EURUSD Fails to Test 2019 Low, RSI Flashes Bullish Signal After ECB
EURUSD fails to test the 2019-low (1.0926) following the ECB meeting, with the Relative Strength Index (RSI) breaking out of the bearish formation carried over from June.
EURUSD Rate Rebound Unravels as Attention Turns to ECB Meeting
EURUSD gives back the rebound from earlier this month, with the Euro at risk of exhibiting a more bearish behavior as the ECB is expected to deliver a rate cut.
EURUSD Forecast: Monthly Opening Range on Radar Ahead of ECB Meeting
EURUSD holds the monthly opening range ahead of the ECB meeting, but fresh updates from the Governing Council are likely to alter the near-term outlook for the Euro.
EURUSD Rebound in Focus Amid Dismal ISM Survey, Mixed Fed Rhetoric
EURUSD may stage a larger rebound over the coming days as signs of a slowing economy puts pressure on the Federal Reserve to reverse the four rate hikes from 2018.
EURUSD Rate Reverses Ahead of Monthly-Low Following Fed Symposium
EURUSD reverses course following the Fed Economic Symposium, with the failed attempt to test the August-low (1.1027) raising the scope for a larger rebound.
EURUSD Rate Eyes Monthly-Low as Germany Warns of Economic Slump
EURUSD extends the decline from the previous week and approaches the monthly-low (1.1027) as the Bundesbank, Germanys central bank, warns of an economic “slump.”
EURUSD Rebound Unravels as Fed Tames Bets for Rate Easing Cycle
EURUSD may continue to consolidate over the coming days as the Federal Open Market Committee (FOMC) tames speculation for a rate easing cycle.
EURUSD Searches for Support as Fed Tames Bets for Rate Easing Cycle
EURUSD searches for support ahead of the US Non-Farm Payrolls (NFP) report as the Federal Reserve tames speculation for a rate easing cycle.
Post-ECB EURUSD Rate Outlook Hinges on FOMC Forward Guidance
The Federal Reserve interest rate decision may fuel a more meaningful rebound in EURUSD as the central bank is widely expected to alter the path for monetary policy.
Dovish ECB Meeting Minutes to Rattle EURUSD Rate Rebound
Fresh developments coming out of the Euro area may rattle the recent rebound in EURUSD if the ECB shows a greater willingness to implement more non-standard measures.
EURUSD Vulnerable to Larger Pullback on Strong US Job/Wage Growth
Updates to the US Non-Farm Payrolls (NFP) report may keep EURUSD under pressure as the economy is anticipated to add 160K jobs in June.
Upbeat German Unemployment Report to Curb EURUSD Losses
Fresh data prints coming out of the Euro area may curb the recent decline in EURUSD as German Unemployment is expected to hold flat in June.
Dwindling German IFO Business Climate Survey to Rattle EURUSD Rally
Updates to Germanys IFO Business Climate survey may rattle the recent rally in EURUSD as the index is expected to narrow for the third consecutive month in June.
EURUSD Rate Breakout Undermined by Dovish ECB Forward Guidance
EURUSD struggles to hold its ground ahead of the Fed rate decision as ECB President Mario Draghi endorses a dovish forward-guidance for monetary policy.
EURUSD Rate Consolidates Ahead of ECB Amid Failure to Test April-Low
EUR/USD fails to test the May-low (1.1107) ahead of the ECB meeting on June 6, with the exchange rate snapping the series of lower highs and lows from the previous week.
EURUSD Monthly Open Range in Focus Ahead of Germany GDP Report
Germanys Gross Domestic Product (GDP) report may spark a bullish reaction in EUR/USD as the updates are anticipated to show a pickup in economic activity.
EURUSD Rebound Vulnerable to Strong U.S. Consumer Price Index (CPI)
Updates to the U.S. Consumer Price Index (CPI) may spur a bullish reaction in the dollar as the headline reading is projected to increase to 1.8% from 1.5% in February.
EUR/USD Rate to Hold 2019 Range on Another Dismal NFP Report
Another below-forecast NFP print may spark a short-term rebound in EUR/USD as it puts pressure on the Federal Reserve to reverse the four rate-hikes from 2018.
EUR/USD Fails to Test 2019-Low as U.S. Durable Goods Orders Disappoint
EUR/USD fails to test the 2019-low (1.1176) following the U.S. Durable Goods Orders report, with the exchange rate still tracking the range from the previous month.
FOMC Preview: EUR/USD to Eye Monthly-High on Dovish Forward-Guidance
A material shift in the Federal Reserves forward-guidance may fuel the recent advance in EUR/USD if the FOMC shows a greater willingness to abandon the hiking-cycle.