Editors' Picks

EUR/JPY extends its upside for the fourth consecutive day, trading around 162.50 during the Asian session on Friday.

EUR/USD pulled back on Wednesday, tumbling back through the 1.1200 handle and falling into familiar near-term congestion just north of 1.1100. Fiber shed nearly half of a percent after briefly setting a new 14-month high this week.

EUR/GBP continues its recovery, trading up 0.40% in the 0.8360s on Wednesday.

EUR/JPY attracts buyers for the second straight day, albeit remains below the weekly top.

EUR/USD cut away bearish sentiment and rallied back into recent highs on Tuesday, taking another unsuccessful run at 1.1200. The Euro itself has little reason to be bid up by traders, but a broad-market weakening in the Greenback is helping to keep Fiber bidding action on the high side.

China’s bumper stimulus package has supported emerging market FX, reviving the carry trade. 

EUR/USD trimmed recent bullish momentum, declining by one-half of one percent on Monday.

Eurozone PMI data were soft all round this month. German and French data all reflected weaker or slowing activity, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The EUR/USD pair trades in positive for the third consecutive day near 1.1165 during the Asian trading hours on Friday.

The EUR/USD pair trades flat during the early European session on Thursday. The major pair initially edges higher to monthly highs of 1.1189 after a large rate cut by the Federal Reserve (Fed) at its September meeting and eases back to near 1.1120.  

The EUR/USD pair trades on a stronger note around 1.1125 during the Asian trading hours on Wednesday.

EUR/USD kicked back into the 1.1100 handle on Friday, before market forces weighed on the Euro once again and returned Fiber to the day’s opening bids.

In Friday's session, the EUR/GBP pair fell slightly by 0.15% to 0.8435, showcasing a negative technical outlook.

EUR/GBP recovers intraday losses, trading around 0.8430 during the early European hours on Friday.

The EUR/USD pair builds on the previous day's goodish recovery move from the 1.1000 psychological mark, or a nearly four-week low and attracts some follow-through buyers for the second straight day on Friday.

The market’s Fed-centric tilt continues unabated as the wait for rate cuts rolls on.

The European Central Bank is expected to cut key rates by 25 bps at the September policy meeting.

The EUR/USD pair struggles to gain any meaningful traction during the Asian session on Thursday and oscillates in a narrow band, just above the 1.1000 psychological mark, or a four-week low touched the previous day.

The Euro is set to end Wednesday’s session with minuscule losses against the Greenback, dropping 0.04% after the latest US inflation report showed that the core Consumer Price Index (CPI) stalled in August.

Scope for the Euro (EUR) to test 1.0995 before the risk of recovery increases.