Tag Archives: EUR/USD

Daily FX Update

Markets are active into the NA open; oil prices have dropped to fresh lows (WTI is below $50),

USD/JPY: USD/JPY and yen crosses has been steadily heading lower,

EUR/USD is trying to bounce near the key support at 1.1877 (07/06/2010 low).

US ISM non-manufacturing is expected to surprise on the downside today

Ahead of the elections in Greece on 25 January,

The fresh 5+ lows Monday reconfirmed bearish pressure and saw overall focus shift to

The pair started at $1.1933 this morning in the Asia-Pacific before it got dragged down to

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

Markets are moving quickly today as EUR kicked off the Asian session with

EUR/USD continues to decline. The strong support at 1.2043 has been broken and

EURUSD: The unexpected (or rather premature given our long term target in the 1.07/11 area)

The euro fell to a nine-year low against the dollar on Monday as bets mounted on a further decline for the currency,