EUR/USD slumped under 1.3700 with little support from crosses except the EUR/CHF which continued to hold above 1.2000. August German CPI increased to… Read more

The Euro (EUR) the Euro fell heavily after the ECB meeting which held at 1.5%. President Trichet downgraded the inflation and growth outlooks in the post meeting press conference and this saw the EUR/USD fall below 1.4000 in heavy selling. Looking ahead, August German CPI… Read more

The Euro (EUR) rallied on a combination of positive German court news and economic data. July Industrial Output at 4% vs.0.5% previously. In debt crisis news Italy and Spain are pushing through austerity budgets but the market will now look to ECB meeting and statements… Read more

The Euro (EUR) the EUR/USD spiked higher to above 1.4200 on the EUR/CHF move before reversing on the debt crisis fears to break 1.4000. EUR/CHF held above the 1.2000 level outlined by the SNB but the market is so far very cautious to push higher…. Read more

The Euro (EUR) the Euro led the market lower falling against most currencies with EU debt concerns dominating ahead of the ECB rate meeting on Thursday. July Retail Sales increased 0.2% vs. -1.2% previously. EUR/CHF and EUR/JPY fell heavily with the risk off environment. Looking… Read more

The Euro (EUR) the Euro remained under constant pressure with EU debt concerns compounded by risk aversion in the US to push the EUR/USD back under 1.4200. The outlook is weak for the other safe haven crosses with lots of selling pressure on EUR/JPY and… Read more

The Euro (EUR) the euro searched for support under 1.4300. The market then consolidated into the close ahead of today&amp rsquo s US data. A poor Spanish Bond auction kept the sentiment poor. August Manufacturing PMI slipped to 49.0 vs. 49.7 previously. German Q2 GDP… Read more

The Euro (EUR) continued easing throughout the day with more negativity seen on the back of European bank capital concerns and Greek recession worries clouding the outlook. German Unemployment change was -8k vs. -10k previously. Support was found at 1.4350 but sentiment is fragile. Looking… Read more

The Euro (EUR) the Euro underperformed on a number of negative stories. The FT had an article widely talked about suggesting the ECB will reevaluate the inflation risk and thus no need to raise rates. Also increase grumbling out of Germany regarding the Bailout of… Read more

The Euro (EUR) was mixed with support from strong stocks and talk of a radical recapitalization plan for European banks. This was tempered by talk of political resistance to European bailouts in Germany and Court challenges to the current bailouts proposed. Looking ahead, August Business… Read more