Tag Archive: EUR-USD

Back to the drawing board 

Back to the drawing board  Despite a hawkish  Fed hike last night the USD failed to rally. Without reading too much into the usual FOMC exercise in verbal gymnastics. The USD dollar couldn’t find a grip above near-term resistance after …
Read more

EUR/USD – Euro Shrugs off Dismal German Confidence Report

EUR/USD continues to have a quiet week. On Tuesday, the pair is trading at 1.1792, up 0.05% on the day. On the release front, German ZEW Economic Sentiment posted a dismal reading of -16.1 points, missing the estimate of -14.6…
Read more

EUR/USD – Euro Edges Higher in Light Fundamentals Session

EUR/USD has posted gains in the Monday session. Currently, the pair is trading at 1.1791, up 0.19% on the day. It’s a very quiet start to the week on the release front, with no major events. On Tuesday, Germany releases ZEW…
Read more

EUR/USD – Euro Rises to 3-Week High on Talk of Stimulus Wind-Up

EUR/USD has posted gains in the Thursday session. Currently, the pair is trading at 1.1822, up 0.40% on the day. On the release front, German Factory Orders plunged 2.5%, missing the estimate of 0.7%. In the eurozone, Revised GDP dipped…
Read more

US equity markets defy gravity.

US equity markets defy gravity. Equity Markets US equity markets continue to defy gravity and extending the recent winning streak to four straight sessions. It was all about the financials as a series of coordinated hawkish comments from ECB members, …
Read more

EUR/USD – Euro Improves to 2-Week High as Eurozone Retail PMI Climbs

EUR/USD has posted gains in the Wednesday session. Currently, the pair is trading at 1.1770, up 0.43% on the day. On the release front, there are no major events in the Eurozone or U.S. Eurozone Retail PMI improved to 51.7…
Read more

Live FX Market Analysis – 5 June 2018 (Video)

In this week’s webinar, Senior Market Analyst Craig Erlam discussed the major events moving financial markets right now including political chaos in Italy and Spain and Trump’s tariffs on the EU, Canada and Mexico. He also previewed the week ahead….
Read more

EUR/USD – Euro Calm as German, Euro Services PMIs Within Expectations

EUR/USD is unchanged in the Monday session. Currently, the pair is trading at 1.1697 down 0.01% on the day. On the release front, the focus is on the service sector. Eurozone and German Final Services both dropped in May, but…
Read more

EUR/USD – Euro Gains Ground at Start of Week

EUR/USD has recorded small gains in the Monday session. Currently, the pair is trading at 1.1694, up 0.30% on the day. On the release front, there are no major events in the eurozone or the U.S. The eurozone will release…
Read more