CurrencyShares Euro ETF News

Investors have remained fairly calm in the face of flash April PMI crashes and an increase of virus cases in several European countries.

Shockingly low PMI readings out of Europe soured investor sentiment and turned equities lower sending EURUSD below the 1.08000 figure in early European dealing.

EUR/USD quotes have been declining. The trading instrument has updated key extremes. The greenback demand is still high.

The euro has been in a sideways trend for the last 5 days, trading within a corridor of 90 pips.

Investors have remained fairly calm in the face of flash April PMI crashes and an increase of virus cases in several European countries. In the foreign exchange

Today’s Flash’ Markit PMIs out of Europe and the US will be an anecdote to fill in newspapers, meaning the market is probably going to sit it out given how much negativity has already been priced

It’s actually pretty easy to see why the IMF is in a hurry to secure more resources. I’m not talking about potential creditors banging down the doors; that’s already happened.

EURUSD analysis on H4 timeframe. We see bears in action and the price is heading to daily support.

The European Commission is touting an idea to issue a 2 trillion euro recovery plan for the European Union. The EU leaders are expected to come together tomorrow to discuss a financial package for the

After setting a fresh yearly low in early-March, the US Dollar jumped up to three-year-highs less than two weeks later.

Risk-appetites appear to have stabilized for the moment. Most equity markets are higher. Japan and Malaysia were exceptions, but the MSCI Asia Pacific Index ros

Risk-appetites appear to have stabilized for the moment. Most equity markets are higher.

The renewed sell-side pressure in equities as Oil keeps imploding has had immediate spillover effects in the outperformance of the USD, JPY, but also a stubborn EUR and CHF.

The technical pattern is still ambiguous on the EUR/USD currency pair. The euro is being traded in a flat. At the moment, the local support and resistance levels are 1.0845 and 1.0875, respectively.

Markets were mixed in midweek trading with equities bid, oil continuing its slide, and FX flat as traders found no common themes today but remained optimistic about the further flattening of the curve