Tag Archives: EUR/USD

Eye-Opener: ECB detailing of QE caused gyrations, upside risks to payrolls

As expected, yesterday’s ECB meeting provided a lot of QE details.

Losses have continued following last week’s break below $1.1260 with

The pair opened in Asia at $1.1031, and marked an early $1.1024 to

The EUR stayed near its 11-year low at 1.106 ahead of the ECB meeting.

Focus will be on the ECB meeting, although it is expected to

Rates and the oil price barely moved yesterday while the S&P 500 went down 0.4%.

Following Thursday’s break of the key $1.1260 support the EUR/USD has

The pair started in Sydney this morning at $1.1078, toward the lower end

The USD regained strength after overnight consolidation.

Euro-area retail sales are expected to have continued to increase in

US stocks retreated (S&P 500: -0.5%) yesterday after the Nasdaq index on

Following Thursday’s break of the key $1.1260 support the pair has remained