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EUR Daily Review May 16, 2018

EUR Daily Review for May 16, 2018

Euro May Fall on German GDP, US Dollar Eyes Fed Senate Hearings

The Euro may fall as soft German GDP data cools bets on ECB tightening. The US Dollar eyes confirmation hearings for two aspiring Fed officials.

 

Lackluster U.S. Retail Sales Report to Fuel EUR/USD Rebound

Fresh updates to the U.S Retail Sales report may fuel a larger rebound in EUR/USD as household spending is expected to narrow in April.

 

EURUSD Brushes Off Slowing Eurozone Growth

See our Q2 EUR forecast to learn what will drive the currency through the quarter. The Euro and DAX saw a largely muted reaction after a raft of Euro

 

DAX & CAC Technical Outlook: Keeping the Euro in Mind

The DAX and CAC have been quite strong in recent weeks, with nothing substantial suggesting they will move lower; the euro consideration.

 

EURUSD Low to be Retested as US Treasury Yields Jump

The US dollar is back in bullish mode as US Treasury yields hit fresh multi-year highs, underpinning the greenback against a weak Euro.

 

EUR/USD Rate Outlook Hinges on Fed, ECB Comments as Rebound Falters

EUR/USD is back under pressure, with the pair facing a renewed risk of making a run at the December-low (1.1718) as the bearish momentum appears

 

EURUSD: Reversal May Help Euro Climb Above 1.186

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

 

EUR/USD and GBP/USD Forecast May 16, 2018

The Euro broke down significantly against the US dollar during the day on Tuesday, as the 10-year yield reached above the vital 3.06% level. Ultimately, this…

 

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