Weekly

General Commentary Last Week’s Currency Trading Review: The EUR/USDeased by 18 points after the release of the ECB monthly report which seemed to indicate that more stimulus would be forthcoming from the central bank. The currency is trading at 1.3623. Today’s ECB Monthly Report repeated the latest monetary policy statement,… read more

General Commentary Last Week’s Currency Trading Review: The EUR/USD gained this week to close at 1.3634 as the US dollar tumbled on lackluster economics data which pushed the greenback to a recent low. The U.S. dollar edged lower on Friday against a basket of major currencies and looked set for… read more

General Commentary Last Week’s Currency Trading Review: The EUR/USD bounced around all week to end at 1.3588 more or less where it started out the week. The US dollar gained momentum and then turned downward this week on steady The U.S. currency had the biggest weekly decline against the euro… read more

General Commentary Last Week’s Currency Trading Review: The EUR/USD eased most of the week after the ECB announcement the week before. The pair is trading at 1.3537. When the European Central Bank announced its new policy measures last week, most of the commentary focused on the introduction of negative interest… read more

General Commentary Last Week’s Currency Trading Review: The EUR/USD continued to decline ahead of the June ECB meeting where it is expected that the bank will offer some new form of stimulus to help the economy as inflation continues to decline, manufacturing and GDP falter. The euro closed at 1.3632after… read more

General Commentary Last Week’s Currency Trading Review: The EUR: TheEUR/USDtumbled this week to 1.3706 as it became more likely that the ECB would add stimulus after a disastrous GDP print. In Europe, France, Germany, Italy, and the general Eurozone are also releasing GDP numbers that are expected to reflect a… read more

General Commentary Last Week’s Currency Trading Review: The EUR: TheEUR/USD tumbled from 1.3994 to close the week at 1.3767 after Mr. Draghi talked down the euro after the ECB held rates and policy. Mario Draghi more or less promised stimulus in June if growth had not accelerated along with inflation…. read more

General Commentary Last Week’s Currency Trading Review: The EUR: The EUR/USD ended the week at 1.3876 after opening the week at 1.3839. The currency rose steadily this week as eurozone CPI and unemployment data gave the ECB a chance to duck out on adding additional stimulus. Economics have revised higher… read more

General Commentary Last Week’s Currency Trading Review: The Euro: The EUR/USD closed the week at 1.3836 gaining steadily all week after traders listened to more rhetoric from ECB officials and Draghi. There were virtually no expectations of any shifts by the U.S Fed at their policy meeting on Tuesday and… read more

General Commentary Last Week’s currency trading review: The Euro: The EUR/USD closed the week at 1.3897 unable to sustain the 1.39 price which triggers technical selling each time prices break over. There is no reason for the euro to remain so strong, but the success of the Greek bond sales… read more