Post Tagged with: "Euro/Dollar"
EUR/USD Loses Support As There’s No Light at the End of the Greek Tunnel
EUR/USD lost another line of support after a pause. This comes as talks on Greece are deep in the mud. In addition, protests are raging in Athens, and Greek prime minister has already suggested that he will resign. Updates. Euro/Dollar lost the 1.4282 level after struggling with it during the day, and is now at
The beginning of the end of QE?
The next meeting of the FOMC may still be four weeks ago, but Fed officials have been hitting the newswires en masse recently declaring that they would like to see quantitative easing end in June. Yesterday, the dollar got a boost from some hawkish comments from St Louis Fed President Bullard, who declared that the
Belgian Bond Yields On the Rise as Well
Belgium, the heart of the European Union, also suffers from significant debt, and it isn’t immune to contagion. The gap between Belgian 10 year bonds to the benchmark German bunds rose to 139 basis points. Bloomberg reports: “Belgium has moved to the foreground as investors ask themselves ‘who’s next?’ to ask for help,” said Carsten
Spanish Yields Break Higher – Euro/Dollar Falls
EUR/USD broke another significant support line, and is now supported by the round, yet not so strong figure. Contagion is spreading, with Spanish bonds now sharing the limelight with Italian bonds – which also see soaring yields. Update on the fast moves
EUR/USD Outlook – August 30 – September 3
The calendar is packed for the Euro in the upcoming week, with the rate decision being the highlight. Here’s an outlook for European events and an updated technical analysis for the ranging EUR/USD. EUR/USD daily chart with support and resistance lines marked. Click to enlarge: Echoes from the downwards revision of US GDP and also
EUR/USD Outlook – August 16-20
After a terrible week for the Euro, it now expects a relatively calm week, with the ZEW Economic Sentiment being the highlight. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD, now at much lower ground. EUR/USD graph with support and resistance lines on it. Click to enlarge: Excellent GDP
EUR/USD Outlook – August 9-13
After riding the Non-Farm Payrolls, a busy week expects Euro traders, with the best kept for last – GDP figures on Friday. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD. EUR/USD chart with support and resistance lines marked. Click to enlarge: The Euro enjoyed the reports that the US
EUR/USD Close To Uptrend Support Before NFP
EUR/USD, that enjoyed a sharp rally in a steep uptrend channel, is flirting with the bottom edge of this channel just before the critical release of the NFP. Technical update on this pair
EUR/USD Outlook – August 2-6
The rate decision stand in the center of a week full with economic indicators. Here’s an outlook for the European events and an updated technical analysis for EUR/USD. EUR/USD daily chart with support and resistance lines on it. Click to enlarge: The Euro edged up in the past week, but did it with hesitation. It’s
European trouble sends EUR/USD down
EUR/USD is under 1.30 once again, after bouncing at the resistance line, suffering from weak economic data, and with Spain causing worries once again. It now approaches the lower border of the steep uptrend channel. Here’s an update. I’ve discussed the EUR/USD uptrend channel in the article on Tuesday about Euro/Dollar at resistance. I wrote