EURUSD Price Under Pressure After EU/German Sentiment Crashes
The latest ZEW economic sentiment reading ‘points to a significant deterioration in the outlook for the German economy’. And the outlook for the EU is just as bad.
Euro Price Outlook: EURUSD Rattled as Italian Government Fractures
Italian deputy prime minister Matteo Salvini has called for a snap election in Italy saying there is no longer a majority in Parliament as his spat with co-deputy prime minister Luigi di Maio turns increasingly ugly.
EUR/USD Price Outlook Muted, ECB Bulletin Points to Global Uncertainties
Softening global growth and weak international trade are weighing on the euro area outlook, according to the latest ECB Bulletin, leaving EURUSD under downside pressure.
EURUSD Price Remains Fragile After German Industrial Production Slumps
The recent EURUSD uptick is being reversed after the latest official German industrial production data show output crashing to multi-year lows.
EURUSD Price Outlook Cloudy - ECBs Rehn Talks Rate Cuts and More QE
The ECB remains ready to adjust monetary policy, including lowering interest rates and re-starting QE, if conditions dictate, according to governing council member Olli Rehn.
EURUSD Price - Bulls Clash with Technical Resistance
The Euro continues its battle with the US dollar and may push higher if the 200-day moving average finally gives way.
Euro Pushes Higher After German Jobs Numbers, Data-Heavy Session Lies Ahead
Better than expected German unemployment data has reinforced the Euros uptrend pushing towards the 1.12 line. In April, Germany created 5,000 more jobs than in March, surprising investors that were expecting that unemployment had increased.
EURUSD Price Outlook Steered by US Dollar Sentiment and Data
EURUSD price action remains under the influence of the US dollar and this is likely to increase with an EU data void through the rest of the week.
EURUSD Price Breaks Below 1.1300 on ECB Growth Concerns Rumor
EURUSD slipped below 1.1300 after a newswire rumor pointed to concerns of some members of the ECB about the accuracy of their H2 growth rebound forecasts.
EURUSD Price Nudges Higher; Trading Range Throttled
EURUSD touches its highest level in nearly three-weeks as the US dollar turns lower, but trading ranges remain prohibitively tight.
EURUSD Price Edges Higher, Shrugs Off Weak Inflation, PMI Prints
EURUSD opened Q2 on the front foot with marginal gains against a weak US dollar despite further confirmation of a weak manufacturing sector in the Euro-Zone and lower-than-expected inflation.
EURUSD Likely to Move Lower but Oversold Signal Flashing
The Euro looks oversold by one closely flowed indicator but that doesnt mean it should be bought. Any rally should be looked at as a potential short set-up.
EURUSD Price Latest: Negative Sentiment Pushing Prices Lower
EURUSD took a dip lower after the latest ZEW release showed German current conditions data falling sharply, the latest in a line of weak data