Tag Archives: EUR/USD

Will weaker EMs translate into renewed dollar strength?

EUR/USD over 1.1661 would hint of a near-term “Head & shoulders” bottom formation (ideally targeting 1.1820).

Markets will stay alert to any hints on a likely ECB QE announcement on Thursday.

Asian stocks are on the rise on the back of fairly strong Chinese GDP numbers this morning.

Fresh 2015 and 11+ year lows Friday saw the EUR/USD dip below the

The pair started this morning at $1.1606 following yesterday’s $1.1546 to $1.1639 range.

EUR/USD: Momentum strongly pro-decline, but euro significantly oversold.

Curbs on margin accounts in China has weighed heavily on Chinese equities, but is contained;

EUR/USD has broken the key support at 1.1640 and has moved below

Today’s highlights: USDCAD is vulnerable to a near-term correction to 1.1910,

In FX, USDJPY edged lower to 117.08 but most G10 pairs were steady.

EURUSD: The pair initially extended the decline down to 1.1459 before

US markets are closed due to Martin Luther King day.