Share: EUR/GBP oscillates around the 0.8647-0.8661 region in a narrow trading band on Thursday. Eurozone Retail Sales came in at -2.1% YoY in August vs.-1%, worse than expectation. UK’s S&P Global/CIPS Composite PMI and Services PMI for September came in above the market consensus. Traders will monitor the German Trade Balance for August
Euro Price Setups: EUR/USD, EUR/GBP, EUR/JPY EU PMI data shows modest improvement but demand hampers growth EUR/USD: Treasury yields outpace Bund yields, ECB more likely to have peaked EUR/GBP: Mean reversion in focus as bullish potential fades EUR/JPY: FX intervention speculation stokes yen volatility The new quarter brings new possibilities for the euro. Find out
EUR/USD Forecast – Prices, Charts, and Analysis ECB may have reached peak rates EUR/GBP – A battle of two weak currencies Download the Brand New Q4 Euro Guide Below Recommended by Nick Cawley Get Your Free EUR Forecast The Euro broke below 1.0500 against the US dollar recently and is struggling to reclaim this level
To gain a more comprehensive understanding of the euro‘s technical and fundamental outlook for the fourth quarter, we invite you to download your complimentary trading guide today. It’s packed with valuable insights! Recommended by Diego Colman Get Your Free EUR Forecast EUR/USD ANALYSIS EUR/USD fell sharply on Monday, weighed by broad-based U.S. dollar strength amid
British Pound Vs US Dollar, Euro, Australian Dollar – Price Setups: GBP post-UK GDP gains could prove to be short-lived. EUR/GBP is testing key resistance; GBP/AUD is nearing vital support. What is the outlook and key levels to watch in select GBP crosses? If you’re looking for some top trading ideas, click on this link
Share: Scepticism about whether the BoE will ultimately act restrictively enough is likely to continue to weigh on the Pound in the near term, economists at Commerzbank report. EUR/GBP to appreciate in the coming quarters The market is likely to be dominated by concerns that the BoE is acting too slowly and cautiously
Number of traders net-short has decreased by 7.82% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/GBP BEARISH 50.15% 49.85% 1.22% Daily 9.21% Weekly -13.39% Daily -7.82% Weekly -6.63% Daily 0.00% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Share: EUR/GBP corrects significantly to near 0.8630 ahead of the German HICP data for September. Germany’s annual HICP inflation is seen softening despite rising energy prices. The UK economy is facing the headwinds of a stubborn inflation outlook and economic woes. The EUR/GBP pair drops vertically to near 0.8630 in the European session.
Euro, EUR/USD, EUR/GBP – Technical Update: Euro might continue to weaken in the near term EUR/USD all set for the worst week since May? EUR/GBP ready to continue consolidation? Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro extended its losing streak against the US Dollar on Wednesday, with EUR/USD sinking 0.6 percent.
Share: The EUR/GBP made a late-week break for the 0.87 handle. The Pound Sterling continues to give up ground after a dovish BoE shrank from rate hikes, EU PMI figures came in mixed, keeping Euro gains restrained. The EUR/GBP stretched for the 0.8700 major handle in Friday trading, closing the week with over
