EUR News Reviews 

EUR Daily Review June 26, 2019

EUR Daily Review for June 26, 2019 EUR Futures: bullish with caution Open interest in EUR futures markets rose for the third session in a row on Monday, this time by around 5.8K contracts, while volume contracted by aro   EURUSD Chart Analysis: Euro May Turn Lower From 3-Month High The Euro has advanced to a three-month high against the US Dollar, but technical positioning warns that a downturn may be in the cards ahead.   EUR/GBP drops and test the vicinity of 0.8900 on EUR selling The now selling…

Read More
EUR News Reviews 

EUR Daily Review June 25, 2019

EUR Daily Review for June 25, 2019 Euro Nervously Eyes G20 Summit Outcome, Italy Budget Dispute With a relatively light economic docket in the US and Europe, the Euro may find itself focusing on lingering fundamental risks and themes including the G20 summit and a budget dispute with Italy.   Weekly Euro Forecast: Last Week of June Awaits Euro Inflation Data Euro gains have been largely built upon crumbling US Dollar; elsewhere, speculation that the ECB will introduce new stimulus soon has weighed on the Euro. The upcoming June Eurozone…

Read More
EUR News Reviews 

EUR Daily Review June 24, 2019

EUR Daily Review for June 24, 2019 EURUSD Eyeing US, EU PMI Data – European Turmoil in Focus EURUSD may find itself oscillating between US and European PMI data against the backdrop of increasing turmoil in European politics.   When are the German/ Eurozone flash PMIs and how could they affect EUR/USD? Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of its impact on the European currenc   EUR/USD faces resistance just above 1.1300, PMIs on sight The upbeat sentiment…

Read More
EUR News Reviews 

EUR Daily Review June 21, 2019

EUR Daily Review for June 21, 2019 EURUSD Chart Analysis: Choppy Trade Belies Bearish Trend Bias The Euro bungled an upside reversal against the US Dollar, backsliding into an inconclusive range. Still, the dominant trend bias continues to favor weakness.   EUR/USD approaches 1.1300 on USD-weakness The single currency has regained extra traction in past hours and is now pushing EUR/USD to levels closer to the critical handle at 1.1300 the figure.   EUR Futures: further gains appear limited According to advanced data from CME Group for EUR futures markets,…

Read More
EUR News Reviews 

EUR Daily Review June 20, 2019

EUR Daily Review for June 20, 2019 EURUSD Rate Breakout Undermined by Dovish ECB Forward Guidance EURUSD struggles to hold its ground ahead of the Fed rate decision as ECB President Mario Draghi endorses a dovish forward-guidance for monetary policy.   EURUSD May Look Past Draghi Comments with FOMC in the Spotlight While yesterday the Euro took a hit after ECB President Mario Draghi alluded to possible future cuts and reintroduction of QE, markets may look past them as their attention turns to the FOMC.   EUR/USD looks for direction…

Read More
EUR News Reviews 

EUR Daily Review June 19, 2019

EUR Daily Review for June 19, 2019 Euro Braces for German ZEW Survey, Commentary from ECB and Draghi EURUSD may fall if German ZEW data underperforms and commentary from ECB officials continues to underscore a need to introduce more Eurozone stimulus.   EUR/USD holding on above 1.1200 ahead of Draghi, ZEW The bid tone surrounding the shared currency remains well and sound so far this week and is now lifting EUR/USD to the area of daily highs in the boun   EUR/USD: A rare fledgling EUR uptrend forming – BAML…

Read More
EUR News Reviews 

EUR Daily Review June 18, 2019

EUR Daily Review for June 18, 2019 EUR/USD holds on to 1.1200 ahead of ECB-speak, Sintra The shared currency has managed to regain some composure on Monday and is now lifting EUR/USD to the 1.1220 region after testing the boundaries of 1.1   US ambassador: Europe should forget Huawei – EURACTIV The US ambassador to the European Union, Gordon Sondland, told EURACTIV in an exclusive interview that the US cannot have close security, intelligenc   EUR Futures: further decline on the horizon In light of advanced figures for EUR futures…

Read More
EUR News Reviews 

EUR Daily Review June 17, 2019

EUR Daily Review for June 17, 2019 EUR Futures: door open for further retracements In light of advanced data for EUR futures markets from CME Group, investors added around 11.7K contracts to their open interest positions on Thursday,   Euro (EUR) Battles Record Low Euro-Zone Inflation Expectations The single currency remains under downside pressure as 5-yr/5-yr Euro-Zone inflation expectations hit another record low, leaving the ECB in a precarious situation.   When are US monthly retail sales figures and how could they affect EUR/USD? Friday’s US economic docket highlights the…

Read More