EUR € / US $ - Financial Trading - Financial Trading Tue, 23 May 2017 01:17:02 +0000 Joomla! - Open Source Content Management en-gb Euro / U.S. dollars - Most traded currency pair in the world ]]> (Trading expert) EUR € / US $ Fri, 08 Apr 2016 00:00:00 +0000 EUR/USD Forecast for the week of March 14 2016, Technical Analysis
March 14 2016 currency weekly technical analysis for the EUR/USD pair.Find more information about Forex News, Forex Technical Analysis , Forex Fundamental Analysis and Forex Brokers on FX Empire.]]>
EUR € / US $ Mon, 14 Mar 2016 00:00:00 +0000
Latest €/US$ Exchange rate news (12th December 2014)
 Exchange rateEUR/USD can’t step out of the TLTRO shadow and GBP/USD nudges higher, while traders’ eyes remain on the eurozone.

 EUR/USD has been trading within a tight range over night, and several attempts were made to break through the $1.24 level, but the confidence was lacking. The poor uptake of the TLTRO is still hanging over the euro, and traders are looking to the European Central Bank for additional stimulus.

 In my opinion the uptake of €129.84 billion was enough to dispel QE speculation in the near term but it wasn’t high enough to totally eradicate it. The ECB bulletin pointed out that the purchase of covered bonds and ABS will last for another two years, and traders can expect an additional six rounds of TLTRO’s between now and June 2016.

The eurozone industrial production and the University of Michigan consumer sentiment at 10am and 2.55pm (London time) respectively, are the economic highlights of the day.
The downward trend on EUR/USD remains intact, but some of the pressure has come off the single currency as QE chatter has cooled. The $1.23 level remains the target to the downside and any rallies are likely to run into resistance at the 50 day-moving average of $1.2510.
EUR € / US $ Sun, 14 Dec 2014 00:00:00 +0000