Tag Archives: EUR
EUR Mid-day Analysis
The Euro is back in favor as the trade has taken the latest cycle of global PMI results and has come to theconclusion that the Euro has a slight macro-economic edge.
EUR Mid-day Analysis
The headlines overnight tout a long slow recovery process in the Euro zone and that restrains the upwardtilt in the Euro. Another issue that might thicken overhead resistance in the Euro,
EUR Mid-day Analysis
While the June Euro has been able to respect support of 1.3800 it would appear as if the upsidemomentum seen in early April has waned and that the Euro is fighting a liquidation wave.
Westpac: What To Buy & What To Sell This Week?
Westpac G10 FX model portfolio opens a decent long USD exposure for the week ahead, triggered by a long USD signal from its US surprise index model.
The Week Ahead in FX
In the week ahead, market watchers will be focusing on U.S. data on housing and manufacturing activity, while manufacturing data from China will also be closely watched.
EUR Mid-day Analysis
Just as the Dollar needs stellar data to hold value, the Euro apparently needs next to nothing to catch abid. In fact, the Euro is on the rise this morning because of a slight reduction in
Altering our FX forecasts to reflect longer-duration weakness in the USD
We have decided to fundamentally change our USD view. We now donot expect the USD to significantly strengthen until the real Fed Fundsrate turns positive in early 2016 (chart 1).
EUR Mid-day Analysis
Surprisingly the Euro is tracking higher today in the face of revived Euro zone deflation fears. With theEuro rising and facing potentially positive US scheduled data flows later this morning,
EUR Mid-day Analysis
The Euro comes under additional liquidation pressure from the April German ZEW figures but the Euro isprobably seeing some added pressure from classic technical selling on
EUR Mid-day Analysis
The Euro has already seen a noted range down washout on the charts with several EU officialssuggesting easing might be required to deflate the Euro exchange rate that should embolden the bear camp.
The Week Ahead in FX
In the week ahead, market watchers will be focusing on speeches by Fed Chair Janet Yellen, as well as reports on U.S. retail sales and housing starts.
EUR Mid-day Analysis
While the Euro managed a fresh upside breakout overnight, paying up for the Euro so far off its recentlows and in the face of threats of a halt in natural gas flows seems to be precarious.