EUR/USD advances to fresh 10-day high above 1.1450 as DXY drops below 96

US Pres. Trump voices his displeasure about rate hikes. Fed's Bostic says they are worried about the flattening yield curve. US Dollar Index drops below 96 for the first time since Aug. 10. The EUR/USD pair gained traction in the last hour and rose to its highest level in ten days a ...

EUR/USD poised to remain below 1.1500 near term – Danske Bank

Spot is seen navigating the area below 1.1500 the figure in the very near term, according to Jakob Christensen, Chief Analyst at Danske Bank. Key Quotes “This week, focus in FX markets will remain on wobbly EM in general and Turkey in particular. PMIs will be interesting to see in terms o ...

EUR/USD finds support near 1.1390, looks to trade, Turkey

The pair managed to rebound from daily lows in the sub-1.1400 area. The US Dollar Index lost impetus near 96.40 in early trade. US-China trade front, Turkey, Italy in the limelight today. The selling pressure around the European currency remains unabated so far today, although EUR/USD appear ...

EUR futures: rallies appear limited

In light of advanced figures for EUR futures markets from CME Group, investors trimmed their open interest positions by just 455 contracts on Friday from Thursday’s final 533,078 contracts. In the same line, volume dropped significantly by around 62.2K contracts. EUR/USD strong resistanc ...

EUR/USD: Bears attack 1.1400 as USD buying gathers steam

US dollar recovery, Lira sell-off knocks-off EUR/USD closer to 1.1400 Focus on Eurozone construction output and Bundesbank monthly report for fresh trading impetus. The EUR/USD pair extended its gradual Asian decline into Europe and hit fresh daily lows just ahead of the 1.14 handle amid ...

EUR/USD end of the bearish phase? – UOB

In opinion of FX Strategists at UOB Group, the bearish phase in the pair could be drawing to a close. Key Quotes 24-hour view: “The continuing strength in EUR came as a surprise as it rose strongly and hit a high of 1.1445. While the up-move appears to be running ahead of itself, there i ...

EUR/USD now looks to 1.1508/10 – Commerzbank

According to Axel Rudolph, Senior Analyst at Commerzbank, the pair could now test the 1.15008/10 band. Key Quotes “EUR/USD’s bounce off the November 2016 high at 1.1300 has further to run and targets the May and June lows at 1.1508/10”. ‘Should a drop and daily chart clos ...

EUR/USD loses the grip, approaches 1.1400

The pair loses upside momentum and tests session lows. The greenback rebounds from 96.10, up smalls for the day. Markets’ focus remains US-China trade front and Turkey. After testing the mid-1.1400s on Friday, EUR/USD has been losing momentum and is now navigates the 1.1420/15 band, o ...

FX option expiries for Aug 20 NY cut

FX option expiries for Aug 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1500 881m - USD/JPY: USD amounts 110.00 1.6bn 110.20 400m 111.00 1.0bn - AUD/USD: AUD amounts 0.7210 1.3bn 0.7220 1.2bn

EUR/USD Technical Analysis: Bulls need to defend 1.1410

The corrective rally in the EUR/USD pair has stalled near the downward sloping (bearish) 200-hour moving average (MA). A break below the ascending trendline support of 1.1410, as seen in the hourly chart below, would add credence to the bearish 200-hour MA and signal the end of the correctiv ...