Tag Archives: EUR/USD

Daily FX Update

Markets are anticipating a reasonably strong nonfarm payroll release of 240k,

EUR/USD has broken its support at 1.1877 (07/06/2010 low),

EURUSD: So far the market has responded to the bottom line

The main event is the US employment report for December.

While you were asleep Brent oil traded above USD 51, holding on to gains after the price briefly dropped

A slump in German industrial orders in November and a drop in euro zone consumer inflation

EUR/USD remains heavy following repeated fresh 9 yr lows with bears initially focused

The pair started this morning at $1.1793 after overnight losses saw

Oil prices are low, with WTI at $49 and Brent at $51; however today is the first day

EUR/USD has broken its support at 1.1877 (07/06/2010 low),

Dark clouds have continued to mount for the Euro Area, putting pressure on the EUR.

EURUSD: The pair continues to dig deeper into the broad 1.1640/1.1876/1.2042