EUR News Reviews 

EUR Daily Review January 19, 2018

EUR Daily Review for January 19, 2018 EUR/USD: USD Prone To Further Short Squeeze N-Term; Further EUR Dips A Buy – Credit Agricole Credit Agricole CIB FX Strategy Research discusses EUR/USD outlook and notes that the USD surprised the market with a late afternoon rebound on Wednesday.”There could be scope for a further USD recovery if Congress reaches a spending deal this week which remains our base case. Thus, although our long-term bearish view on the USD remains intact   EUR/USD Initiates Bearish Sequence, RSI Flashes Textbook Sell Signal EUR/USD…

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EUR News Reviews 

EUR Daily Review January 18, 2018

EUR Daily Review for January 18, 2018 EURUSD slips from multi-year high ahead of CPI Shares in Europe were set to open lower on Wednesday as global sentiment was weighed by a sharp reversal of Wall Street stocks in the previous session.   EURUSD May Dip Before Climb Resumes The Euro looks poised to lose some of its recent strong gains against the US Dollar before the uptrend begins again.   Eurozone Construction Output Rebounds In November Eurozone construction output increased in November after falling in the previous month, data…

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EUR News Reviews 

EUR Daily Review January 17, 2018

EUR Daily Review for January 17, 2018 European Economics Preview: UK Inflation Data Due Consumer and producer prices from the UK are due on Tuesday, headlining a light day for the European economic news..   DAX Technical Outlook: Bulls Hamstrung by Euro, May Soon Change The German benchmark is finding it difficult to breakout to higher ground with the weight of the euro on its back, but if currency strength   Euro Sentiment Shifts, Dollar May Be Under Pressure The combination of current sentiment and recent changes gives us a…

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EUR News Reviews 

EUR Daily Review January 16, 2018

EUR Daily Review for January 16, 2018 Dollar slumps as euro gains support from tapering hopes The dollar suffered heavy blows, and hovers near three-year lows against a basket of its major rivals on Monday, as the European single currency was buoyed by investors’ hopes that European Central Bank policymakers could be poised to further trim their monetary stimulus.   European Shares Sluggish As Euro Continues To Surge European stocks opened on a sluggish note on Monday as the dollar continued its downward spiral against the euro and crisis-hit U.K….

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EUR News Reviews 

EUR Daily Review January 15, 2018

EUR Daily Review for January 15, 2018 Below-Forecast U.S. CPI, Retail Sales to Fuel EUR/USD Rate Rally Fresh developments coming out of the U.S. economy may fuel the near-term rally in EUR/USD should the data prints dampen the outlook for growth and   EUR/USD Weekly Chart Analysis: Euro May Find Limited Follow-through The euro had an explosive two days to end last week, sending the single-currency above the 2017 high to its best levels in three years;   EUR/USD Celebrates to Highest Level in 3 Years; The Party May Not…

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EUR News Reviews 

EUR Daily Review January 12, 2018

EUR Daily Review for January 12, 2018 European Shares Seen Lower As Risk Appetite Wanes European stocks may open lower on Thursday following a softer lead from Wall Street overnight and a weak trend across Asia this morning after a combination of factors pushed global bond yields higher in recent sessions.   European Economics Preview: Germany’s GDP Data Due National accounts data from Germany is due on Thursday, headlining a light day for the European economic news..   As EURUSD Rises, Keep an Eye on German Coalition Talks EURUSD jumped…

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EUR News Reviews 

EUR Daily Review January 11, 2018

EUR Daily Review for January 11, 2018 European Economics Preview: UK Industrial Output Data Due Industrial production and foreign trade figures from the UK are due on Wednesday, headlining a light day for the European economic news..   Technical Analysis for USD/JPY, Euro & GBP Crosses, Gold & More Today, we looked at specific set-ups in a couple of major USD-pairs, but spent most of the time on EUR & GBP cross-rates; also peeked at precious metals.   Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since…

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EUR News Reviews 

EUR Daily Review January 10, 2018

EUR Daily Review for January 10, 2018 EUR/GBP Technical Analysis: 3-Month Range Floor Support Exposed The Euro looks vulnerable to deeper losses after suffering the worst two days in over a month against the British Pound.   Euro slips to its deepest this year against the dollar The euro slipped lower on Tuesday after falling from last week’s high as forex investors grew increasingly cautious following a months-long rally. The dollar firmed against the yen though a lack of catalysts cooled its strength.   Positive Investor Sentiment Boosts Stock Prices…

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