How Will the Euro React Along With a Bearish Sentiment Towards the US Dollar?

Three Things You Need to Know Before Entering the Market on Thursday, April 9th 2020

COVID-19 Wave Strikes The Yen Hard (Forex)

April 7th

EUR Bearish, USD Bullish as Week One of…

April 5th

Australian Dollar Set to Rally

April 1st

Bleak Outlook, As Economic Deterioration Hits Home

March 22nd

Everything and Everyone Short Targeting All-Time Lows

The USD is on fire at present, and even though the US economy is going to contract in Q1 and violently in Q2, the world's insatiable desire to own USDs is not reflective of its view on economics.
March 20th

Is USD/JPY Poised For a September Breakout?

USD/JPY – Roaring higher since mid-march 2018 Why it’s on my watch list: USD/JPY has been in a roaring higher since mid-march 2018: +900 pips. USD/JPY – Roaring higher since mid-March 2018. This has been spurred along due to fundament factors continuing to play out. Given recent pullbacks, we could…
September 6th

Fresh Weakness In Turkish Markets, Lira Weakens

During Wednesday the Euro was hampered to some extent by fresh weakness in Turkish markets as the lira weakened sharply.
September 6th

The 2017 Japanese General Election – The End of Abenomics?

Back on September 25th Japanese prime minister Shinzo Abe called a snap election for Japan’s lower house of parliament – an election that didn’t need to be held until the end of 2018. That election will take place this coming Sunday, the 22nd of October. Much like his counterpart in…
October 19th

EUR/USD Dives on Eurogroup Disappointment No Agreements Made

EUR/USD fell sharply after the German Finance Minister Wolfgang Schaeuble said eurozone finance ministers have failed to reach an agreement on the next tranche of loans to Greece. He also said, “Since the questions are so complicated we didn’t come to a final agreement, so we’ll meet again”. Luxembourg Prime…
November 21st

EUR/USD Drops on Strong U.S. Nonfarm Payrolls

Encouraging U.S. consumer confidence report and improvements in the jobs market pushed the greenback higher against the euro. Data from the Labor Department showed that hiring increased by 171k workers after a 148k gain in September. The Conference Board’s Consumer Confidence Index for October has come in at its most…
November 3rd

EUR/USD Slips on Weak Economic Outlook

EUR/USD had an interesting week as the battle between bulls and bears continue to intensify in the 1.29-1.31 zone. The pair topped out at 1.3170 level as negative news from the eurozone soured investors’ sentiment. The euro weakened after a report showed that lawmakers from Germany’s ruling coalition are planning…
September 21st

Investors Eye Central Banks – Bond Purchases to Help Eurozone

EUR/USD closed the week higher than opening on expectations the European Central Bank will tackle high borrowing costs hitting Spain and Italy, but the pair was capped at 1.2300 on market uncertainty about the specific action to be taken. European Central Bank President Mario Draghi said “Within our mandate, the…
July 28th

EUR/USD Sharp Fall as ECB Fails to Dispel Concerns

Yesterday the EUR/USD pair fell sharply after the European Central Bank cut its benchmark interest rate from 1.00% to 0.75% (ECB also cut deposit rate to 0.0% from 0.25% and refinancing rate to 0.75% from 1%). Indeed this rate cut was priced in. However, investors were expecting for other policy…
July 6th

EU Needs Much Closer Fiscal and Financial Integration Debt Crisis Deepens

Markets are expected to remain choppy ahead of a European Union Leaders Summit which will begin a two-day meeting on long-term plans for fiscal and banking union on Thursday. Last week, weaker-than-expected manufacturing PMI figures from the eurozone and Spain’s increasing borrowing costs were the catalyst of a free fall.…
June 24th

EUR/USD Gains as Greece Fears Fade

The markets took a deed breath after pro-bailout parties won a majority in the Greek election, averting the possibility of the country’s imminent exit from the eurozone. Official projections show that parties supporting the bailout will have enough seats to control parliament. Forex investors viewed the Greek election as a…
June 18th

€100 Billion Eurozone Bailout – Uncertainty Brings Volatility

Despite initial enthusiasm over the EU aid package for Spain agreed over the weekend, forex market participants do not want to take huge risks ahead of weekend Greek elections that could result in Greece exiting the eurozone. Rising scepticism over a €100 billion eurozone bailout for Spain’s troubled banks pushed…
June 13th