Today is Tue, June 28, 2016 7:14:22 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
Home » Currencies » EUR USD News

Top trade idea for June 24th, 2016 – EUR/GBP

After the UK’s surprise vote in a referendum to leave the European Union, the fall out is significant. GBP fell 15 big figures (FIFTEEN!) against the USD in 5 hours, share markets were smashed and gold rallied $100 an ounce. And they’re just the first blush reactions. Surprisingly, the EUR has held up quite well. […]

In or Out, D-Day for Sterling

Five things the markets are talking about The long wait is over. Voting stations are open and U.K citizens go to the polls to decide whether they want to be apart of the E.U or go it alone. In the meantime, investors should expect rumors and whispers to have capital markets on the edge right […]

Brexit Polls and Markets Disagree

Britain entered the final day of campaigning before its referendum on European Union membership with opinion polls and financial markets at odds about the outcome. Investors are piling money into bets on a victory for the “Remain” campaign, led by Prime Minister David Cameron, in Thursday’s plebiscite. The pound has surged to a five-month high […]

Assorted Bremain vs. Brexit Outcomes

Five things the markets are talking about Current market sentiment remains highly correlated to Brexit speculation. Global bourses are relatively mixed in the overnight session; a day after a strong risk rally was supported by U.K weekend referendum polls. Earlier this morning, Sterling (£1.4784) rallied to a new seven-month high, on the perception of diminishing […]

The Day After The U.K. Votes To Leave

Here’s what the world could look like on June 24 if the “Leave” camp won the previous day’s referendum on whether the U.K. should continue to be part of the European Union: The foreign exchange markets are in turmoil, with the pound falling 7 percent to 10 percent and the euro down about 3 percent […]

Top trade idea for June 20th, 2016 – EUR/GBP

Trading opportunities for currency pair: a pinbar has formed on the weekly. On Monday it was activated after an opening with a downward gap. The current quote is 0.7787. The target for the pinbar is 0.7690. We need to enter the market from the bounce with a small volume so as not to risk our […]

EUR/USD – Euro Steady, US Housing Reports Next

EUR/USD is quiet on Friday, as the pair trades at 1.1250. The pair showed strong volatility in the Thursday session, although the pair closed the day almost unchanged. In economic news, it’s a quiet day as we wrap up the trading week. Eurozone Current Account jumped to EUR 36.2 billion, well above expectations. EU financial […]

Brexit Negativity Takes A Time Out

Five things the markets are talking about Two themes have dominated proceedings in capital markets this week, first the flight to safety hitting global markets has been particularly acute in Europe, as polls suggesting growing levels of support for Brexit, ahead of the U.K’s June 23 referendum on its European Union membership. Second, central banks […]

Market Anxiety Rises as Brexit Referendum Enters Final Stretch

The UK referendum on its membership of the European Union is one of, if not the, biggest risk event for the financial markets this year and with only a week to go until the vote, it is impossible to say with any degree of confidence which way it’s going to. The polls have been very […]

Feds Street Cred Questioned

Five things the markets are talking about Yesterday was not a good day for the Fed’s credibility. U.S policy members did what was expected of them, and not hike rates, but their interpretation of “clarity” going forward is considered disappointing. In her press conference, Ms. Yellen highlighted that ‘Brexit’ was a factor in the Fed’s […]

Fed Skips June, Six See One Rate Hike In 2016

Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers gave a mixed picture of a U.S. economy where growth is picking up and job gains are slowing. While the median forecast of 17 policy makers remained at two quarter-point hikes this year, the number […]

Bund Yields See Red

Five things the markets are talking about Investors continued search for safety is lifting the historical go to currency pairs and gold ($1,280) in overnight trading. The JPY (¥105.73) and the CHF ($0.9640) continue to rise strongly as worries about the possibility of a vote to exit the EU in next week’s U.K. referendum, falling […]

EUR/USD – Euro Under Pressure, Markets Await US Retail Sales

EUR/USD is showing little movement on Monday, following losses in the Friday session. The pair is trading at 1.1260. It’s a very quiet start to the week, with no economic events in the Eurozone or the US. Jens Weidmann, president of the German Central Bank, will deliver remarks at an event in Frankfurt. On Tuesday, the […]

Brexit Vote Too Close to Call

Five things the markets are talking about There are several critical events taking place over the next two-weeks that will keep capital participants on their toes. This week will be dominated by central bank activity and rhetoric. While next week, the focus is all on the U.K and its Euro membership referendum (June 23). The […]

Week Ahead Fed Rate Decision in Focus

The U.S. Central Bank Expected to Keep Rate Unchanged but Focus on Forecasts Central banks will take the spotlight as the U.S. Federal Reserve, Bank of Japan (BOJ), Bank of England (BoE) and the Swiss National Bank (SNB) will publish monetary policy decisions. The market anticipates no changes across the board, but is expecting some […]

Danish Krone Hits Crisis Levels

Just one week after Denmark said it resorted to currency interventions for the first time in 16 months, the krone is again trading at critically strong levels. The culprit is Britain’s June 23 referendum on its European Union membership, with fears of a so-called Brexit driving investors into the safest markets, such as AAA-rated Denmark’s […]

Dollar And Yields Define Market Direction

Five things the markets are talking about All assets are on the move. Despite the lack of fundamental releases this week, multi-month records are been made across the various asset classes. Both Brent and WTI crude trade through the psychological $50 a barrel handle, a 34-week high. Global indices are encroaching on record high prints […]

EUR/USD – Euro Steady After Cautious Yellen Speech

EUR/USD is subdued on Tuesday, continuing the lack of activity which marked the Monday session. The pair is trading at 1.1370. On the release front, German Industrial Production posted a gain of 0.8%, matching the forecast. There are no major US events on the schedule, so it could be another quiet day for EUR/USD. The euro […]

Brexit Polls Give It All Back To Pound

Five things the markets are talking about Yesterday, traders were fully focused on what Yellen would say in Philadelphia. Was capital markets going to get the inside track on the timing of future rate hikes by the Fed? Would there be any hints that last Friday’s horrid non-farm payroll (NFP) report was all, but an […]

The “Big” Dollar Remains Down, But Is It Out?

Five things the markets are talking about The mighty buck has fallen to a new three-week low against its main currency rivals. Friday’s weaker-than-expected non-farm payroll (NFP) print for May (+38k vs. +152k) is now clouding the chances for a rate increase from the Fed this summer, and also generating worries of a looming slowdown […]

Powered by DayLife