EUR USD

The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.

Euro rallied 2.5% off the yearly low with EUR/USD carving the December opening-range just below a key pivot zone. Battlelines drawn on the short-term technical charts.

EUR/USD rises, but the outlook remains weak below 1.06. Oil rises ahead of inventory data & OPEC’s meeting later in the week

EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential after November drops.

EUR/USD falls amid French political uncertainty, FTSE inches higher after strong Chinese manufacturing data, but UK data disappoints.

We will maintain our bearish EUR/USD forecast for the time being. This pair remains rooted in a bear trend, not just because of the threats of tariffs in 2025, but more so because of weakness in the eurozone economy and therefore the potential for more ECB rate cuts than from the Fed in the US, where even a December rate cut is not fully priced in, let alone cuts in 2025, after Trump’s election victory.

French political drama is generating noise again, but don’t be fooled; it's the relative outlook for growth and inflation either side of the Atlantic that’s really moving EUR/USD. With the ECB ready to step in, perpetual French chaos is just a sideshow for the euro.

EURUSD, Nasdaq Forecast: Eurozone inflation data is in focus as EURUSD hovers near two-year lows. Meanwhile, irregular market volatility surrounding Thanksgiving, Christmas, and New Year is poised to dominate headlines, alongside key US economic data and Federal Reserve rate expectations in early December.

The slight cooling of the so-called "Trump Trade," characterised by a strong dollar (and a Bitcoin rally), may not last very long. For now, though, traders are adjusting their expectations somewhat and scaling back hopes for aggressive tax cuts and tariff hikes. It is far too early for us to drop out bearish EUR/USD forecast.

EUR/USD recovers from a 2-year low but gains could be limited, Oil steadies after 6% gains last week.

Scott Bessent’s treasury secretary nomination is already impacting markets, sending bond yields lower and sparking a sharp rebound in EUR/USD. But with yield spreads still heavily in favour of the US, the durability of the move faces questions.

The Euro continued it’s Q4 descent against the US Dollar but it’s the recent build of bearish price action in EUR/JPY that’s of interest going into next week.

USD/CAD held inside of the 1.4000 handle and the prior week high, even as EUR/USD and DXY broke out to multi-year extremes. Next week is big for USD, USD/CAD and EUR/USD themes as move into month-end.

Euro is poised to mark a third weekly decline with the push towards parity now testing downtrend support. Battle lines drawn on the EUR/USD weekly technical chart.

Against a backdrop of weakening economic data, looming tariffs from the US in 2025 and a struggling Chinese economy (bad for Eurozone exports), the euro outlook remains negative, putting pairs such as the EUR/USD and EUR/JPY into focus – the latter having just formed a bearish technical signal.

EURUSD and Nasdaq Outlook: As the DXY edges closer to breaking 2023 highs, bearish risks loom large for EURUSD. Meanwhile, NVDIA earnings are boosting long-term bullish potential for the Nasdaq following the Trump rally.

Welcome to Friday! Bitcoin inches closer to $100K, with spot and futures markets hitting record highs. Gold breaks above its 50DMA, bolstering bullish picture, while crude oil builds momentum despite lighter volumes. ASX 200 futures remain a buy-on-dips play, edging closer to record highs. EUR/USD stays under pressure, hitting fresh 2024 lows.