EURUSD=X - EUR/USD
| Previous Close | 1.106 |
| Open | 1.106 |
| Bid | 1.104 |
| Day's Range | 1.104 - 1.106 |
| 52 Week Range | 1.0882 - 1.1514 |
| Ask | 1.103 |
- FX Empire
The Weekly Wrap Up, the Loonie and Brexit
It was a busy start to the week ahead of a particularly busy end to the week. Expect plenty of moves as the markets digest a heavy economic calendar.
- Investing.com
Dollar Edges Higher as Virus Fears Ease; Euro Weakens
Investing.com - The U.S. dollar is showing some strength against the safe haven Japanese yen Friday as a degree of calmness returns to traders who have fretted all week over the new pneumonia-like virus in China.
- FX Empire
Private Sector PMIs and Retail Sales Figures Put the EUR, GBP, USD and Loonie in Focus
It’s a busy day ahead, with private sector PMIs for January to set the tone. Expect retail sales figures from Canada to also drive the Loonie.
- MarketWatch
Here’s the one important takeaway from Thursday’s ECB meeting
ECB President Christine Lagarde highlights a subtle but potentially important shift in the inflation assessment.
- FX Empire
ECB Launches Yearlong Review as Lagarde Promises ‘New Thinking’
Christine Lagarde, the new head of the European Central Bank, has announced a comprehensive review of ECB of its monetary policy. The review is scheduled to take one year, and Lagarde has said that she will be listening carefully as she attempts to modernize the ECB.
- FX Empire
EUR/USD Price Forecast – Euro Shows Sluggishness
The Euro initially tried to rally during the trading session on Thursday but gave back the gains to break lower yet again. As the ECB keeps interest-rate at zero, they sound extraordinarily dovish.
- FX Empire
EUR/USD Mid-Session Technical Analysis for January 23, 2020
Based on the early price action and the current price at 1.1090, the direction of the EUR/USD the rest of the session on Thursday is likely to be determined by trader reaction to the major 50% level at 1.1096.
- MarketWatch
ECB makes no monetary policy changes, launches review of monetary policy strategy
The European Central Bank, as expected, left interest rates unchanged on Thursday and maintained its commitment to purchasing 20 billion euros ($22.8 billion) a month in bonds. The ECB's deposit rate stands at -0.5%, while its main refinancing operations rate holds at 0%. In a statement, the ECB repeated that its Governing Council expects rates to remain at present or lower levels until there are solid signs stubbornly low inflation is on track to converge with the bank's target of near, but below, 2%. The ECB also reiterated it expects asset purchases to run for as long as needed to underline the accommodative impact of its policy rates, ending them shortly before it starts to raise interest rates. Also as expected, the ECB announced the launch of a review of its monetary policy strategy. ECB President Christine Lagarde is scheduled to hold a news conference at the bank's Frankfurt headquarters at 8:30 a.m. Eastern.
- FX Empire
EUR/USD Daily Forecast – Euro Holds Near Important Support Confluence Ahead of ECB
The range in EUR/USD has been narrowing through the week but volatility is expected later today as the European Central bank meets to discuss monetary policy.
- FX Empire
Asia Wrap: We Know China Is Sneezing But Will The Rest Of The World Catch A Cold
Caution reigned supreme today in markets as Wuhan went into shutdown and those that were unfortunate enough to have China risk to cover were forced to do so amid dwindling liquidity on both the Yuan and SHCOMP.
- MarketWatch
Why investors can’t afford to sleep through this week’s ECB meeting
Nobody expects any policy changes when European Central Bank big shots meet Thursday, but Christine Lagarde could still drop some worthwhile hints about the path ahead.
- Investing.com
Yen Pushes Higher; Euro in Focus as ECB Meets
Investing.com - The safe haven Japanese yen gained against the U.S. dollar Thursday on a sharp bout of risk aversion, as battles to contain the new pneumonia-like virus in China intensified, although volatility remained limited.
- FX Empire
The Aussie Dollar Makes a Move as the Focus Shifts to the ECB and the EUR
Employment figures give the Aussie a boost as the focus shifts to the ECB. Will Lagarde follow the BoC with a dovish outlook to sink the EUR?
- FX Empire
EUR/USD MId-Session Technical Analyis for January 22, 2020
Based on the early price action and the current price at 1.1085, the direction of the EUR/USD into the close on Wednesday is likely to be determined by trader reaction to a downtrending Gann angle at 1.1093 and an uptrending Gann angle at 1.1071.
- FX Empire
EUR/USD Price Forecast – Euro Continues To Tread Water
The Euro went back and forth during the trading session on Wednesday, as we continue to hang around the 50 day EMA. This is a market that remains very choppy so there isn’t much to do here other than range trade.
- FX Empire
EUR/USD Daily Forecast – Quiet Day Expected for Euro
Price swings in EUR/USD are likely to remain muted in the session ahead as traders gear up for Thursday’s ECB meeting.
- Investing.com
Dollar Edges Higher; Loonie Downside Risk as BoC Meets
Investing.com - The U.S. dollar edged higher Wednesday as traders took a calmer view of the emergence of the pneumonia-like virus in China, but its gains were minimal and caution was still abundant.
- FX Empire
It’s a Big Day for the Loonie, with the Bank of Canada and Monetary Policy in Focus
The Bank of Canada and the Loonie are in focus, with economic data on the lighter side elsewhere…
- FX Empire
EUR/USD Price Forecast – Euro Rallies After Strong German ZEW
During the trading session on Tuesday, we have seen the Euro rally significantly to break above the top of the hammer from the Monday candlestick. This was facilitated by a stronger than anticipated German ZEW.
- FX Empire
Market Caution Returns Ahead of Davos Summit
Asian shares flashed red on Tuesday as concerns about the economic impact of a coronavirus outbreak in China drained risk appetite
- FX Empire
IMF Cuts Growth Forecasts Amid ‘Sluggish’ Global Economy
IMF attributes ‘the lion’s share’ of downward revision to ‘more subdued growth forecast’ for India. Asia’s third-largest economy, is expected to grow by 5.8% in 2020, a 1.2 percentage point markdown from the organization’s October forecast.
- FX Empire
EUR/USD Daily Forecast – Euro Trades in a Range Near Three-Week Lows
After a quiet start to the week, EUR/USD has fallen into a range while investors await Thursday’s ECB meeting.
