Forex Investment and Currency Trading

1-3 Month Euro Outlook
After a month of thrashing around in a broad range, EUR/USD ended June at the top of the range and up 1.5%. In part, this reflects a further 20bp rise in ECB rate expectations, though a parallel move higher in rate expectations in much of the rest of the world, limited EUR’s [...]

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Analysis – Daily Chart
EUR-USD has traded in a very mixed manner over the last few weeks, but a renewed bout of weakness in the EUR is expected to unfold. The fact that the turn above 1.60 failed to hold in April is a useful bearish indication, as is the failed push above 1.58 over the [...]

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This article from the front page of the FT helped to produce a blow-out low in the EURO in Asia hours (1.5284). The EUR shorts were then forced to cover, in Europe, when ECB vigilance on “rates-Thursday” appeared hawkish relative to the market expectations of some acknowledgement of a weakening economic situation in Europe.
There are [...]

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