Tag Archives: EUR
EUR Mid-day Analysis
The Euro starts out with another new high for the move and the highest level since January 27th and thebrunt of those gains are probably the result of better than expected growth news from both Germany and
EUR Mid-day Analysis
The brunt of the rise in the Euro this morning appears to be the result of a down shift in sentiment towardthe US Dollar. Even more surprising is the gains in the Euro this morning are being made in the
EUR Mid-day Analysis
The Euro hasn’t been able to garner a definitive windfall from the improvement in overall macro economicconditions this week and that is probably the result of the sharp run up
EUR Mid-day Analysis
The Euro has forged another higher high for the move and in turn has reached the highest level sinceJanuary 29th.
EUR Mid-day Analysis
The Euro continues to win by default as weakness in the US economy is hardly the foundation for asustained rally in the Euro. As suggested in the Dollar coverage this morning, residual windfall from
The Week Ahead in FX
In the week ahead, Fed Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report in Washington. Her comments will be closely watched.
Weekly CFTC Trader Positioning Data
• Shifting risk appetite, ISM-related concerns over the pace of US growth, and central bank-driven positioning were the key themes driving sentiment this week.
EUR Mid-day Analysis
The Euro has started out weaker today in the face of a decline in German December Industrial outputfigures and also because of initial strength in the Dollar.
Euro area: European – not German – judges to decide on ECB bond buying
The German Constitutional Court will not rule on the ECB’s bond buying programme that has been essential for calming down European financial markets. It referred the case to the European Court of Justice, which is unlikely to stop it.
EUR Mid-day Analysis
While the Euro is holding around unchanged levels, the track of the Euro is likely to favor the downside inthe aftermath of the ECB meeting where the threat of deflation is expected to be left in place by inaction.
Italy Considering Suing S&P For Downgrade
Italy is threatening to sue the credit ratings agency Standard & Poor’s for failing to value its historical and cultural treasures.
EUR Mid-day Analysis
While the Euro doesn’t look to be in a definitive upward track on the charts, mostly positive action inEuropean equities might provide a cushion for the Euro to start the Wednesday trade.