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State of EUR/USD – The fall, the recovery and what’s next

State of EUR/USD – The fall, the recovery and what’s next

May 26, 2015 13:23
Just one year ago, EUR/USD traded at nearly 1.40. Since then, it has lost a lot of ground but managed to recover. Why did the pair fall so much, recover and what’s next?...

Majors»

GBP/USD Forecast May 25-29

GBP/USD Forecast May 25-29

May 24, 2015 16:06
After outstanding gains in the month of May, the British pound reversed sharply last week, losing about 250 points.  The pair closed at 1.5472. This week’s highlight...
  • USD/JPY Forecast May 25-29
    USD/JPY Forecast May 25-29
    USD/JPY rebounded last week with strong gains, as the yen lost over 200 points. The pair closed at 121.47. There...
    on May 24, 2015 15:33
  • EUR/USD Forecast May 25-29
    EUR/USD Forecast May 25-29
    EUR/USD changed course and fell in a week that saw central bank pressure from both sides. What lies on the road...
    on May 23, 2015 14:00
  • Forex Weekly Outlook May 25-29
    Forex Weekly Outlook May 25-29
    The US dollar made a comeback and the greenback was a big loser in a week that saw trends change. And now, US Durable...
    on May 23, 2015 08:39

Minors»

NZD Downtrend Intact; We Stay Short – ANZ

NZD Downtrend Intact; We Stay Short – ANZ

May 24, 2015 16:45
The NEw Zealand dollar experienced more pressure in a week that saw a surge of the US dollar and another fall in the price of milk. What’s next for the pair? The team...
  • USD/CAD Forecast May 25-29
    USD/CAD Forecast May 25-29
    USD/CAD rebounded strongly last week, gaining close to 200 points. The pair closed the week just shy of the 1.22...
    on May 24, 2015 14:57
  • AUD/USD Forecast May 25-29
    AUD/USD Forecast May 25-29
    The AUD/USD reversed directions last week, losing some 230 points. AUD/USD closed the week at 0.7814. There are only...
    on May 24, 2015 07:49
  • AUD/USD Forecast May 18-22
    AUD/USD Forecast May 18-22
    The Australian dollar showed some volatility last week, and gained 100 points. AUD/USD closed the week at 0.8024,...
    on May 17, 2015 15:36

Basics & Industry»

FXStreet launches responsive version of its Economic Calendar

FXStreet launches responsive version of its Economic Calendar

May 25, 2015 11:01
FXStreet, one of the world’s largest forex sites, has upgraded its economic calendar. The useful tool, available also here on Forex Crunch, now perfectly adapts to...

Recent Articles

US data beats with higher confidence and better new home sales

US data beats with higher confidence and better new home sales

More better than expected data in the US: new home sales are up from 484K (revised higher) to 517K, higher than predicted. The Conference Board Consumer Confidence is up to 95.4 points, marginally better than predicted. The US dollar reacts positively but getting overly excited. It seems to need a pause before the next move. The

Durables Drive Dollar

Durables Drive Dollar

The firmness witnessed in the greenback during yesterday’s holiday-thinned trading session has carried over as liquidity and volume return to financial markets, causing the DXY to jump higher throughout Asian and European trade.  The chief drivers that have spurred the dollar recovery have not changed materially, but the narrative is taking a greater hold of

Core durable goods orders beat expectations with +0.5% – USD higher

Core durable goods orders beat expectations with +0.5% – USD higher

Finally some good underlying data: core durable goods orders are up 0.5% in April, better than +0.3% expected. This also came on top of an(other) upwards revision to the March data to +0.6%. The headline orders number came out at -0.5% as expected, but on top of an upwards revision as well: 5.1% instead of 4.7%

State of EUR/USD – The fall, the recovery and what’s next

State of EUR/USD – The fall, the recovery and what’s next

Just one year ago, EUR/USD traded at nearly 1.40. Since then, it has lost a lot of ground but managed to recover. Why did the pair fall so much, recover and what’s next? Here is an overview and an outlook: EUR/USD fell from a peak of nearly 1.40 in May to 1.05 a few months

Sell EUR/USD At Breakout Zone; Sell AUD/USD At S/T Resistance – Credit Suisse

Sell EUR/USD At Breakout Zone; Sell AUD/USD At S/T Resistance – Credit Suisse

The greenback continues rising and two currencies have drawn the attention of Credit Suisse: EUR and AUD. Here are the technical setups: Here is their view, courtesy of eFXnews: Starting with EUR/USD, CS notes that the bearish “outside” break below the 1.1066/52 “breakout” zone turns the broader trend lower again. “We look for further weakness here to

USD Index & DAX Have Positive Correction, USD Index Moves Higher  – Elliott Wave Analysis

USD Index & DAX Have Positive Correction, USD Index Moves Higher – Elliott Wave Analysis

The USD is making some strong moves across the board, as USD Index can be making a big wave three to the upside. The only surprise this morning was German DAX which was closed yesterday for holiday, so we have seen some nasty price moves. The index rallied to new highs before it lost nearly

Commodity Currencies, Oil Hedges and more – Market Movers #51

Commodity Currencies, Oil Hedges and more – Market Movers #51

Commodity currencies offer opportunities and we talk you through them. Not unrelated to the first topic, we run through the mechanisms of oil and top it off with the upcoming events. You are welcome to listen, subscribe and provide feedback. Commodity currencies: The three different currencies, AUD, CAD and NZD sometimes follow the same path and

Greek payday approaches

Greek payday approaches

The news flow over the extended week end has unsurprisingly been focusing on Greece as the end of another month nears and substantial payment deadlines loom. Not only will they have their monthly pension and civil servant pay packages to settle, but the next large slug back to the IMF is due on 5th June,

Sell EUR/GBP targeting 0.6770 – Barclays trade of the week

Sell EUR/GBP targeting 0.6770 – Barclays trade of the week

The euro is on a downwards trajectory for over a week, while the pound is holding well against the greenback. This provides opportunities in the EUR/GBP cross. The team at Barclays provides a chart and a few targets: Here is their view, courtesy of eFXnews: Currency investors should consider selling EUR/GBP this week, advises Barclays Capital

Staying short EUR/USD targeting 1.0460 as USD tests momentum

Staying short EUR/USD targeting 1.0460 as USD tests momentum

EUR/USD is suffering another downfall with the loss of 1.10. And this may only be the beginning. The team at Barclays examines the situation and remains short: Here is their view, courtesy of eFXnews: In its weekly FX note to clients, Barclays Capital retains its structural USD bullish view projecting the greenback to keep its