EUR/USD Forecast: Euro Falls into Weekend
Fading short-term rallies will be my plan. The euro has fallen a bit on Friday to break below the 1.1050 level, which […]
Euro Gives Up Previous Gains
At this point we have a market that is looking for some directionality, but the longer-term attitude most certainly has been negative. […]
Euro Breaks Higher Based Upon Rumors
I still think that it is easier for the euro to fall than rise, but that does not necessarily mean we will […]
Euro Shows Signs of Downward Pressure
The market continues to favor the downside, so you cannot fight the overwhelming downward pressure that we have seen for quite some […]
Euro Gives Up Early Gains on Friday
At this point, the market will continue to see concerns with inflation and a lack of growth in the EU as well. […]
Euro Recovers as Coronavirus Cases Surge in Europe
Previously, Lagarde said that the ECB is ready to deploy more monetary stimulus to aid the Eurozone’s economic recovery. This week the […]
Eurozone GDP, Employment Better than Expected; Euro Weakens
Eurostat revises GDP, employment figures; EUR weakens against the USD; Eurozone economy has a lot of ground to regain. Eurostat recently revised […]
German Retail Sales Surge, Euro Soars
Germany, UK considering further lockdowns; Eurozone economy improving, though worse than expected. Advertisement According to Germany’s Federal Statistical Office, retail sales rose […]
ECB Supports Monetary Stimulus, Euro Weakens
ECB disavows any fiscal tightening; EUR loses ground against USD; Eurozone inflation data worsen. The European Central Bank recently released its monetary […]
Euro Continues to Attempt Stabilization
It is not until we break above the 1.12 level that I would consider buying this market. The Euro initially rallied during […]
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