EUR/USD has fallen following the release of a stellar jobs report from ADP – the largest payroll processing company in the US - which saw 298k jobs added to the economy in February, when analysts had only expected 190k.
March 8,2017
EUR/USD is stubbornly hanging on to current levels and not falling as would be expected from widening EU/US yield spreads.
March 8,2017
Falling demand for global stocks and investor desire for safer assets such as German bunds, has led to even greater widening between rising US bond yields and falling ‘EU’ bond yields, which does not bode well for EUR/USD.
March 8,2017
Morgan Stanley (MS) have provided their view of G10 currencies at the current juncture.
March 7,2017
EUR/USD made a remarkable recovery at the end of last week rising up from 1.0505 to 1.0623 in just one day, can it extend higher?
March 7,2017
The Euro to US Dollar exchange rate is forecast to fall to just above parity by ING’s FX Strategist Chris Turner in a recent note seen by PSL, we investigate the reasoning behind his bearish call.
March 3,2017
Further upside gains for the Dollar may be hard won, says Abn Amro’s FX strategist Georgette Boele.
February 24,2017
New FX forecasts have been released by investment bank Morgan Stanley.
February 24,2017
It is not a good sign when a currency stops rising on good news but that appears to be what happened to the Dollar at the end of last week.
February 20,2017
EUR/USD surged unexpectedly higher on Thursday, reaching highs of 1.07 but then gave back most of its gains on Friday as it moved back down to the lower 1.06s .
February 20,2017
Too much political risk has been priced into the Euro, says RBC Capital Market’s Elsa Lignos, who sees a much lower (0.1%) probability of Marine Le Pen winning the French presidency than the market seems to be pricing in.
February 19,2017
Traders who trade the news would have been bewildered by the rise of the Euro on Thursday.
February 17,2017
The EUR/USD pair is pushing relentlessly lower.
February 15,2017
The European Union (EU) is set to continue growing at a modest rate, according to a quarterly economic report authored by the European Commission
February 13,2017
EUR/USD has broken out of its rising channel and fallen to a point above the downside target at 1.0605.
February 13,2017
EUR/USD has broken out of a rising channel in a strongly bearish sign which indicates more downside is probably on the horizon.
February 9,2017
Strategists at J P Morgan have been busy modeling the impact of a Le Pen victory in France on financial markets, including bond markets and foreign exchange.
February 10,2017
Analysts at Morgan Stanley are advocating EUR/USD be sold, at the start of the trading week.
February 7,2017
The Euro has been slowly tracking higher through January as Eurozone data shows modest step-by-step improvements.
February 5,2017
The EUR/USD continues rising inside an ascending channel which began at the December lows.
February 1,2017