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EUR Daily Review December 5, 2017

EUR Daily Review for December 5, 2017

Euro-Zone Sentiment Slips Lower on German Politics

The latest Euro-Zone Sentix indicator slips lower, breaking the recent uptrend, with Germany for once leading the way lower.

 

Recent Developments in Trader Sentiment May Push Euro Lower

Recent changes in sentiment warn that the current EURUSD price trend may soon reverse lower despite the fact traders remain net-short.

 

Dollar Range, Euro Support in the Spotlight Ahead of Central Banks, NFP

As we move into the first full week of December, a series of pertinent themes remain active as we head towards year-end.

 

Eurozone PPI Inflation Eases More Than Forecast

Eurozone producer price inflation eased at a faster-than-expected pace in October, data from Eurostat showed Monday. Producer prices climbed 2.5 percent year-over-year in October, slower than previous month’s 2.

 

European Shares Rally After US Senate Passes Tax Bill

European stocks rallied on Monday as the U.S. Senate eventually approved a bill to overhaul the tax system and investors pinned hopes for progress in Britain’s Brexit talks.

 

European Shares Seen Up On US Tax-cut Progress

European stocks look set to open notably higher on Monday after U.S. Senate Republicans narrowly approved a bill to overhaul the country’s tax system. The House and Senate need to vote again on the final draft.

 

European Economics Preview: Eurozone Sentix Investor Confidence Due

Investor sentiment from euro area is due on Monday, headlining a light day for the European economics news..

 

Forex Weekly Technical Outlook: Top December Setups on USD, EUR Crosses

https://www.dailyfx.com/forex/video/live_events/2017/12/04/Forex-Weekly-Technical-Outlook-Top-December-Setups-on-USD-EUR-Crosses.html?ref-author=Boutros Tech…

 

EUR/USD and GBP/USD Forecast December 5, 2017

The EUR/USD pair gapped lower during the trading session on Monday, testing the 1.18 level underneath. We bounced enough to form a neutral candle, and we cou…

 

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