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EUR Daily Review November 29, 2019

EUR Daily Review for November 29, 2019

EUR Futures: remains bearish near-term

Open interest in EUR futures markets rose by around 5.1K contracts on Wednesday following two consecutive drops, according to preliminary figures from

 

EUR/USD Price Continues to Struggle Ahead of German Inflation Data

The euro continues to trade just above 1.1000 against the US dollar as traders wait for the latest look at German inflation.

 

EUR/JPY retreats from tops near 120.60 ahead of German CPI

The now offered momentum in the shared currency is forcing EUR/JPY to give away its initial gains and recede to the 120.45/50 band. EUR/JPY now looks

 

EUR/GBP bounces off multi-month lows, back above 0.8500

Both the single currency and the sterling are losing some of their earlier shine and are lifting EUR/GBP to fresh daily highs in the 0.8520 region. EU

 

EUR/USD Technical Analysis: The corrective upside could test 1.1040

EUR/USD has managed to rebound from the key support area around 1.0990. The ongoing recovery could extend to the key 55-day SMA near 1.1040. Above thi

 

EUR/GBP Price: April 2017 Low In Sight as Negative Sentiment Holds Sway

EUR/GBP touched a multi-month low earlier in the session and support levels for the pair are starting to run out. Another positive General Election opinion poll for the Conservative Party may see t…

 

EUR/JPY: Bulls take back control on 120 handle despite poor turnout in European markets

EUR/JPY has been inching higher in an illiquid market place due to the Thanksgiving holidays and is up around 0.09% at the time of writing having trav

 

EUR/USD sleeping near 1.1000, likely waking up when November ends

The EUR/USD pair remains steady trading above 1.1000 on a quiet session amid US holidays. It is posting minor daily gains as it remains close to Novem

 

ECB’s Coeure: Central banks cannot be at forefront in fighting climate change

Central banks are lagging behind the curve and have only just started incorporating the effects of climate change into their models, European Central

 

Eurozone: Headline inflation will likely ease again during the course of 2020 – ABN AMRO

Analysts at ABN AMRO expect that Eurozone’s headline inflation to rise somewhat further, mainly due to upward base effects stemming from oil prices…

 

EUR/USD looks supported around 1.10 post-German CPI

After a brief test of daily lows in the 1.10 neighbourhood, EUR/USD is now managing to regain some traction amidst marginal gains. EUR/USD ignores Ger

 




EUR/USD Technical Analysis: Euro hovering above the 1.1000 handle in the New York session

The euro/dollar currency, on the daily time frame, is trading in a bear trend below the main daily simple moving averages (DMAs). This Thursday, the market is

 

EUR/USD and GBP/USD Forecast November 29, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

EUR/GBP Technical Analysis: Follows six-week-old falling channel ahead of German/EU data

EUR/GBP seesaws around 0.8530 while heading into the European session on Friday.

 

EUR/USD trades near 1.10, eyes monthly loss

EUR/USD is currently trading just above 1.10, representing a 1.27% drop on the monthly opening rate of 1.1151. The pair is on track to end November on

 

Have a nice trading!




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