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EUR Daily Review January 4, 2018

EUR Daily Review for January 4, 2018

Lackluster ISM Manufacturing Survey to Fuel EUR/USD Rally

Another batch of mixed U.S. data prints may fuel the near-term rally in EUR/USD as it dampens bets for an imminent Fed rate-hike.


EUR/USD Bull Flag Unfolds in Early 2018

Broader outlook for EUR/USD remains constructive, with the pair at risk of extending the advance from late-2017 as a bull-flag formation appears to be panning


Euronet Worldwide Inc. (EEFT) Has Jumped To A 2-Week High

Euronet Worldwide Inc. (EEFT) gapped open sharply higher Wednesday morning and is now up 5.91 at $91.07 on above average volume. The stock has jumped to a 2-week high.


European Shares Inch Higher Amid Mifid Launch

European stocks were mostly higher on Wednesday as new rules for the region’s financial markets, known as Mifid II, came into force and the euro edged lower for the first time in six days.


DAX Rebounds As Euro Weakens

German stocks rebounded on Wednesday as the region’s new investment regulations, known as Mifid II, came into force and official data showed the country’s jobless rate held steady at a record low of 5.


European Shares Set To Open On Firm Note

European stocks may open on a firm note Wednesday as investors focus on trends in the dollar, euro and pound as well as the December FOMC meeting minutes due later in the day.


European Economics Preview: German Unemployment Data Due

Unemployment from Germany and construction Purchasing Managers’ survey from the UK are due on Wednesday, headlining a light day for the European economic news..


EUR/USD and GBP/USD Forecast January 4, 2018

The EUR/USD pair fell during most of the trading session on Wednesday, falling down to the 1.20 level, which was the scene of the gap from Tuesday. Now that …


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