EUR/USD Falls on Stagnant Europe
EUR/USD breaks to a new 9 month low after GDP is very worrying. An no – the Greek crisis is far from over. Next stop – 1.3420.
European GDP figures were very disappointing. Germany’s economy didn’t grow in Q4. This followed weak growth in Q3. According to the initial release, the German economy stalled. This fell [...]
Forex Daily Outlook – February 12th 2010
The final day of the week is all about the major pair EUR/USD – lots of figures will be pouring out of these two regions and will determine the direction of pair towards the close of the week. Let’s see what’s up for today.
European figures
Europe’s GDP number will take the attention in the morning. Germany’s [...]
Forex Weekly Outlook – February 8-12
After one of the wildest weeks that we’ve seen in quite a while, the upcoming week seems more quiet, at least at the beginning. The echoes of the Non-Farm Payrolls will be heard during this time. Later on, some major market moving events are due. Here’s the outlook for the second week of February.
Finance ministers [...]
EUR/USD Outlook – February 8-12
The Euro broke down once again, and lost key support this time. The upcoming week is full with events, culminating with the initial releases of GDP on Friday. Here’s an outlook for this week’s events, and an updated technical analysis for EUR/USD, with a look downwards.
EUR/USD chart with support and resistance lines marked on it. [...]
EUR/USD Outlook – November 9-13 2009
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast.
After a good week, the Euro expects a week full with indicators, with GDP numbers kept for Friday. The Euro is slowly climbing again, but it still seems out of fuel. Here’s an outlook for the events in the Euroland and [...]
Forex Weekly Outlook – November 9-13 2009
After a very busy week, that finished with painful employment figures in the US, the markets will have more time to digest the news this week. European GDP figures, British and Australian employment figures and US Trade Balance will stand out this week. Let’s see the main events awaiting us this week.
During the weekend, the [...]
Catious European Recovery Helps EUR/USD
European recovery is lead by Germany and France. Today’s PMI figures showed. The other countries are lagging behind, and the forex market reacts cautiously. Will the whole continent prosper? Will EUR/USD break out of the range?
European Purchasing Managers’ Indexes were better than expected. Data from France was the earliest. French Flash Services PMI scored 48.9, better [...]
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