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EUR Daily Review December 1, 2017

EUR Daily Review for December 1, 2017

EUR/AUD Strategy: A Top in Place Below the 1.57 Figure?

The Euro may be preparing to reverse course downward after rising to the highest level in nearly two years against the Australian Dollar.


EUR/USD Weakens on Inflation No-Show

The latest Euro-Zone inflation data will continue to disappoint ECB President Mario Draghi and keep the single-currency under pressure as its peers gather strength.


European Shares Mixed As Firmer Pound Hits FTSE

European stocks were mostly higher on Thursday even as U.K. markets fell for a second consecutive session, tracking further gains in the pound amid signs of progress on the EU’s key Brexit issues, including the Irish border.


European Shares Set To Follow Asian Peers Lower

European stocks look set to open lower on Thursday as a tech-sector selloff and weak oil prices ahead of OPEC’s meeting in Vienna overshadowed positive manufacturing data from China.


European Economics Preview: Eurozone Inflation, Unemployment Data Due

Inflation and unemployment figures from euro area are due on Thursday, headlining a busy day for the European economic news..


EUR/USD: High Conviction Of A Rebound Towards 1.25 In 2018 – Danske

Danske Bank FX Strategy Research discusses EUR/USD outlook, and maintains a bullish bias over the medium-term for a move towards 1.25.”We continue to stress that a 2018 rebound towards 1.25 is on the cards for EUR/USD and crucially stress that upside risks dominate the medium-term outlook with levels around 1.30 justified by valuation.In addit



EUR/USD:Neutral (since 15 Nov 17, 1.1795): In a 1.1780/1.1930 range.EUR touched a high of 1.1960 earlier this week but has since staged a sharp retreat. From here, the prospect for a sustained move above 1.1960 appears to be quite slim. That said, the current pull-back from the high lacks momentum and the price action is viewed as part of a consoli


EUR/USD Price Analysis: Bullish Outlook Mired by Slope Resistance

The focus is on a break of a near-term range to offer guidance with our broader outlook constructive above 1.18. Here are the updated targets


EUR/USD Bulls Respond to CPI-Induced Dip; WTI Tests Bull Flag Resistance

The Euro has been on quite the ride over the past six weeks, and this does not look ready to yet end. What might markets


EUR/USD and GBP/USD Forecast December 1, 2017

The EUR/USD pair initially fell during the trading session on Thursday, but found enough buying pressure near the 1.18 level to turn around and rally. By doi…


EUR/GBP Technical Analysis: Down Trend Starting to Resume?

The Euro broke support guiding it higher against the British Pound through November, hinting the dominant down trend may be resuming.


Eurozone Inflation Rises, Jobless Rate Lowest Since 2009

Eurozone inflation increased in November, largely due to higher energy prices, flash data from Eurostat showed Thursday, supporting the cautious approach adopted by the European Central Bank.


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