EUR
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Hovers around 177.50 near nine-day EMA
EUR/JPY appreciates after opening at a bearish gap, remaining in negative territory and trading around 177.50 during Asian hours on Monday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is maintaining a capped tone as it holds below the […]
by Currency Hedger
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- 5 days ago
EUR, Fx Pairs, GBP, Market Analysis, Technical Analysis, USD
FX Market Outlook for Monday: Dollar Index Falls 0.75% as Sterling, Euro and Commodity Currencies Advance
Foreign exchange markets head into Monday with the US dollar under pressure, as the dollar index falls 0.75% while the Brazilian real, New Zealand dollar, Norwegian krone, British pound and euro record gains. The Indian rupee and Mexican peso weaken, while the Japanese yen remains broadly unchanged. The dollar’s decline is the key development for […]
by Currency Hedger
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- 7 days ago
EUR, Market Analysis, Technical Analysis
EURUSD continues to rebound
EURUSD rises for a second consecutive day, supported by lower yields and cooling oil prices EUR/USD continues to rebound after falling to a 17-month low, with yesterday’s stronger-than-expected U.S. PPI inflation data failing to halt the recovery. The pair is up nearly 0.2% today after gaining around 0.6% in the previous session, supported not only […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis
Euro retreats further as solid UK data supports British Pound
The Euro (EUR) remains on its back foot against the British Pound (GBP) on Friday, as UK macroeconomic data released on Tuesday beat expectations while Eurozone’s figures disappointed. The EUR/GBP pair hit session lows around 0.8440 on Friday, down from Thursday’s highs near 0.8480, and is on track to complete a three-week bearish cycle. Data […]
by Currency Hedger
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- 1 week ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Euro stalls below 1.1240 with Eurozone Inflation data on tap
The Euro (EUR) ticks higher against the US Dollar (USD) on Friday and is on track to its first weekly gain in more than one month, as the recent pullback in US Treasury yields and dovish comments by Federal Reserve officials have undermined speculative demand for the Greenback. The pair, however, has been capped at […]
by Currency Hedger
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- 1 week ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds steady below 177.50, bearish technicals reinforce downside bias
The EUR/JPY cross trades on a flat note around 177.30 during the early European trading hours on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY). Furthermore, hawkish comments from a Bank of Japan (BoJ) policymaker could provide some support to the JPY and act […]
by Currency Hedger
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- 1 week ago
AUD, EUR, Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar Leads FX Gainers as Australian Dollar and Pound Strengthen, While US Dollar Softens
The New Zealand dollar is leading major currency gainers, appreciating 0.52%, while the Australian dollar advances 0.34% and the British pound rises 0.17%. The Japanese yen also edges higher, while the Indian rupee comes under pressure and the US dollar index declines. The euro remains broadly unchanged. The latest moves point to a mixed currency […]
by Currency Hedger
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- 1 week ago
EUR, Technical Analysis, USD
EUR/USD Parity Is Back on the Table: France’s Debt Crisis and Europe’s Economic Weakness Put the Euro at Risk
Today Markets Analysis | Currency Hedger Contributor The euro’s return to $1.00 against the US dollar is no longer a scenario that can be dismissed. France’s deteriorating public finances, political uncertainty, weak eurozone growth and persistent competitiveness problems create a credible case for further euro depreciation. EUR/USD recently fell to around $1.1160, its weakest level […]
by Currency Hedger
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- 1 week ago
EUR, GBP, Market Analysis
Euro extends reversal against British Pound amid grim Eurozone Industrial Production
The Euro (EUR) retreats further from session highs against the British Pound (GBP) on Thursday, as Eurozone Industrial Production misses expectations, while UK monthly Dros Domestic Product (GDP) figures posted a positive surprise. The EUR/GBP pair has retreated below 0.8460 from session highs near 0.8480 during the early Asian trade and is practically flat on […]
by Currency Hedger
- 0 Comments
- 1 week ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Extends recovery above 1.1200 at US Dollar’s expense
The Euro (EUR) is up 0.5% at around 1.1220 against the US Dollar (USD) during the early European trading session on Thursday after extending is Wednesday’s recovery move. The major currency pair recovers further as the US Dollar underperforms due to a sharp decline in United States (US) Treasury Yields, following the release of the […]
by Currency Hedger
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- 1 week ago