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Euro Forecast

Direction for Euro Remains Unclear

November 13, 2014 0 Comments
Direction for Euro Remains Unclear

EURUSD is trading in a kind of range since the beginning of the week as the US Dollar Index attempted Tuesday to advance to new multi-year highs. No special offer is to comment this morning on the latest movements during the EURUSD is mostly technical in nature. Operators are questioning the immediate potential for appreciation […]

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Euro Still Looking Weak Despite Draghi’s Moves

October 6, 2014 0 Comments
Euro Still Looking Weak Despite Draghi’s Moves

If the intervention of Mario Draghi had helped draw up the euro yesterday, the downward trend prevails again this afternoon, while European statistics remain misguided. At this time, losing 0.42% against the dollar at 1.2620 dollar, reversing its progression from the previous day. In contrast, the euro against the yen remains neutral (0.07% to 137.47) […]

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Euro Falls But Recovers After ECB Movement

September 7, 2014 0 Comments
Euro Falls But Recovers After ECB Movement

The euro briefly fell Thursday afternoon to below $ 1.30, the lowest in more than a year, after what the president of the European Central Bank Mario Draghi announced that the ECB would proceed to purchase assets. At 2:47 p.m., the euro is trading at 1.3016 dollar after falling to 1.2997 dollar a few minutes […]

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Technical Forecast for The Euro

March 9, 2012 0 Comments
Technical Forecast for The Euro

After being sucked close to 1.35 USD, the euro is limping along despite the massive new loan at low rate of the ECB, taking up the greenback color while away overseas the prospect of a third wave of quantitative easing. The new injection of the European Central Bank was the event last week and fed […]

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Euro Forecast: Analysts Foresee Downward Trend

March 9, 2012 0 Comments
Euro Forecast: Analysts Foresee Downward Trend

The 17 nations shared currency gained on Thursday in reaction to the new of better chances on successful Greek bond swap deal, but analysts foresee weakness for the euro in coming sessions. The euro stood at 1.3265 against the US dollar which is considered on its high technically and correction is expected. Analysts think that […]

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Euro Forecast – A Look Into The PSI Debt Exchange

March 9, 2012 0 Comments
Euro Forecast – A Look Into The PSI Debt Exchange

The great concern earlier this week about the risk of failure of the “PSI” gave way to more confidence this morning, while the Greek bond redemption process will end tonight. Around 12:45pm, the euro had gained 0.32% to 0.8381 against the pound sterling the euro, 0.56% to 1.3223 dollar and 1.02% against the yen at […]

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The Week Ahead With Euro & US Dollar

March 2, 2012 0 Comments
The Week Ahead With Euro & US Dollar

On Monday, euro zone reported data on producer prices in France along with data on Italian business confidence. Data on M3 money supply was also published in euro zone. In United States, data on pending home sales and manufacturing activity in Dallas by US Federal Reserve was released. On Tuesday, January 28th, data on German […]

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