$EUR Articles

US Dollar Jumped to 4-week High on Lockdowns, US Elections

US dollar bounced to the highest level in the last four weeks as a record level of coronavirus infection across Europe and the United States has enhanced investor’s sentiments about the US dollar.
November 2nd

US Dollar jump to weekly high on lockdowns, equities fell

US dollar jumped sharply in Wednesday trading as demand for safe-haven assets jumped on the robust increase in virus infections and the introduction of new business restrictions.
October 29th

US Dollar Trades Below 93 Mark Despite Steep Equities Selloff

US dollar continues to trade below 93 levels despite the massive stock price selloff on concerns stemming from record growth in daily virus infections. US and European stock markets lodged the largest daily decline in the past few months on Monday and extended that downtrend in Tuesday trading.
October 27th

US Dollar Trades in a Tight Range, Gold, and Riskier Assets Fall

US dollar continues to trade around the 93.40 level against the basket of six major currencies amid the uncertainty regarding the stimulus package and concerns over the second coronavirus wave. The USD index has been trading in a tight range of 92.90 to 93.60 levels over the past few days.
October 15th

US Dollar Dips on Equities Rally, Trump Tweet in Focus

US dollar fell slightly from Tuesday high as investors focus moved towards risker currencies and assets after Donald Trump announced that new aid is coming for the airline industry. Wall Street posted big gains on Wednesday and extended the upside into Thursday trading.
October 8th

EUR/USD Superior Reward to Risk Ratio Target 1.19000

EUR/USD Superior Reward to Risk Ratio Target 1.19000   Historical resistance could now be current support at 1.18280 zone, where we must hawk any type of bullish candle reversal or price behaviour for upside entry. EUR/USD also has a 50% Fibonacci cluster at this zone providing further confirmation for support.…
September 15th

EUR/AUD Compressing for Upside Targeting 1.63980

Trend line set back in August through September intact and respected. EUR/AUD Setting up with defined risk parameters and attractive reward to risk ratio. Indicator and signals clustering = points EUR/AUD to upside before any major falls. Key Points: Price holding above the 200 EMA Price holding above the 50…
September 14th

Crude Oil Slips , DXY Gains, Gold Under Pressure – Ahead of European Trading Session

Asian markets open with continued weakness for a second consecutive session. Oil falls more than 1% on Saudi price cuts , but China imports remain strong. Chinese and US equity bourses in the red along with Japan's Nikkei index.
September 7th

EURJPY Short Term Distributions Before breaking 2019 Highs

EURJPY bouncing off 126.750 highs of 2019. Intraday distribution to target the next key short-term levels before possible expansion. Key Points: Price well above the 200 EMA but looming to revert to the average. Price holding below 23.6 % Fibonacci from prior range (28th Aug Low to 31st Aug High)…
August 31st

US Dollar Index Regain Momentum as Jobless Claims Fall

After hitting 2020 low of 92.50 on Thursday, the US dollar index recovered on Friday as the drop in jobless claims helped in soothing investor’s sentiments.
August 7th

The US Dollar Index Regain Momentum as Jobless Claims Fall

After hitting 2020 low of 92.50 on Thursday, the US dollar index recovered on Friday as the drop in jobless claims helped in soothing investor’s sentiments.
August 7th

US Dollar is on Track for Worst Month in a Decade, Euro and Sterling Soars

The US Dollar has been weakening day over day over the last couple of weeks amid trader's concerns over economic growth and increasing coronavirus numbers across the United States.
July 28th

Euro Soars to Fresh Four Month High, Dollar Struggles

Euro jumped sharply after 27 EU nations agreed on a 750bn euros stimulus deal to help member countries that are struggling due to coronavirus spread.
July 21st

ECB Goes Above and Beyond

General markets were expecting the ECB to increase their PEPP programme (pandemic emergency programme). The consensus from the market , expected an increase by around EUR 500bn , however the ECB actually increased this to EUR 600bn.
June 5th

A must watch level on EUR/USD

Increased Risk Appetite, US-China Tensions Increasing, Euro Underpinned By Stronger Dollar
May 21st

EUR/USD – Euro existence under threat?

EUR/USD is currently trading in a channel range. Reduced bets on Euro advancement. European Leaders are struggling to form unity.
May 13th

EUR/USD Continues to Consolidate Before Bernanke’s Speech

EUR/USD has been trapped in a roughly 100pips trading range for about a week. The forex market participants are cautious ahead of a gathering of central bankers and economists in Jackson Hole. Without doubt the Fed’s annual symposium, which starts today, will be the next big market catalyst. Investors are…
August 31st

Investors Eye German IFO Sentiment Survey

Last week’s gains were largely driven on speculations that the European Central Bank was moving closer to responding with a solid plan to arrest the spread of the regional debt crisis and to support growth. EUR/USD had a bearish Friday but still managed to close above the 1.25 handle. Investors…
August 26th