EUR Trading Outlook Archive

The Euro (EUR) found support under 1.4200 and grinded higher to end within striking distance of 1.4300. The stabilizing Eurozone debt crisis is allowing more risk appetite to support the EUR/JPY and EUR/CHF rebound. The outlook this week will be closely linked to the stocks… Read more

The Euro (EUR) was volatile in a 200 pip range between 1.4100 and 1.4300 but finishing well supported with EUR/CHF moving up near 6% on the day after talk the Swiss may peg their currency to the Euro. Eurozone banking stocks bounced after fears subsided… Read more

The Euro (EUR) was under heavy selling pressure for most of the day with the Eurozone Debt Crisis spreading to France where rumors of a downgrade spilled over to French banks which lost over 10% in share price. The Major slipped from 1.4400 in Asia… Read more

The Euro (EUR) the Euro surged against the greenback after the FOMC statement prompted the large stock rally. Resistance at 1.4400 stopped the rally and the market consolidated at highs. The next move will related to whether stocks can maintain gains and the effect this… Read more

The Euro (EUR) remained under pressure due the demand for safe havens pushing the EUR/USD back to 1.4200. Support was found under the figure and support was also found on the EUR/JPY at Y110. The ECB announced it was buying Italian and Spanish bonds but… Read more

The Euro (EUR) opened strong, trading above 1.4400 on the EUR/USD given the US rating downgrade and talk over the weekend that the ECB would expand their bond buying to include Italian and Spanish debt. This initial bounce was reversed during the Asian as the… Read more

The Euro (EUR) enjoyed a rally in the European session after being under pressure most of the week. EUR/CHF was the main source of strength up over 2% on Swiss intervention via its central bank. July PMI services slipped to 51.4 vs. 53.7 previously. The… Read more

The Euro (EUR) Italian debt was in focus we the yield on 10yr bonds continuing to surge higher with investors fleeing the potential next domino to fall. The US stock weakness added EUR/CHF and EUR/JPY pressure and the major slipped towards 1.4150. The EUR/USD traded… Read more

The Euro (EUR) the positive mood from Asia waned in Europe and turned to heavy selling in both stocks and the EUR/USD. June EU Unemployment remained at 9.9%. Italian Debt is in focus after the downgrade of some investments and the EUR/USD tumbled with US… Read more

The Euro (EUR) concerns about the EU debt crisis continue to remain close to the surface with concern overnight after weak Italy bonds. German Unemployment fell 11k in July vs. -13k previously. The major found support under 1.4300. The EUR/USD traded with a low of… Read more