EUR News Reviews 

EUR Daily Review January 9, 2018

EUR Daily Review for January 9, 2018

European Shares Seen Flat To Higher

European stocks may open flat to slightly higher on Friday even as the euro hovered near a three-year high against the dollar despite a strong ADP report. Asian shares are broadly higher, although overall gains remained modest ahead of the all-important U.

 

European Economics Preview: Eurozone Inflation Data Due

Flash inflation figures from euro area and retail sales from Germany are due on Friday, headlining a light day for the European economic news..

 

EUR/USD Weekly Technical Analysis: Euro Looking to Clear 2017 High

The euro treaded water around 2017 high during week one, a breakout above 12092 needed to get momentum going; near-term channel structure keeps bullish bias

 

Trading Outlook for EUR/USD, USD/JPY, Euro & Yen Cross-rates, and More

The euro looks poised to head higher, but still needs to cross above the 2017 high. Euro and Yen cross-rates have intriguing set-ups, with the

 

EUR/USD Stable After Inflation Data, US NFP Looms

The European Central Bank may need to keep its monetary policy accommodative for longer after data today revealed a lack of price pressure in the

 

Euro poised to break to new highs

The dollar slipped near its lowest level in more than three months ahead of the US jobs report which is expected to show jobs were added at a slower pace last month. The Aussie dipped to session lows after data showed an unexpected trade deficit.

 

Eurozone Inflation Slows As Expected In December

Eurozone inflation eased slightly as expected at the end of 2017 on slower growth in energy prices, suggesting that an interest rate hike from the European Central Bank is likely to be a long way off.

 

Eurozone PPI Inflation Accelerates Unexpectedly

Eurozone producer price inflation accelerated unexpectedly in November, data from Eurostat showed Friday. Producer prices climbed 2.8 percent year-over-year in November, faster than the 2.

 

European Shares Extend Gains Ahead Of Eurozone Inflation Data

European stocks opened higher on Friday as the greenback edged up against the euro and German retail sales data beat estimates. Official data showed that retail sales in Europe’s largest economy grew by 4.

 

Denali stock surges on $150 mln Takeda partnership for up to three neurodegenerative therapies

Denali Therapeutics Inc. DNLI, +4.48% shares surged 3.6% in moderate morning trade Friday on news of the company’s $150 million partnership with Taked

 

Trading Outlook for EUR/USD, USD/JPY, Euro & Yen Cross-rates, and More

The euro looks poised to head higher, but still needs to cross above the 2017 high. Euro and Yen cross-rates have intriguing set-ups, with the former looking…

 




EUR/USD and GBP/USD Forecast January 8, 2018

The EUR/USD pair fell during the trading session on Friday, but found enough support at the 1.20 level to show signs of life again. The fact that we have bou…

 

EUR/USD Technical Analysis: Large Double Top Taking Shape?

Euro chart positioning has revealed clues of a possible turn downward on the horizon after prices tested four-month highs against the US Dollar.

 

CoT: Euro Speculators Record Long, Curious Position Changes in AUD/USD

Large speculators build largest net-long on record in the Euro-FX contract, while selling the Australian dollar aggressively as it rises.

 

UBS Closes 2017 With Best Equity Underwriting Performance Among European Investment Banks

The fourth quarter of 2017 was an overall good period for global equity capital markets thanks to a notable recovery in deal activity in the U.S. and Europe, and UBS made the most of the improved market conditions to capture the largest share of the market among European investment banking giants

 

EUR/USD: A Pause Seems Reasonable For Now – SocGen

Societe Generale Cross Asset Strategy Research discusses EUR/USD outlook and notes that the latest positioning data show another jump to a new multi-year high in long Euro positions.”It’s hard to argue against the proposition that the market is long, and very bullish of the Euro. A pause seems reasonable after the failure to break clearly

 

Bearish Reversal in Play for the Euro

The current EURUSD price trend may soon reverse lower despite the fact traders remain net-short.

 

EUR/USD Falls Below 1.2000 as USD Extends Gains

The U.S. Dollar continues to work-higher after Friday’s NFP report, and this has brought a key support break in EUR/USD. With US CPI and Retail

 

Eurozone Economic Confidence Strongest Since 2000

Eurozone economic confidence strengthened further in December, reaching its highest level seen since late 2000. The economic confidence index rose more-than-expected to 116 from 114.

 

Eurozone Retail Sales Growth Tops Expectations

Eurozone retail sales rebounded strongly in November, surpassing economists’ expectations, preliminary data from Eurostat showed Monday. Retail sales grew a calendar and seasonally-adjusted 1.

 

Eurozone Economic Confidence Improves In December

Eurozone economic confidence improved further in December, survey results from European Commission showed Monday. The economic confidence index rose more-than-expected to 116 from 114.

 

European Shares Mostly Higher Ahead Of Key Data

European stocks were mostly higher on Monday as investors bet on strong economic growth and solid corporate earnings. Markets shrugged off weak factory orders data from Germany as Chancellor Angela Merkel’s conservatives and the centre-left Social Democrats embark on new talks to form a new government.

 

CAC 40 Edges Higher As Euro Weakens

French shares were modestly higher on Monday as investors bet on strong economic growth and solid corporate earnings. The benchmark CAC 40 was up 14 points or 0.

 




Eurozone Core Inflation Set To Remain At 1% In 2018

Eurozone core inflation is likely to remain at 1.0 percent throughout this year amid weak wage growth, Christoph Weil, an economist at Commerzbank, said. The core inflation rate, which excludes prices of energy, food, alcohol and tobacco remained stable at 0.

 

European Shares Seen Opening Largely Unchanged

European stocks may open largely unchanged on Monday as investors await December quarter earnings. Asian shares are broadly higher in thin holiday trade, with Japanese markets closed for the Coming of Age Day holiday.

 

European Economics Preview: Eurozone Economic Confidence Data Due

Economic confidence and retail trade from euro area and factory orders from Germany are due on Monday, headlining a busy day for the European economic news..

 

EUR/USD Turns from Critical Resistance But With Limited Inspiration

EUR/USD had worked itself into a tight spot this past week. Congestion was running around 100 pips suggestion a break would be inevitable.

 

Asia AM Digest: Euro Plunges as Italian Election Looms on the Horizon

The Euro fell in a move the newswires attributed to anxiety ahead of the March 4 general election in Italy.

 

Have a nice trading!




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