Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The euro faces a complex outlook as concerns over France’s public finances and political uncertainty continue to influence European bond markets. Rising French government bond spreads have increased scrutiny of fiscal credibility, while the European Central Bank (ECB) has reiterated that it has instruments available […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The euro enters the week beginning 12 October under pressure as concerns over France’s public finances combine with a resilient US dollar and elevated bond yields. EUR/USD was trading near 1.1195 at the end of the previous week, with the pair heading towards a fifth […]
The EUR/USD pair attracts buyers for the second straight day, rising to the 1.1225-1.1230 area during the Asian session on Friday amid a weak US Dollar (USD). Spot prices, however, remain confined within a range held since the beginning of this month, warranting some caution for bulls. President Donald Trump said on Thursday that the […]
Fed Governor Christopher Waller said the US economy appears to be strengthening noticeably in the second half of 2026, while the labor market remains “solid and stable” despite a slower pace of job creation. At the same time, he stressed that inflation remains too high and has been above the Fed’s target for around five […]
The EUR/USD pair recovers some lost ground to around 1.1200 during the early Asian session on Thursday. However, the potential upside for the major pair might be limited as France’s fiscal concerns continued to weigh on the Euro (EUR). Traders await the release of the US weekly Initial Jobless Claims report and the Fedspeak later […]
The Euro (EUR) extends losses against the British Pound (GBP) on Wednesday, on track to complete a nearly 1.6% decline in a nine-day losing streak. A mild EUR/GBP recovery attempt found sellers at the 0.8500 area on Tuesday, sending the pair back to the 0.8475 area, with the 16-month low, at 0.8455, on sight. The […]
EUR/JPY inches lower after posting modest gains in the previous day, trading around 177.90 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross is remaining within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below […]
The Euro (EUR) is down 0.18% to near 1.1238 against the US Dollar (USD) during the Asian trading session on Wednesday. The major currency pair faces selling pressure as the US Dollar regains ground after a corrective move the previous day. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against […]
The EUR/USD pair remains on the defensive near 1.1250 during the early Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of France’s debt crisis. The Minutes of the Federal Open Market Committee (FOMC) will be in the spotlight later on Wednesday. France’s Finance Minister said the government […]
German industrial orders fell by 10.6% month-on-month in August, compared with analysts’ expectations for a 1% decline and a 2.5% increase in July. EUR/USD has resumed its decline and is trading at its lowest level since May 19, 2025 following the release, which raises serious questions about the outlook for the eurozone’s largest economy. The […]