[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 …
[EUR/USD] Euro Weakness Adjustment
Last weekend, the Eurozone’s November PMI results were weaker than expected, causing increased selling of the euro. The euro fell below the low of 1.0450, the lowest in about two …
[EUR/USD] Moving into a 1.06–1.05 Range
After falling the previous day, the euro started strong, showing solid support. However, it fell again in the European market due to rising U.S. long-term interest rates. During the New …
[EUR/USD] Building a Base
After reports about changes to Russia’s nuclear doctrine, the euro dropped to 1.0524. However, it stopped falling near the previous day’s low and eventually recovered to previous levels. Since the …
[EUR/USD] Rises Again After Correction.
In the European market, the euro initially rose to 1.0571. However, as U.S. long-term interest rates increased, EUR/USD dropped to 1.0533. When the New York market opened, U.S. long-term interest …
[EUR/USD] Differences Between Western Economies and Monetary Policies
Since the start of the Trump Rally on November 6, the euro has faced heavy selling, dropping from the low 1.09 range. Key support levels, including the 200-day moving average …
[EUR/USD] Euro Plunge
In the European market, dollar buying took the lead. Additionally, ECB Vice President De Guindos hinted at possible rate cuts by stating that ‘inflation has decreased significantly’ and that ‘if …
[EUR/USD] German ZEW and Political Instability
Yesterday, as U.S. long-term interest rates rose, there was a strong push to sell the euro. Concerns about the eurozone grew as the German coalition government collapsed, and Germany’s November …
[EUR/USD] German Political Uncertainty and Trump Administration
On Monday, in the European market, dollar buying led to a drop in the euro. With fewer participants in the NY market due to Veterans Day, selling continued, pushing the …