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Tag: Euro Price


Finance Tech, Liquidity

Euro Price Forecast: EUR/USD Looks to Test 20-Year Lows, Central Bank Speakers in Focus

September 27, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro found some support this Tuesday after a poor performance against the greenback yesterday. The euro remains vulnerable to downside risk as fundamental headwinds significantly outweigh any sort of positivity at the moment as the eurozone […]


Finance Tech, Liquidity

Euro Price Forecast: Shocking German PPI Data Unable to Deter EUR Upside

September 20, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro has managed to pull itself above parity once more against the greenback despite quite shocking German PPI data for August (see economic calendar below). EUR/USD ECONOMIC CALENDAR Looking at the PPI comparison with and excluding […]


Finance Tech, Liquidity

Euro Price Forecast: Some Respite for EUR/USD as EU Core Inflation Remains Elevated at 3.8%

June 17, 2022

Via: DailyFX

The eurozone core inflation print came in as expected at 3.8% (see calendar below) for the month of May which bolstered euro upside post-release after a negative start to the European trading session. We can expect this to continue to […]


Finance Tech, Liquidity

Euro Price Forecast: Hawkish ECB on the Cards for EUR/USD Tomorrow?

June 8, 2022

Via: DailyFX

Money markets are becoming increasingly optimistic about a more aggressive European Central Bank (ECB) tomorrow after adding a few extra basis points yearly forecast. There has been much talk around a 50bps rate hike in July and rumors of a […]


Finance Tech, Liquidity

Euro Price Forecast: EUR/USD Gearing Up for ECB Rate Decision

June 6, 2022

Via: DailyFX

The euro opened stronger on Monday despite rising tensions between Russia and Ukraine after the Asian session fed off the risk on mood post-Chinese PMI. Although the economy remains in a contractionary state, both composite and services improved on the […]


Finance Tech, Liquidity

Euro Price Forecast: Is the EUR/USD Bear Market Rally Coming to an End?

June 1, 2022

Via: DailyFX

The euro has enjoyed some much needed respite since mid-May after extended long positioning on the U.S. dollar faded. Yesterday’s oil embargo on Russia has now heightened fears of further downward growth revision within the euro zone despite inflation data […]


Finance Tech, Liquidity

Euro Breaking News: European Commission Spring Forecast Buoys EUR/USD

May 16, 2022

Via: DailyFX

The European Commission’s Spring Forecast for 2022 revised Eurozone inflation upward to 6.1% in 2022 as expected with forecasts expected to decline to 2.7% in 2023. Growth projections in the region were subsequently lowered to 2.3% from 2.7% in February. […]


Finance Tech, Liquidity

EUR/USD Technical Price Outlook: Dollar Breakout or Euro Fake-out?

April 15, 2022

Via: DailyFX

Euro plunged more than 1.3% against the US Dollar today with the post-ECB sell-off driving EUR/USD into fresh yearly lows. That said, we have yet to validate a break of support with an extended holiday break on the horizon- looking […]


Finance Tech, Liquidity

EUR/USD Reverses from 50-Day SMA with US NFP Report on Tap

April 1, 2022

Via: DailyFX

EUR/USD struggles to retain the advance from earlier this week after testing the 50-Day SMA (1.1173), and fresh data prints coming out of the US may drag on the exchange rate as the US Non-Farm Payrolls (NFP) report is anticipated […]


Finance Tech, Liquidity

Euro Technical Price Outlook: EUR/USD Rips Towards Trend Resistance

March 17, 2022

Via: DailyFX

Euro rallied more than 1.9% against the US Dollar since the start of the week with EUR/USD surging on the heels of yesterdays FOMC interest rate decision. The bulls haven’t grasped control just yet as the rally keeps price within […]


Finance Tech, Liquidity

Euro Price Latest – EUR/USD Crumbles on US Dollar Demand, EU Growth Worries

March 7, 2022

Via: DailyFX

The Euro is hitting fresh multi-month lows against a rampant US dollar and is testing the 108.00 big figure as the ongoing Ukrainian crisis continues to unfold in the foreign exchange market. With little in the way of technical support, […]


Finance Tech, Liquidity

Euro Technical Price Outlook: EUR/USD Fades CPI Losses- Breakout Brewing

February 10, 2022

Via: DailyFX

Euro surged more than 3% off the January lows against the US Dollar with EUR/USD threatening a breakout today on the heels of a hotter than expected US inflation print today. January CPI recorded another 40-year high with headline inflation […]


Finance Tech, Liquidity

Euro (EUR) Price Outlook: No End Yet in Sight for EUR/USD Weakness

November 17, 2021

Via: DailyFX

The tumble in EUR/USD that has taken it from a high of 1.2266 on May 25 to only just above 1.13 now shows no sign of ending anytime soon. Indeed, the price has now broken below the support line connecting […]