Forex Consulting

Eurostoxx futures +0.4% in early European trading

European equity futures hinting at a firm start to proceedings for equities today Mainly taking a cue from the positive tone in US stocks overnight I guess. Asian equities were having a mixed day after the Nikkei fell (which dragged the Hang Seng along with it, which I suspect was a round of profit taking…

Forex Consulting

Jury is still out on EUR/USD today

The pair is back up above 1.2200 but is still looking for direction EUR/USD had a bit of a see-saw ride yesterday, trading near 1.2200 after jawboning by ECB officials followed by a jump up close to 1.2300 on the back of dollar weakness and then ending the day at the lows below 1.2200. Copyright…

Forex Consulting

Eurozone December final CPI y/y +1.4% vs +1.4% prelim

Final figures for Eurozone inflation reading by Eurostat – 17 January 2018 Right in line with expectations for inflation. Shouldn’t be too much of an impact to the EUR. If anything, it still gives reason for EUR bulls to cautiously continue the run to the upside in the past week. Copyright 2015 Forexlive.com