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EUR/USD a Buy on Dips say Morgan Stanley

The Euro to Dollar exchange rate (EUR/USD) is likely to weaken near-term before embarking on a sustained rise suggest strategists at global investment bank Morgan Stanley. Initially the Euro will weaken versus the Dollar in what amounts to a short-term ...

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EUR/USD gains momentum and breaks above 1.1200

The euro gained momentum across the board during the American session. EUR/USD rose above 1.1200 and peaked at 1.1205, the highest level since Monday. Price so far is holding on top of 1.1200, keeping a strong bullish tone. The pair ...

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EUR/USD bidding into the low 1.1100’s

Weekly FX Outlook: USD data next week gives the market a little more to chew on other than Fed speak. NZD ends the week at the highs, but can it continue. Near term GBP relief, but all inside familiar range. ...

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A Bearish Sign For EUR/USD

In the daily chart above we see price has broken below both the tenkan- and kijun-sen. Usually price behavior like this implies that we should expect the Dollar Index to move towards the daily Kumo (cloud) support around 1.10. Only ...

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EUR / USD: Buy the Dip says Morgan Stanley

The Euro to Dollar exchange rate (EUR/USD) is likely to endure a rollercoaster-like ride lower before moving steeply higher, according to analysts at Morgan Stanley. Initially the Euro will weaken versus the Dollar in what amounts to a short-term dip.

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EUR/USD fades the spike to 1.1190, Fedspeak on sight

The bid tone around the single currency stays unchanged early in the European after noon, with EUR/USD now surrendering some gains and returning to the 1.1170 area. EUR/USD upside halted near 1.1190 The ongoing upside in spot continues to be ...

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