Forex EUR USD Forecast

Forex EUR USD Forecast - Daily published professional analytical forecasts for the main currency pair Market Forex: the EUR USD!

Forex Forecast EURUSD: Euro/Dollar Situation Contradictory. January 11, 2016.

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Yesterday’s Trading:
The euro/dollar closed slightly down on Friday. Moreover, after the publication of strong NFP data, a long shade appeared on the daily candle. The key currencies were showing mixed movements by the end of the trading session. Whilst one strengthened against the dollar, another weakened, Now I will explain why this happened.

Forecast EURUSD: Chinese Markets Stabilizing – Euro/Dollar Down. 08 January 2016.

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Yesterday’s Trading:
Thursday’s close had the euro up against the USD to 1.0939. Support for the euro came from European stats and a crash of stock market indices. Let me remind you that the Chinese stock market on Thursday had trading closed within half an hour of it opening due to the Shanghai Composite falling by more than 7% (fall of 7.04%), thus triggering the circuit breaker rule and market closure. Other indices across the world followed the Chinese, with the Dow Jones down 2.32% to 16,514 and the S&P down by 2.09% to 1,949 points.

Forex Forecast EURUSD: Euro/Dollar: Fall of Euro to be Restrained Before FOMC Minutes. 6 January 2016.

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Yesterday’s Trading:
Tuesday saw the euro/dollar fall to 1.0710. Pressure on the euro gathered strength after Eurozone inflation data came out. If we take into account that Saudi Arabia is increasing oil discounts for Europe, inflation will remain low for a long while. In this case, the ECB will have to take additional measures with regards to relaxing its monetary policy and this is to down the euro further.

Forecast EURUSD: Euro/Dollar: Expected Fall to 1.0780. 05 January 2016.

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Yesterday’s Trading:
The euro/dollar experienced sharp fluctuations in a range of 150 points on Monday. In the first half of the day, the euro strengthened against the USD to 1.0945 following the publication of business activity data for Germany and the Eurozone. Business activity in December was up.

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