The EUR/USD continues to get pushed around by the USD as all the news coming out at the moment is very much centred around the USA. Last week it was rising yields that kept the pressure on world markets as stocks have been falling. It looks likes we might have more of the same this week as well. Read More on eurusd.co
The EUR/USD in Falling on US Yields
The EUR/USD was on the slide last week, after the yield on US 10 year note, broke out to new highs. That saw a fair bit of interest in the USD and as a result, many of the majors fell away sharply. This week we look to the ECB minutes for some potential support to potentially halt the slide. Read More on eurusd.co
The EUR/USD Fails at Resistance
The EUR/USD was looking bullish coming into last week. Unfortunately for the bulls, the USD had other ideas and the EUR/USD once again fell away sharply. This week we have US employment that might just give the USD another kick forward. Read More on eurusd.co
The EUR/USD in Breakout Mode
The EUR/USD staged a big recovery last week as it broke through a number of big resistance levels. We can largely thank a weak USD and we will once again need to monitor some very important monetary policy announcements in the next few days. Namely the FOMC. Read More on eurusd.co
More Tariffs To Impact the EUR/USD
The EUR/USD was trying its best to regain some strength, but all that changed on Friday when the USD found a bid and closed strongly. Again it will be the USD that dictates the direction of the EUR/USD as more trade war headlines continue to hit the wires to start the week. Read More on eurusd.co
Tariffs Still Weighing on The EUR/USD
The EUR/USD has continued the slide and there might be more ahead this week. The Greenback got a bit of a boost last week after a stronger than anticipated jobs number out of the US. Read More on eurusd.co
US Employment The Key to The EUR/USD
The EUR/USD fell away sharply towards the end of the trading week as the USD finally found its feet. There was plenty of resistance holding down price and as the US gears up for another employment report, there is a chance of more selling to come. Read More on eurusd.co
The Greenback to Drive The EUR/USD
The EUR/USD has done an about-face over the last trading week. We have previously seen the bears continue to beat down the Euro over the last few months, but thanks to a weak USD, things changed rapidly. The EUR/USD is now bullish, but this week will be the real test. Read More on eurusd.co
ECB Minutes to Drive The EUR/USD
The EUR/USD has been in the red for a number of weeks now, although the shared currency managed to dig itself out of a hole towards the end of the week. Unfortunately, looking ahead the key event will once again be the ECB minutes, in which a dovish ECB President Mario Draghi will feature heavily. Read More on eurusd.co
The EUR/USD Under Pressure
The EUR/USD was in freefall last Friday, thanks in the most part to a big rally in the USD. The Greenback got a boost from some strong GDP figures and the bulls took control. The EUR/USD sank below the 1.1500 level, before taking on 1.1400 and is now firmly in bear market territory. Read More on eurusd.co