EUR News Reviews 

EUR Daily Review November 17, 2017

EUR Daily Review for November 17, 2017 European Shares Rebound Ahead Of US Tax Vote European stocks rebounded after recent losses on Thursday as oil held steady, the dollar bounced back from four-week lows and investors kept an eye on U.S. tax reform developments.   Europe’s New Car Sales Rebound In October Europe’s new car registrations rebounded in October, data from the European Automobile Manufacturers Association showed Thursday. Passenger car sales climbed 5.   European Shares Seen Higher As Dollar Firms Up European stocks look set to open a tad…

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EUR News Reviews 

EUR Daily Review November 16, 2017

EUR Daily Review for November 16, 2017 DAX Technical Analysis: Souring Risk Appetite & Rising Euro Weighing The DAX is taking a hit on weakening appetite for stocks, globally, while the euro rallies and applies additional pressure.   Euro soars higher ahead of US inflation data NAFTA negotiations are expected to weigh heavily on the Canadian dollar given Canada exports 75 percent of its goods to the US. President Trump is threatening to cut it in half and if this turns out to be more than just scare tactics the…

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EUR News Reviews 

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…

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EUR News Reviews 

EUR Daily Review November 14, 2017

EUR Daily Review for November 14, 2017 Webinar: A Dive into the Elliott Wave pattern for EUR/USD Many traders are following a head and shoulders pattern on EUR/USD. Learn the patterns we are following along with key levels to watch.   Euro May Rise as Net-Short Positions Increase The combination of current sentiment and recent changes gives us a stronger EURUSD-bullish contrarian trading bias   Dovish ECB to Tame EUR/USD Rebound; NOV Opening Range Remains in Focus Fresh comments from ECB officials may tame the near-term rebound in EUR/USD as…

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EUR News Reviews 

EUR Daily Review November 13, 2017

EUR Daily Review for November 13, 2017 European Shares Seen Opening On Flat Note European stocks may open flat to slightly higher on Friday after steep losses in the previous session. That said, underlying sentiment could remain cautious after the U.   European Economics Preview: UK Industrial Output Data Due Industrial production and foreign trade figures from the UK are due on Friday, headlining a light day for the European economic news..   Upbeat U. of Michigan Confidence Survey to Undermine EUR/USD Rebound Another unexpected improvement in U.S. household confidence…

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EUR News Reviews 

EUR Daily Review November 10, 2017

EUR Daily Review for November 10, 2017 European Shares Set To Open On Firm Note European stocks may open higher on Thursday as encouraging inflation data out of China pointed to a pickup in global demand and oil prices held stable after slipping overnight on data showing a surprise build in crude inventories.   European Economics Preview: Germany’s Foreign Trade Data Due Foreign trade data from Germany is due on Thursday, headlining a light day for the European economic news..   Euro Steadies as Data, Comments Suggest Robust Euro-Zone Growth…

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EUR News Reviews 

EUR Daily Review November 9, 2017

EUR Daily Review for November 9, 2017 European Shares Seen Lower As China Export Growth Disappoints European stocks are set to open lower on Wednesday as Chinese trade data disappointed investors and the dollar dipped amid reports that Senate Republican leaders are considering a one-year delay in the implementation of a corporate-tax cut.   European Economics Preview: France Foreign Trade Data Due Foreign trade data from France is due on Wednesday, headlining a light day for the European economic news..   EUR Weakens as Bond Yields Fall; ECB Chatter Ahead…

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EUR News Reviews 

EUR Daily Review November 8, 2017

EUR Daily Review for November 8, 2017 European Shares Set To Follow Asian Peers Higher European stocks may open slightly higher on Tuesday, mirroring firm cues from Asia after the major U.S. averages hit fresh record closing highs overnight, boosted by rallying oil prices and corporate dealmaking news.   European Economics Preview: Germany’s Industrial Output Data Due Industrial production from Germany and retail sales from euro area are due on Tuesday, headlining a light day for the European economic news..   DXY Index Nears Resistance as First EUR/USD H&S Target…

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