[EUR/USD] After the Christmas Holidays
Yesterday, while the European market remained closed, the New York market reopened. As the Dollar weakened, the Euro rose to 1.0429 but continued to trade in a narrow range. Today, …
[EUR/USD] Continuing Euro Downside Risk
Last week, after the U.S. Federal Reserve reduced its forecast for rate cuts next year from 4 to 2, the euro fell to 1.0343. However, the November 22 low of …
[EUR/USD] Euro Faces Pressure Due to Dollar Strength
Following the FOMC results, the euro fell from around 1.05 to the mid-1.03 range. Yesterday, short covering for the euro was strong, and the price was pushed back up to …
[EUR/USD] Weakness in the German Economy
In the Tokyo market, the euro rose to 1.0534, breaking the previous high of 1.0522 and triggering some stop-loss orders. However, it then reversed and started to fall, with the …
[EUR/USD] Weak Euro, Strong Dollar
Concerns about the European economy are growing due to political instability in Germany and France, as well as possible tariff increases under the next Trump administration. This has led the …
[EUR/USD] French Political Uncertainty Eases
French political uncertainty grew after the approval of a no-confidence vote against the government, leading to increased selling of the euro. However, far-right leader Marine Le Pen calmed fears by …
[EUR/USD] Strong U.S. Economy
In the Tokyo market, the euro dropped to 1.0481 as U.S. long-term interest rates rose, leading to euro selling. However, in the European market, the trend reversed, and the euro …
[EUR/USD] Possible Double Top
At the start of the Tokyo market this week, U.S. long-term interest rates rose, causing the euro to drop to the low 1.05 range. Weak November manufacturing PMI results from …
[EUR/USD] Eurozone HICP
Germany’s November CPI, announced yesterday, was almost as expected, so there was little reaction from the market. Yesterday, the French central bank governor, Villeroy de Galhau, made some dovish comments, …
[EUR/USD] Back and Forth Movement
Early in the Tokyo trading session, news about Trump’s tariffs on China, Canada, and Mexico caused the euro to drop, falling to 1.0425. However, it later recovered, rising to 1.0554 …