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EUR/USD: it’s all about Payrolls now

EUR/USD Current price: 1.0865 View Live Chart for the EUR/USD The EUR/USD pair is ending the day pretty much flat around 1.0860, having extended its decline earlier in the day down to 1.0833, a fresh 3-month low. The data released in Europe were soft, with German new orders in manufacturing in September down by 1.7% and retail sales in the […]

EUR/USD: beware of large stops below 1.0818

EUR/USD Current price: 1.0854 View Live Chart for the EUR/USD A bout of positive US data, alongside with FED’s Yellen stating that the FOMC thought it could be appropriate to move in December, but that no decision was made, sent the EUR/USD pair to its lowest since late July. Data were clearly supportive of the greenback, as the ADP private […]

EUR/USD: can’t fight against Central Banks’ imbalances

EUR/USD Current price: 1.0963 View Live Chart for the EUR/USD Financial markets posted quite mixed results  this Tuesday, with steady losses in the EUR and the JPY against the greenback, oil prices surging to fresh 3-week highs, and gold plummeting to a 5-week low, being the most notable developments. Dollar’s demand started in the European morning, although the lack of […]

EUR/USD: waiting for a trigger

EUR/USD Current price: 1.1020 View Live Chart for the EUR/USD There was little action across the forex board this Monday, but generally speaking, the dollar refused to give up. The day started with soft Chinese data, which showed that the official manufacturing PMI remained below 50 in October, matching September reading of 49.8. The service sector grew less than previously, […]

EUR/USD: selling the rallies

EUR/USD View Live Chart for the EUR/USD Month-end profit taking sent the greenback lower across the board last Friday, although the decline faded before the closing bell. The EUR enjoyed of some temporal demand, rising against its American rival up to 1.1072, before selling interest re-surged. Macroeconomic news by the end of the week showed that the Euro area annual […]

EUR/USD: beware of month-end profit taking

EUR/USD Current price: 1.0965 View Live Chart for the EUR/USD The American dollar closed mixed this Thursday, having however, held near its recent highs against most of its rivals. The macroeconomic front was pretty busy, but majors saw limited reactions to the news. Starting with Europe, the region released its confidence figures for October, with main reading resulting at -7.7, […]

EUR/USD: fresh lows on a hawkish FED, 1.0840 next

EUR/USD Current price: 1.0907 View Live Chart for the EUR/USD Wednesday saw major pairs confined to tight ranges as investor’s attention was centered in the outcome of the FOMC’s meeting. And the US Federal Reserve surprised the markets with quite a hawkish tone, sending the greenback sharply higher across the forex  board. The FOMC statement showed that officers acknowledge the […]


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