Currency markets are volatile and unpredictable. We help businesses mitigate risks to their cashflow by providing strategic support and analysis of all the latest trends from around the world.
Currency List
Currency List
Non EU
EUR
EUR
EUR
18
Dec
Dec
EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD remains flat after two days of small losses, trading around 1.1740 during the Asian hours on Thursday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern. The EUR/USD pair holds above the rising nine- and 50-day Exponential Moving Averages (EMAs), […]
18
Dec
Dec
EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook. Japanese Prime Minister Sanae Takaichi on Wednesday underlined the need for proactive fiscal policy to strengthen […]
16
Dec
Dec
EUR/USD holds gains ahead of Eurozone business activity figures
EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone Manufacturing and Services Purchasing Managers Indexes (PMIs) for December and the delayed US employment figures. Markets are in a moderate risk-off mood. Most Asian stock markets have posted losses, and the main European equity […]
16
Dec
Dec
EUR/GBP trims gains below 0.8800 after UK labor market report
The EUR/GBP cross pares gains near 0.8785 during the early European session on Tuesday. The Pound Sterling (GBP) recovers some lost ground against the Euro (EUR) after the UK employment data. Traders will keep an eye on the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, France and Germany, which are due later on […]
15
Dec
Dec
EUR/USD trades with negative bias around 1.1730 amid recovering USD; downside seems limited
The EUR/USD pair kicks off the new week on a softer note, though it remains within striking distance of the highest level since early October, touched last Thursday. Spot prices currently trade around the 1.1730 region, down less than 0.10% for the day. The US Dollar (USD) edges higher during the Asian session on Monday and […]
10
Dec
Dec
EUR/USD holds steady below 1.1650, all eyes on Fed rate decision
The EUR/USD pair trades flat around 1.1625 during the early European session on Wednesday. Markets turn cautious ahead of the US Federal Reserve (Fed) interest rate decision later on Wednesday, in which a 25 basis points (bps) rate cut is almost fully priced in. The Fed is expected to deliver a further interest rate cut at its December […]
09
Dec
Dec
EUR/JPY Price Forecast: Holds above 181.50, positive view remains intact
The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions. Furthermore, weaker-than-expected Japan Gross Domestic Product (GDP) data for the third quarter might […]
09
Dec
Dec
EUR/USD strengthens to near 1.1650 on Fed rate cut bets and strong German data
The EUR/USD pair gains ground to near 1.1645 during the early European session on Tuesday. The prospect of a US interest rate cut on Wednesday weighs on the US Dollar (USD) against the Euro (EUR). Traders will keep an eye on the US ADP Employment Change four-week average and Jolts Job Openings reports for September and October […]
08
Dec
Dec
EUR/USD – JP Morgan Recommendation
JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry: 1,1666 Target: 1.1800 Stop: 1.1590 JP Morgan recommends taking a long position on EURUSD at 1.1666 with a target of 1.1800 and a stop loss order placed at 1,1590. Source: xStation5 […]
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