EUR/USD turns negative around 1.1880, dollar regains the smile
EUR/USD fades the earlier move to levels past 1.1900. EMU flash Q2 GDP rose 2.0% QoQ, 13.7% YoY. US Core PCE came in short of estimates in June. EUR/USD came … Read More
Tag: EURUSD
Room for a move to 1.1975
EUR/USD records new tops beyond 1.1900 on Friday. Further upside is seen re-testing peaks around 1.1975. EUR/USD finally surpasses the 1.1900 hurdle and clinches new highs at the end of … Read More
EUR/USD advances to new highs beyond 1.1900, recedes afterwards
EUR/USD extends the recovery just past the 1.19 level. EMU flash CPI rose 2.2%, Core CPI gained 0.7%. EMU advanced Q2 GDP expanded 2.0% QoQ, 13.7% YoY. The single currency … Read More
Eurozone Preliminary CPI rises to 2.2% YoY in July, beats estimates
According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 2.2% in July, outpacing expectations of 2.0% while rising from June’s reading of 1.9%. The core … Read More
Eurozone Preliminary GDP rebounds 2.0% QoQ in Q2 vs. 1.5% expected
The Eurozone economy rebounded 2.0% on quarter in the three months to June of 2021, beating 1.5% expected and -0.3% prior, the first estimate showed on Friday. On an annualized basis, the … Read More
When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?
Eurozone Preliminary CPIs and GDP overview Eurostat will publish the first estimate of Eurozone inflation and growth figures for July and Q2 2021 respectively at 0900 GMT on Friday. The … Read More
Economic growth in Q2 better than forecast
French Finance Minister Bruno Le Maire said that the second-quarter economic performance was ‘exceptional’ after the economy expanded 0.9% QoQ in Q2 vs. 0.8% expectations. Additional comments “Q2 French economic … Read More
EUR/USD faces a probable move to 1.1930/85 – Commerzbank
In opinion of Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, EUR/USD could now attempt to test the 1.1930/85 band. Key Quotes “EUR/USD maintained its near term move … Read More
EUR/USD expected to surpass 1.1900 – UOB
FX Strategists at UOB Group noted EUR/USD is now predicted to advance beyond the 1.1900 yardstick in the next weeks. Key Quotes 24-hour view: “While we expected EUR to strengthen … Read More
Bulls defend daily support near 0.8520
EUR/GBP manages to trade higher on Friday in the Asian trading session. Cross is not in the mood to give up 0.8520 easily to bears. Momentum oscillators hold onto the … Read More