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EUR Daily Review December 7, 2018

EUR Daily Review for December 7, 2018

EUR/USD weaker, drops to lows near 1.1320

The sentiment around the single currency appears deteriorated early in the European morning and is now dragging EUR/USD to fresh daily lows in the 1.1


Eurozone: Moderation in growth and inflation – Westpac

Tim Riddell, research analyst at Westpac, explains that the latest round of national and Eurozone PMIs and inflation reports, as well as several natio


EUR/SEK clinches daily highs above 10.2100

The Swedish Krona is trading on the defensive in the second half of the week, lifting EUR/SEK to fresh daily highs around 10.21, where sits the 55-hou


EUR/USD: A 17% Decrease in Long Positioning Leads to a Mixed Bias

The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.


EUR/USD Range in Focus Ahead of NFP Report, ECB Meeting

EUR/USD may continue to consolidate ahead of the U.S. Non-Farm Payrolls (NFP) report as Federal Reserve officials strike a less-hawkish forward-guidance for monetary policy.


European closing: DAX bleeds another long bodied red candlestick and fresh 2-year low

European markets have been roiled by the Sino/US trade relations breaking down over the arrest of Meng Wanzhou, the chief financial officer of Huawei


European closing: FTSE made a two-year low on Huawei arrest, closed at 6,704.05 -3.15%

The UK FTSE 100 dropped to a two-year low just before midday on Thursday, tied in with the broad-based market selloff that has roiled markets and spar


EUR/USD rejected above 1.1400, retreats to 1.1370

The EUR/USD pair pulled back and trimmed gains after being rejected from above 1.1400. The euro is up for the day, supported by a weaker US dollar sti


EUR/USD and GBP/USD Forecast December 7, 2018

The Euro rallied significantly during the trading session on Thursday, but then rolled over to show signs of weakness again. The Euro continues to fail once …


EUR/GBP Technical Analysis: Range Support May Come Under Fire Next

EUR/GBP prices solidified their consolidation mode as traders eagerly await a breakout. Negative RSI divergence warns that the horizontal range of support could be under


EUR/USD: Value of puts (bearish bets) hits 6-month low ahead of Eurozone GDP and US NFP release

Risk reversals on the EUR, a gauge of calls to puts on the common currency, rose to six-month highs on Thursday, indicating investors are trimming bea


Have a nice trading!

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