The Euro economy is currently at war with itself. The present recession is an unpalpable conundrum for ECB leaders and Euro-zone Heads of States. It is convivial to think this phase of the Euro currency integration is one that would have a happy ending cosidering the EUR strength.
EURUSD
EURUSD | Euro U
The Euro bounced off support of 1.2830 after the German ZEW survey outlook rose unexpectedly higher than expected this morning. What does this mean for the biggest Euro zone economy?
LONDON – What does this all mean to the Euro zone economy? It’s okay to revel in the euro surge for now. Is this sustainable? In the medium and long-terms this could hamper the European economic growth and exports.
Range trading is usually not for the faint-hearted but a domain often reserved for the skilled traders willing to take a piece of the market at a time. At the moment, the Euro has serves range and how do you brace yourself in this economic climate?
LONDON — The euro dollar maintained its October undertone this morning spiralling down to another six-day low. From the height of early morning trades at 1.2800, the euro fell sharply to 1.2517 dropping over 280 pips against the US dollar by mid-noon. Could this be the sign of euro giving back some of its last three years gains?
This morning my colleague posted our conservative market outlook of 1.2880/1.2900 based on our Monday morning debrief, analysis and trading positions. Little did we know that the trade would end up with huge pips collection.
Euro sends an intra-day bullish signal but without the ‘fuel’ to inject pace. The morning started with quiet trades as the world awaits who sits on the Oval throne. For a start why should the world care?
There is no hiding place for the euro as EURUSD hit 22-months low in overnight Asian trading session an indication of more signs of weakness. The current market fears rest on the turmoil of the past weeks as confidence grow thin on recession aversion. Will this be the moves that creates parityfor the pair again?
LONDON: Euro dollar, EUR USD makes new 12-month low of 1.3746 in today’s trading after an early morning of choppy trades. The day started with Frankfurt riding the pair to 1.3965 in the first hour before it quickly descended to 1.3854 even before the main European currency markets opened in London.
Euro, EUR held its ground against the dollar, USD in the morning trades despite the recent events in the US, European traders were very tentative in the morning trades. With volume and volatility thin on books the pair, EURUSD began dripping as European session awaits the US economic reports. The report came better than expected and the ‘EUR falls like a hot knife cutting through butter’.
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Analysis: How the Euro Threatens Stability
The Euro economy is currently at war with itself. The present recession is an unpalpable conundrum for ECB leaders and Euro-zone Heads of States. It is convivial to think this phase of the Euro currency integration is one that would have a happy ending cosidering the EUR strength.
The Euro bounced off support of 1.2830 after the German ZEW survey outlook rose unexpectedly higher than expected this morning. What does this mean for the biggest Euro zone economy?
LONDON – What does this all mean to the Euro zone economy? It’s okay to revel in the euro surge for now. Is this sustainable? In the medium and long-terms this could hamper the European economic growth and exports.
Range trading is usually not for the faint-hearted but a domain often reserved for the skilled traders willing to take a piece of the market at a time. At the moment, the Euro has serves range and how do you brace yourself in this economic climate?
LONDON — The euro dollar maintained its October undertone this morning spiralling down to another six-day low. From the height of early morning trades at 1.2800, the euro fell sharply to 1.2517 dropping over 280 pips against the US dollar by mid-noon. Could this be the sign of euro giving back some of its last three years gains?
This morning my colleague posted our conservative market outlook of 1.2880/1.2900 based on our Monday morning debrief, analysis and trading positions. Little did we know that the trade would end up with huge pips collection.
Euro sends an intra-day bullish signal but without the ‘fuel’ to inject pace. The morning started with quiet trades as the world awaits who sits on the Oval throne. For a start why should the world care?
There is no hiding place for the euro as EURUSD hit 22-months low in overnight Asian trading session an indication of more signs of weakness. The current market fears rest on the turmoil of the past weeks as confidence grow thin on recession aversion. Will this be the moves that creates parityfor the pair again?
LONDON: Euro dollar, EUR USD makes new 12-month low of 1.3746 in today’s trading after an early morning of choppy trades. The day started with Frankfurt riding the pair to 1.3965 in the first hour before it quickly descended to 1.3854 even before the main European currency markets opened in London.
Euro, EUR held its ground against the dollar, USD in the morning trades despite the recent events in the US, European traders were very tentative in the morning trades. With volume and volatility thin on books the pair, EURUSD began dripping as European session awaits the US economic reports. The report came better than expected and the ‘EUR falls like a hot knife cutting through butter’.
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