Euro Stable as PMIs Leave Euro-Zone Tapering Expectations Intact

Talking Points – Euro-Zone economic growth eased in October but remained strong, according to the latest purchasing managers’ indexes. – That means the European Central Bank is still likely to announce a tightening of monetary policy Thursday. – The Euro was stable after the data and will likely remain little changed until Thursday’s announcement. What […]

Video: ECB and BoJ Decisions More Than Euro and Yen Events

Talking Points: There are two drivers (currencies) for every exchange rate, but that doesn’t mean the influence is equally weighted Big moves from EUR/USD, AUD/USD and GBP/USD speak to major breakouts or reversal, but opportunity depends on motivation We look at equally-weighted indexes for the Dollar, Euro, Pound and Aussie Dollar to establish which is […]

Dollar Drop to Eight-Month Low Fires Euro, Pound Higher

Talking Points: – Dollar weakness continues to drive as we near the close of Q2, and this has created outsized rallies in European and British counter-parts. – Gold prices continue to fall as indication of increasing inflation expectations that are percolating through many major economies. – For trading ideas, please check out our Trading Guides. […]

Euro Positioned to Continue Rally versus Greenback, Commodity Currencies

Fundamental Forecast for EUR/USD: Bullish – Continued rise in US political risk has increased Euro’s appeal versus US Dollar, particularly as timeline for US fiscal stimulus appears to have been pushed back significantly. – The retail crowd still isn’t buying into the EUR/USD rally – which means it may have more room to run yet. […]

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Euro Falls After Macron Win, Yen May Rise on Risk Aversion

Talking Points: Euro falls even as Macron wins French presidential election NZ Dollar before RBNZ meeting, Aussie falls after China data Japanese Yen may rise as sentiment sours around the markets The Euro declined even as market favorite Emmanuel Macron emerged victorious in the second round of the French presidential election. As argued previously, the […]