Tag Archives: EUR
Bigger crises have had more innocuous beginnings
– Watch for any breach of the ‘the firebreak’ that exists between large C/A deficit and surplus countries.
EUR Mid-day Analysis
The September Euro remains under moderate pressure this morning after making a sharp downside turn over the past few hours.
Europe – US data disappoints. FX majors have quiet start to wk
Today, the August reading of the German IFO is released (9am BST). The lift in the German PMIs in August suggest further improvement in the IFO is likely.
EUR Mid-day Analysis
The September Euro may be finding mild pressure this morning, but has generally held its ground after last week’s choppy and volatile trading pattern.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to revised data on U.S. second quarter growth, as well as reports on the housing sector and consumer confidence.
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Growth and Fed Tapering • Existing home sales rose more than expected in July,
EUR Mid-day Analysis
The September Euro has also calmed down after a bumpy ride this week, and while more than 1 cent below Tuesday’s 6-month highs
GOOD NEWS from Germany: Consumption is the main growth driver
Last week, we learned that German GDP increased by 0.7% over the quarter in Q2. Detailed data published today presented no surprise but
EUR Mid-day Analysis
The September Euro remains well into negative territory in spite of this morning’s positive economic data from the region.
EUR Mid-day Analysis
The September Euro continues to slide back from new 6-month highs this morning, as yesterday’s upside breakout may have been “too high,
EUR Mid-day Analysis
The September Euro remains fairly well supported this morning, in spite of some sluggish risk appetites throughout global markets,
EUR Mid-day Analysis
The September Euro was able to shake off early pressure and post moderate gains this morning, as positive comments from the Bundesbank helped to