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EUR Daily Review October 13, 2017

EUR Daily Review for October 13, 2017

European Shares Seen Opening Mixed

European stocks may open on a mixed note on Thursday as oil prices dropped on concerns over rising U.S. inventories and the U.S. dollar extended losses to trade near a two-week low against a basket of currencies on skepticism about inflation.


European Economics Preview: Eurozone Industrial Output Data Due

Industrial production from euro area and final consumer prices from France are due on Thursday, headlining a light day for the European economic news. At 2.45 am ET, the French statistical office Insee is slated to issue final consumer prices for September.


Currency In Play: EURUSD waiting for Draghi, USDJPY on the downturn, GBPUSD looks to Brexit talks


USD In Focus Ahead of CPI as Euro Bulls, Cable Bears Take Hold

The U.S. Dollar has put in a bearish move since last week’s NFP report, and we’re seeing a bit of pullback ahead of tomorrow’s CPI


Eurozone Industrial Output Rises Most In 9 Months

Eurozone industrial output expanded at the fastest pace in nine months in August, largely driven by production of capital goods. Industrial production grew by a more-than-expected 1.


European Shares Lack Direction Ahead Of Central Bank Speeches

European stocks lacked direction on Thursday as investors kept an eye on currency movements and awaited third-quarter earnings from U.S. banking giants due this week for direction.


EUR/USD and GBP/USD Forecast October 13, 2017

The EUR/USD pair tried to rally initially on Thursday, but then turned around to form a slightly negative candle. I think that the market is trying to go hig…


EUR/GBP Technical Analysis: Euro Down Trend About to Resume?

The Euro may be readying to resume the down trend started in late August against the British Pound after a corrective upswing stalled ahead of


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