EUR Trading Outlook Archive

The Euro (EUR) heavy selling came through on the Euro after comments from ECB officials that a Greece credit event might stop the ECB accepting the bonds as collateral and have unforeseen spillover effects onto other smaller European countries. Overall the EUR/USD traded with a… Read more

The Euro (EUR) the market initially went higher after the &ldquo strong vigilance&rdquo comments from Trichet signaled the ECB would be raising rates in July. The EUR/USD reversed aggressively when the rest of the comments from Trichet were very dovish and concerns about Greece debt… Read more

The Euro (EUR) fell heavily on profit taking ahead of today&rsquo s ECB rate announcement. The market will be looking for Trichet&rsquo s comments on inflation for the timing of the next rate hike. Also concern for Greece Debt will continue to dominate headlines. Overall… Read more

The Euro (EUR) came under pressure with uncertainty regarding the final bailout package for Greece inspiring profit taking from Friday&rsquo s rally. June Sentix slumped to 3.5 vs. 0.9 previously. The market listed Overall the EUR/USD traded with a low of 1.4556 and a high… Read more

The Euro (EUR) came under pressure with uncertainty regarding the final bailout package for Greece inspiring profit taking from Friday&rsquo s rally. June Sentix slumped to 3.5 vs. 0.9 previously. The market listed Overall the EUR/USD traded with a low of 1.4556 and a high… Read more

The Euro (EUR) surged above 1.4600 late in the day after hitting day lows post US data. The market is positioned to resume the uptrend back towards 1.5000 with the Euro seen as passing the &lsquo Greece test&rsquo . The crosses are all very strong… Read more

The Euro (EUR) was the strongest currency in the market able to rebound to fresh multi week highs on talk a Greece solution was close. This combined with the US Debt rating news to help the EUR/USD break above 1.4500. ECB President Trichet spoke overnight… Read more

The Euro (EUR) traded at fresh weekly highs in Europe before slumping on risk aversion due to the sharp fall in US stocks. May PMI Manufacturing fell further on revisions to 54.4 vs. 54.6 initially. EUR/CHF slump towards fresh all-time lows near 1.2000 on continued… Read more

The Euro (EUR) hit highs above 1.4400 on the back of the growing belief more bailout funds for Greece would be available and default would be avoided. German May Jobless fell 8k and the Unemployment rate fell to 7.0% from 7.1% previously. Overall the EUR/USD… Read more

The Euro (EUR) was under pressure initially on weekend reports of Greece not hitting budget cuts required to receive bailout money. This was reversed sharply on the German sentiment shift reports late in the day that Greece would receive support without restructuring. Overall the EUR/USD… Read more