Euro/USD Forecast for March 17-21

euro

During last week, the US dollar depreciated again against the Euro. This week several reports will be released and may affect the Euro USD for the week of March 17th to March 21st; these include: FOMC meeting and press conference,…

Euro/USD Forecast for February 24-28

euro usd

During last week, the US dollar slightly depreciated again against the Euro. This week several reports will come out and may affect the forex markets especially the Euro USD for the week of February 24th to February 28th; these include:…

Euro/USD Forecast for February 17-21

Money

The US dollar depreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. In the upcoming week several reports, decisions and events will come to fruition including: Minutes of FOMC meeting, U.S PPI, U.S existing…

Euro/USD Weekly Forecast for July 22-26

Money

The Euro USD continued its upwards trend even though the U.S reports showed signs of growth: Housing starts declined by 9.9% during June compared to May; Philly Fed index also rose to 19.8 in July; U.S jobless claims fell by…

Euro/USD Weekly Forecast for July 15-19

Big Bull

The Euro/USD currency pair changed direction and bounced back during last week. The minutes of the FOMC meeting and Bernanke’s remarks may have changed investors’ perspective regarding whether the FOMC will taper its QE3 program in 2013, which is likely…

Euro/USD Weekly Overview for July 8-12

Eurokrise

The Euro/USD currency pair dropped again during last week. The ECB rate decision and slightly better than expected U.S non-farm payroll report may have contributed to the recent decline of Euro USD.  Will the Euro USD continue to trade down…

Euro/USD Weekly Overview for July 1-5

Big Bull

The Euro/USD resumed its downward trend and traded down last week. Last week’s U.S reports showed signs of progress: new home sales rose during May; new orders of manufactured durable goods increased by $8.0 billion or 3.6%; consumer confidence report showed…

Euro/USD Weekly Overview for June 24-28

euro

The Euro/USD changed direction and fell last week but remained slightly above the 1.3 mark. Last week’s FOMC policy meeting ended with Bernanke hinting the Fed may ease down QE3 in the coming months if the US economy will keep…

Euro/USD Weekly Overview for June 17-21

euro usd

The Euro/USD slightly rose last week and traded above the 1.3 mark. This rally might change direction this week, however, as several reports and decisions will unfold that could drag the Euro down below the 1.3 mark. These items include:…