The EUR/USD has been falling quite sharply in the last week. And for the most part, it has been thanks to a strong USD. However, it appears there are still concerns around the US-China trade wars, which might well weigh on the USD this week. Read More on eurusd.co
Central Banks Again Drive the EUR/USD
The EUR/USD hasn’t managed to hold up above the 1.1700 level, as the USD continues to gain momentum. In a week that features both the FOMC interest rate decision and US employment, we might well see the Euro under even more pressure. Read More on eurusd.co
Trade Wars Helping the EUR/USD
The EUR/USD is managing to grind its way higher, helped mostly by the weak USD. US President Donald Trump is weighing on the USD as he continues to threaten both China and Europe. We also have the ECB out this week, with much attention on when the first official rate rise will be. Read More on eurusd.co
Geopolitics and the Fed to Drive The EUR/USD
The EUR/USD continues to be on the back foot, in a week that has a number of important events. We have a US-Russia summit, US Federal Reserve Chairman Jerome Powell to testify in front of Congress and Eurozone CPI. Read More on eurusd.co
Can The EUR/USD Bounce Back?
ECB President Mario Draghi sank the Euro last week when his dovish outlook sent investors and traders fleeing. That went hand-hand with a rising USD thanks to some strong economic data. This week traders will be wondering if in fact the EUR/USD can recover or if it is the start of more selling to come. Read More on eurusd.co
The EUR/USD Facing its Biggest Moment
This is looming as one of the biggest weeks for the EUR/USD in many years. The ECB will meet to discuss the prospect of winding up QE. This has been on the agenda for many months and it looks like June is finally the month the ECB will take action. Read More on eurusd.co
Politics Shakes The EUR/USD
Last week saw more political dramas shake-up the EUR/USD. After Italian politics was thrust back into the limelight, the Euro sold off hard, amid fears of another crisis. Some wrangling behind the scenes helped stabilize Italy and that saved the Euro in the short-term. However, there are still more worries ahead. Read More on eurusd.co
The EUR/USD Might Bounce on QE Tapering
It’s been nothing but downside for the EUR/USD in recent weeks. However, there might be a glimmer of hope ahead as news late last week suggested the ECB will look to taper QE at their June policy meeting. This week we also have a number of big economic data releases including US Employment and Eurozone CPI which will be key drivers of price action. Read More on eurusd.co
The EUR/USD Continues to Tumble
There appears to be little that can halt the EUR/USD slide at the moment. The shared currency posted losses all last week and support levels are falling on a daily basis. This week the attention will be back on ECB President Mario Draghi as we get an insight into the most recent ECB meeting. Draghi was dovish at the time which is an indicator of perhaps more downside this week. Read More on eurusd.co
The EUR/USD Finds Some Support Ahead of CPI
The EUR/USD finally managed to stem the bleeding last week, after what has been a steep decline in the shared currency. For the most part the weakness has come on the back of a rising USD. As the US economy continues to improve the Greenback continues to see money flowing back into it. This week is a big test for the Eurozone as we get a look at inflation, which has been one of the key areas of interest for both traders and central banks. Read More on eurusd.co