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EUR Daily Review November 15, 2017

EUR Daily Review for November 15, 2017

Euro and Pound May Brush Off Economic Data, Yellen Due to Speak

The Euro and British Pound may brush off seemingly high-impact economic data releases given their limited influence on near-term ECB and BOE policy. Fed Chair


EUR/GBP Rallies but Resistance Levels will Cap Move

The latest strong Euro-Zone data and ongoing Brexit worries in the UK has sent EUR/GDP to a three-week high.


DailyFX US AM Digest: Euro Rally Driving the DXY Index Lower

The DXY Index is at its lowest level since October 26.


European Shares Edge Higher On Earnings

European stocks were mostly higher on Tuesday, with encouraging economic data from Germany and upbeat corporate earnings supporting sentiment. Overall gains remained limited as investors looked ahead to comments by a slew of central bankers this week for directional cues.


European Shares Set To Open Lower After China Data

European stocks are set to open lower on Tuesday as Chinese economic data disappointed and investors waited for any signs of compromise on U.S. tax policy. Asian stock markets are trading mostly lower after a deluge of Chinese data showed growth in industrial output, retail sales and fixed asset investment slowed in October.


European Economics Preview: Germany’s GDP, Economic Sentiment Data Due

Quarterly national accounts and economic confidence survey from Germany and inflation from the UK are due on Tuesday, headlining a busy day for the European economic news.


EUR/USD and GBP/USD Forecast November 15, 2017

The EUR/USD pair broke out to the upside, slicing through the 1.17 level. That was previously a neckline for the head and shoulders pattern that has been on …


FX Closing Bell 11.14.17: EUR Sees Best Day In Four Months As DXY Falters


EUR/USD Technical Analysis: Two-Month Down Trend Broken

The Euro launched sharply higher to score the largest daily in close to five months and break a two-month down trend against the US Dollar.


Asia AM Digest: Euro Soars as US and NZ Dollars Plunge

The Euro roared higher, pulling other top European currencies higher along the way, while the US and New Zealand Dollars succumbed to selling pressure.


Eurozone Robust Growth Continues In Q3

Eurozone economy maintained its robust growth momentum in the third quarter, suggesting that it is set to end the year on a strong note, and extend support to the European Central Bank’s decision to reduce the size of its asset purchases at the start of next year even as inflation is away from its target.


Have a nice trading!

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