Tag Archives: EUR

EUR Mid-day Analysis

Following an extremely oversold spec positioning in the last COT report,

The UK Prime Minister over the weekend warned of a return to recession in the Euro zone

In the week ahead, investors will be focusing on Wednesday’s minutes of the Federal Reserve’s October meeting and

Bullish USD sentiment stabilized at $45bn this week; with mini‐mal week‐over‐week changes.

If the Euro were poised to bottom one might have expected a more significant recovery action off the

It could have been worse. With GDP growth of 0.2% q/q in Q3, the Euro-area economy grew a bit more

The Euro is finding moderate strength, but remains well inside of Wednesday’s trading range and

The Euro continues to have trouble sustaining a move above the key 1.2500 level,

The recent short covering bounce in the Euro clears the road technically for

After seeing the non-reportable positioning in the Euro hit a fresh all-time record short reading it wasn’t surprising to

In the week ahead, investors will be looking ahead to Friday’s report on third quarter growth from

The market continues to build its bullish USD position, drivingthe net position to a fresh high of $45.7bn;