21 May Teh Euro {EUR)

[dekac]

Hi

21 May-The Euro (EUR) hit a five-week low on Monday as the USD rebounded. The Euro was down 0.3% reaching its lowest level since April. Overall the EURUSD traded with a low of 1.3436 and a high of 1.3532 before closing the New York session at 1.3465. Looking ahead key data will be released in the form of the German ZEW survey with analysts forecasting a figure of 22.0 better than the previous 16.5. In other news, the EZ trade Balance for the month of March is out on Tuesday with the previous figure being -1.7 bln

 

[jacinto]

sorry, but how many threads with 1 single post are you going to open?

I suggest you open just one thread and post your posts there.

 

[dekac]

25 May The Euro (EUR)

Hi

25 May-The Euro (EUR) eased on the back of a broadly stronger dollar despite the German IFO survey unchanged from the previous month at 108.6. The Euro was down 0.25%, the lowest level since April 11. Overall, the EURUSD traded with a low 1.3415 and a high of 1.3462 before closing the day at 1.3434 in the New York session. Looking ahead Gfk Consumer confidence is released on Friday with market expectations of 6 for the month of June (Previous: 5.5)

 

[dekac]

28 May The Euro(EUR)

Hi

The Euro (EUR) gained moderately on the back of a positive reading in Gfk consumer confidence. The figure for the month of June was expected to come in at 6 yet surprised many with a release of 7.3. Overall the EURUSD traded with a low of 1.3411 and a high of 1.3473 before closing the day at 1.3449 in the New York session. A slow start is also expected out of the EZ with many markets closed for trading.

 

[dekac]

31 May The Euro (EUR)

Hi

31 May-The Euro (EUR) further eased on Wednesday with officials pleased at the recent easing of the currency. Overall the EURUSD traded with a range of a low 1.3406 and a high of 1.3458 before closing the day at 1.3428 in the New York session. Looking ahead, Thursday sees the release of Consumer Confidence (Forecast: -3; Prior: -4) along with CPI data for the month of May with expectations the figure will be at 1.9% same as previous. On Friday, EZ data will involve Manufacturing PMI (Forecast: 55.6; Prior: 55.4) along with GDP (Q1) with markets expecting a figure of 0.6% down on the previous 0.9%.

 

[dekac]

12 June- The Euro (EUR)

Hi

12 June-The Euro (EUR) dropped by 0.5% against the USD as German industrial output released showed the biggest monthly drop in almost seven years, giving speculation that the EZ’s largest economy may be on the decline. Overall the EURUSD traded with a range of a low 1.3320 and a high of 1.3435 before closing the day at 1.3362 in the New York session.