EUR Trading Outlook Archive

The Euro (EUR) highs were seen in Europe above 1.4400 but the market was volatile after the vote with concerns that a debt rollover would be still a credit event. The market was strong into the US close though and near day highs with stock… Read more

The Euro (EUR) in the back drop of protests in Greece optimism is still strong that the austerity budget will pass. Also helping is talk the French/German banks will participate in a voluntary debt rollover to help give Greece further breathing room. Overall the EUR/USD… Read more

The Euro (EUR) while the market waits for the Greek Austerity vote on Wednesday speculation that a Debt rollover will find support from private stakeholders and comments that China will support the Eurozone helped the EUR/USD rebound back to 1.4300. Overall the EUR/USD traded with… Read more

The Euro (EUR) continued uncertainty and risk off trading sent the EUR/USD plummeting down to 1.41 levels before news that IMF/EU had agreed to a 5 year austerity plan helped all markets rebound quite aggressively. The news could potential end the turmoil roiling the Europeans… Read more

The Euro (EUR) The afterglow of the positive confidence vote for Greece PM ended in Asia and profit taking was seen ahead of the US FED decision. The neutral FOMC statement helped the Dollar to rally and weak stocks added to the downside pressure. EUR/GBP… Read more

The Euro (EUR) the Greece story continued to dominate the market news with skepticism in Asia met with a flurry of supportive official comments from the EU. The Greece PM faces a confidence vote on Tuesday that&nbsp could prove pivotal in passing the Austerity measures… Read more

The Euro (EUR) hopes that the EU finance meeting would produce a new deal on Greece debt were helped by softer comments from Germany&rsquo s Markel on the subject of voluntary participation in rolling over debt. Overall the EUR/USD traded with a low of 1.4125… Read more

The Euro (EUR) the riots in Greece combined with news Moody&rsquo s placed three major French Banks for possible downgrade review. Support at 1.4400 broke quickly and the pair continued to plummet to fresh month lows under 1.4200. April Industrial Production rose 0.2% m/m as… Read more

The Euro (EUR) negative Greece bailout news continued to hamper gains with a test of 1.4500 rejected and the major pulling back to opening levels late in the US session. EUR/GBP bounced to above 0.8840 before once again sellers regained control to push the cross… Read more

The Euro (EUR) was able to rally even as Greece was downgraded to the lowest possible rating with the slew of recent downgrades no longer having a major impact. The rally late in the day on US stocks allowed short covering back above 1.4400 but… Read more