Tag Archives: EUR
EUR Mid-day Analysis
Given the potential headwinds from this morning’s Euro zone economic data, the Euro is holding up fairlywell by showing moderate losses early this morning.
EUR Mid-day Analysis
Expectations that the ECB will remain “on hold” with fresh easing measures after their November rate cutmove has been a key source of support during the Euro’s recent up move,
EUR Mid-day Analysis
Although holding its ground in positive territory, the Euro has fallen back from its overnight highs as lastweek’s upside breakout may finally be running out of steam.
The Week Ahead in FX
In the week ahead, the U.S. is to release what will be closely watched data on retail sales, while rate announcements by the Reserve Bank of New Zealand and the Swiss National Bank will also be in focus.
EUR Mid-day Analysis
With the ECB meeting in its rear-view mirror, the Euro has held onto a large portion of Thursday’s upsidebreakout heading into this morning’s trading.
EUR Mid-day Analysis
While an overnight rally took the Euro to a fresh 5-week high last night, the market has given back a largeportion of early gains in front of today’s ECB meeting.
EUR Mid-day Analysis
Mixed results from the region’s economic data continues to thwart the Euro’s ability to revive its recentuptrend, as the market is still well below last Wednesday’s high for the
EUR Mid-day Analysis
After being unable to put any near-term brakes on this morning’s sharp downdraft, the Euro remains wellbelow the 136.00 level and its 50-day moving average coming into this morning’s trading.
Signs of an exhausted €. CAD continues to weaken.
EUR/USD: Each and every day the market is coming closer and closerto the 1.3645 mid body (of the weekly falling benchmarkcandle key five weeks ago) resistance.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report for November, amid expectations that the Federal Reserve will start to
EUR Mid-day Analysis
The December Euro has managed a fresh upside breakout on the charts overnight and in turn hasreached the highest level since October 31st.
EUR Mid-day Analysis
While it still has to overcome mixed commentary from ECB officials, the Euro appears to have found itsfooting and is posting moderate gains this morning.