EUR Trading Outlook Archive

The Euro (EUR) did well to end at 1.4500 overcoming lingering debt concerns and the initial Bernanke disappointment. EUR/GBP was a noted outperformer surging to 0.8850. Looking ahead, German CPI forecast at 0.0% vs. 0.4% previously.

The Euro (EUR) tested the bottom of the recent range at 1.4350 with the EUR/USD sold off on German short selling ban rumors which were later denied. German GFK Consumer Confidence dropped with to 5.2 as expected. Looking ahead, German July Import prices gained 0.1%… Read more

The Euro (EUR) a rally into Europe failed to hold onto gains and the market finished at 1.4400 in a very mild trading day ahead of Bernanke&amp rsquo s speech on Friday. August German IFO slipped to 108.7 vs. 112.9 previously. June EU industrial Orders… Read more

The Euro (EUR) the Euro rallied to 1.4500 and found resistance before falling back into the close but in on a strong footing with risk appetite improving lately. August PMI Manufacturing at 49.7 vs. 49.6 forecast and services PMI at 51.5 vs. 51 forecast. There… Read more

The Euro (EUR) the Euro rallied with positive sentiment in Asia and Europe even with the Gaddafi regime near toppling. The gains reversed for a relatively mild trading day into the US close. The market is awaiting more news from the US fed while the… Read more

The Euro (EUR) the Euro was well supported even in risk aversion with EUR/CHF buying supporting. The buying into the US session was aggressive and caught the market short with a move from 1.4300 to 1.4450. The weakness in US stocks then acted as a… Read more

The Euro (EUR) the Euro slumped on fears that large banks in the Eurozone were having funding issues. EUR/CHF and EUR/JPY led the major lower which found support at 1.4300 eventually. The ECB is continuing to support bonds in the debt market which is at… Read more

The Euro (EUR) the Euro fell to 1.4350 on sharp EUR/CHF selling post SNB but then found support to continue its rally for another day to 1.4500. The Euro failed to hold onto these gains though and pulled back into the US close. July CPI… Read more

The Euro (EUR) the market was heavy in early Europe with Q2 GDP disappointing in both Germany and the Eurozone as a whole. EU Q2 GDP at 0.2% vs. 0.3% forecast. The market found support in the Merkal-Sarkozy press conference but the gains did sustain… Read more

The Euro (EUR) the Euro surged above 1.4400 with the rally in global stocks extending for a third day. The market is awaiting some key economic data out today and news from French/German talks currently being held. EUR/GBP is back above 0.8800 with the Euro… Read more