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|1 EUR||1.06973|| |
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EUR/USD2015-04-21 05:03 UTC
EUR-USD has traded moderately lower over the last day, partly on general dollar strength and partly on euro underperformance (EUR-JPY and other euro crosses are lower). The low so far has been 1.0712, and this and 1.0700 mark nearer-term support levels. Resistance is marked at 1.0751 and 1.0782 (20-day moving average). We think a decline to recent lows under 1.0550 is likely over the coming week. The overriding focus is on next ... Read More ►
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XE Market Analysis
North American Edition2015-04-20 10:53 UTC
The dollar traded firmer after taking a battering last week following a string of net softer U.S. data. EUR-USD dipped and tested its Friday low at 1.0734, while EUR-JPY and other euro crosses also traded heavily as markets anticipate the next Greece-versus-Eurozone policymaker showdown, which will be staged at Friday's Eurogroup meeting. EUR-CHF also fell to a 10-week low, despite the threat of SNB intervention. ECB's Draghi said from the G20 meetings ... Read More ►
European Edition2015-04-21 05:03 UTC
EUR-USD has traded moderately lower over the last day, partly on general dollar strength and partly on euro underperformance (EUR-JPY and other euro crosses are lower). The low was 1.0712, and this and 1.0700 mark nearer-term support levels. Resistance is marked at 1.0751 and 1.0782 (20-day moving average). The focus remains on next Greece-versus-Eurozone policymaker showdown, which will be staged at Friday's Eurogroup meeting, with odds for a Grexit ... Read More ►
Asian Edition2015-04-20 19:08 UTC
FX trade was relatively quiet in N.Y. on Monday, with the dollar meandering largely inside of narrow ranges. There was no data to drive prices, though a rebound on Wall Street following Friday's steep sell-off largely helped USD sentiment. EUR-USD traded about a 50-point range just over 1.0710, as USD-JPY rallied from just under 119.00 to highs over 119.40. USD-CAD traded above last week's lowest levels, though gains were limited by firmer oil prices. Read More ►
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