Euro (EUR)

The week ahead is poised to remain quiet with most of the economic releases focusing on the second-tier data. Therefore, the Jackson Hole Symposium which takes place every year will be the main highlight. The symposium is scheduled to begin…
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At the beginning of the year, the Euro kicked off the year lower and posted the lowest level since 2003 around 1.04. Back then, investment banks were very bearish on the Euro, estimating a sharp decline well below the parity level with the…
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Despite the recent remarks by many of the Federal Reserve members last week, the US Dollar failed once again to sustain any gains across the board. This is also despite the fact that the Federal Reserve is planning to sell some of its…
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The global news stations were busy over the weekend covering the biggest cyber-attack in the history, which affected more than 200,000 businesses across Asia, Europe, and the US, raised many questions and red flags about the exchanges…
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The European Central Bank today decided to keep the current policy unchanged including the three main rates. The ECB Refinancing Rate at record low 0.0% and the deposit rate at -0.4%. However, the statement showed some dovish remarks,…
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The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls…
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For the past two years, when things in Europe started to get complicated, especially when growth stagnate and inflation slowed down significantly, everyone turned bearish on the Euro, and they were right about it. The Euro lost more than…
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After the end of the Dutch elections last week, fears has eased in Europe, as Netherlands rejected the far-Right party. The far right party leader Geert Wilders has pledged to take the Netherlands out of the EU. However, the far-right…
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EURUSD Weekly Engulfing Candle The Euro managed to rise for the past seven consecutive weeks, but it failed to break above 1.08 barrier, leading to a notable decline during last week’s trading, all the way back to 1.06, forming a bearish…
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The European Central Bank's monetary policy meeting on Thursday saw the key interest rates being left unchanged alongside the central bank's asset purchases, in a widely expected move. The ECB is expected to maintain its asset purchase…
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