Tag Archives: S&P

Will weaker EMs translate into renewed dollar strength?

EUR/USD over 1.1661 would hint of a near-term “Head & shoulders” bottom formation (ideally targeting 1.1820).

Markets will stay alert to any hints on a likely ECB QE announcement on Thursday.

EURUSD: The pair initially extended the decline down to 1.1459 before

US markets are closed due to Martin Luther King day.

The SNB can’t match the ECB. On 15 January, the Swiss National Bank has removed the 1.20 threshold on EUR/CHF.

EURUSD: The second attempt (with a little help from SNB) lower became

Focus will be on US data. We expect headline CPI inflation to have eased

EURUSD: The pair initially fell down from the past week’s congestion

In Europe the most interesting release is German GDP for 2014,

EUR/USD still in range – watch both 1.1753 & 1.1871…

At 09:30 CET the EU Court of Justice will give a non-binding opinion

The dollar stays in demand… EUR/USD outside 1.1762-1.1871 tells direction…