Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

EUR (Euro)

The Euro is the 2nd most popular reserve currency in the world, behind only the US Dollar; and it is also the 2nd most commonly traded currency in the world. In March of 2013, with nearly €920 Billion in circulation, the EUR became the most circulated currency in the world.

EUR News and Analysis

Euro May Bounce from 9-Month Low if CPI Data Tops Forecasts
The Euro may correct higher after hitting a nine-month low against the US Dollar if July’s inflation data tops economists’ expectations.
Dollar Rallies, But What Was the Source of Strength?
In a storm of fundamentals, the dollar did not escape a swell of volatility this past session. However, the currency’s remarkable rally didn’t exactly fit the expected...
Forex Video: Long-Term US Dollar Outlook 07.31.2014
Examining the long-term trend of the US Dollar and trading it via a diversified portfolio tracking the currency vs. the British Pound, Yen, Euro and Australian Dollar.
EUR/JPY Technical Analysis: Corrective Bounce Underway
EUR/GBP Technical Analysis: Sideways Trade Continues
EUR/USD Technical Analysis: Pressuring Support Sub-1.34
FOMC Forward-Guidance in Focus; EUR/USD Vulnerable to Less-Dovish Fed
The EUR/USD may face additional losses over the next 24-hours of trade should the Federal Open Market Committee (FOMC) drop its dovish tone for monetary policy.
USDOLLAR in Breakout Territory amid ADP, GDP, FOMC
This week we've already discussed the implications of falling US Treasury yields on the US Dollar. Instead, the US Dollar is starting to gather momentum in the short-term amid a flurry of key event risk the next few days.
EUR/USD Downside Risk Remains With Reversal Candlesticks Lacking
EUR/USD may retain its downward trajectory with bullish signals remaining absent on the daily chart.
EUR/USD to Face Further Losses on Strong U.S. 2Q GDP
Strong U.S. 2Q GDP print may spur fresh yearly lows in the EUR/USD as it puts increased pressure on the FOMC to normalize monetary policy.

Euro Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

Current Time:

GMT0 07:24    

  • (GMT -12) GMT-12:00
  • (GMT -11) GMT-11:00
  • (GMT -10) Hawaii
  • (GMT -9) Aleutian
  • (GMT -8) Alaska
  • (GMT -7) Los Angeles, Vancouver
  • (GMT -6) US & Canada
  • (GMT -5) Chicago, Mexico City
  • (GMT -4) Toronto, New York, Santiago
  • (GMT -3) Brasilia, Buenos Aires, Halifax
  • (GMT -2) DeNoronha
  • (GMT -1) GMT-01:00
  • (GMT +0) UTC
  • (GMT +1) Lisbon, London
  • (GMT +2) Paris, Berlin
  • (GMT +3) Istanbul, Nairobi, Athens
  • (GMT +4) Dubai, Moscow
  • (GMT +5) Karachi, Islamabad
  • (GMT +5:30) Mumbai, Delhi
  • (GMT +6) Dhaka, Almaty
  • (GMT +7) Jakarta, Bangkok
  • (GMT +8) Shanghai, Singapore
  • (GMT +9) Tokyo, Seoul
  • (GMT +9:30) Adelaide, Darwin
  • (GMT +10) Brisbane, Sydney, Melbourne
  • (GMT +11) Vladivostok
  • (GMT +12) Auckland, GMT+12:00, Fiji
  • (GMT +13) Samoa
Date Time Currency Event Importance Actual Forecast Previous Notes
Wed
Jul 30
12:00
EUR German Consumer Price Index (YoY) (JUL P) 0.8% 0.8% 1.0%
12:00
EUR German Consumer Price Index - EU Harmonised (YoY) (JUL P) 0.8% 0.8% 1.0%
Thu
Jul 31
07:55
EUR German Unemployment Change (JUL) -5K 9K
07:55
EUR German Unemployment Rate s.a. (JUL) 6.7% 6.7%
09:00
EUR Euro-Zone Consumer Price Index Estimate (YoY) (JUL) 0.5% 0.5%
09:00
EUR Euro-Zone Consumer Price Index - Core (YoY) (JUL A) 0.8% 0.8%

The Euro is the official currency of the Eurozone, which consists of 17 of the 28 member states of the European Union. An additional five European countries employ the Euro, and 175 Million people use currencies pegged to the Euro for a total of over 500,000,000 using Euros or Euro-pegged currencies.


The Euro came into existence on January 1, 1999 as an accounting currency; and entered circulation on January 1, 2002. Since then, it has experienced quite the ride facing a low of .8252 against the US Dollar and a high of 1.6038.


The 2009 European Debt Crisis has brought considerable volatility to currency markets, especially the Euro. Continuing economic concerns in Eurozone nations such as Spain, Portugal, Greece, Italy, and Ireland make for a very opaque picture of future prospects in the Super-National economy. The European Central Bank is tasked with the prospect of managing monetary policy for the 17 member states, which can often present conflicting economic data points.


The large roles of Germany, France, Italy, and Spain mean that these economies can carry a heightened importance in the trading activity of the currency.