EUR Trading Outlook Archive

The Euro (EUR) the Euro pulled back sharply with Cyprus and Greece downgraded and comments from the German Fin min that the debt crisis is not over. German CPI climbed 0.5% m/m but is not expected to remain at the elevated levels. Overall the EUR/USD… Read more

The Euro (EUR) the Euro was the main gainer from the US Debt issue and closed above 1.4500 in a strong technical break higher. Stock markets are under pressure but the usual safe haven demand for the Dollar is not there with CHF and Yen… Read more

The Euro (EUR) the Euro was well supported even with stocks down as the market is wary of buying the USD while the debt debate rages on in Washington. Moody&rsquo s downgraded Greece once again and warned of investor losses from the EU rescue plan…. Read more

The Euro (EUR) broke below 1.4400 but found support and finished close to the figure even as rating agencies looked over the Greece debt deal to decide whether it was a default or not. German IFO fell back to 112.9 vs. 114.5 previously on global… Read more

The Euro (EUR) fell to 1.4150 in early European trade before staging a remarkably rally on the Greece plan announcement and trading above 1.4400. EUR/JPY and EUR/GBP both enjoyed good gains in a broad Euro rally. In addition to assisting Greece we saw interest rates… Read more

The Euro (EUR) the Euro was quiet, consolidating ahead of the today&amp rsquo s important economic summit in which a new Greece deal may be announced. The potential of disunity without the Union is another issue that traders will be closely watching. Overall the EUR/USD… Read more

The Euro (EUR) the Euro gained to the 1.4200 level on the back of the positive sentiment change and some progress on the second Greece Bailout plan ahead of Thursday EU Summit. German ZEW was poor falling to -15.1 vs. -9 previously. Overall the EUR/USD… Read more

The Euro (EUR) hit lows in Europe before stock markets rebounded and hope grew an EU meeting on Thursday will announce an immediate package to support Greece. The market is still very cautious of a contagion in the Debt crisis with Spain/Italy still under pressure… Read more

The Euro (EUR) was contained to the 1.4100 figure with the EU Bank stress test showing 8 failing banks being countered by the passing of the Italian Austerity budget. Ongoing concerns about the future of Greece and the EU as a whole is putting a… Read more

The Euro (EUR) fell back under 1.4200 as the Dollar selling on the Moody&amp rsquo s downgrade ran out of steam. With Bernanke stating FED not yet ready for action the market tested lower 1.41 levels. EUR/GBP is under heavy selling pressure with Pound outperformance… Read more