News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • $EURCAD has continued to strengthen today, rising from below 1.5100 by over 50 pips to currently trade above 1.5150, at a six week high. $EUR $CAD https://t.co/sSlYtGCF4r
  • After rising back above the 1.60% level to a high around 1.63% earlier today, US 10yr Treasury yields have moved back lower. They are now trading around an intraday low of 1.56%. $USD https://t.co/5hQglZl4fU
  • Discord has walked away from sale talks with $MSFT now eyeing potential IPO
  • here we go, webinar starting right now 1) USD Q2 Weakness 2) Gold brewing bullish potential? 3) Stonks through initial earnings outlays https://www.dailyfx.com/webinars/643096611 https://t.co/ZzY8QuoCko
  • The Euro has slipped to an intraday low amidst the German Greens surging to a lead over Merkel's CDU in a new poll. $EUR $USD https://t.co/gfvNseRNvc
  • $USDCAD has strengthened today, rising to a one week high near the 1.2600 level. The Canadian Dollar has suffered amidst a drop in oil prices and extended travel restrictions. $USD $CAD https://t.co/O2z7grrFYi
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/RVkYfiOzPq
  • In line with the general risk-off sentiment, oil prices have come under notable selling pressure with both Brent and WTI crude futures falling 2-2.5%. Get your #crudeoil market update from @JMcQueenFX here:https://t.co/K0zJL8BFj1 https://t.co/wMn3kNFhwC
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Gold: 0.49% Silver: 0.42% Oil - US Crude: -1.41% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/CqYIho6z47
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.08% 🇯🇵JPY: 0.07% 🇪🇺EUR: 0.04% 🇦🇺AUD: -0.17% 🇬🇧GBP: -0.23% 🇨🇦CAD: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GC3sr4bk5B
Forex News: Euro Fails to Break Above 1.34 in a Quiet Session

Forex News: Euro Fails to Break Above 1.34 in a Quiet Session

Benjamin Spier, Technical Strategist

Despite a quiet European session with little talk about the issues affecting Euro trading, EURUSD saw a significant 50 point decline in Forex markets over the past few hours.

There was also very little economic data during the Europen session. Italian industrial orders fell 0.5% in November, and Spanish bad loans increased to 11.38% in November from 11.23% in October. In the UK, retail sales disappointed expectations by declining 0.3% in December. Following the news, Sterling continued an earlier decline that reflected the drop in Euro, but was slightly more extensive.

International Monetary Fund head Christine Lagarde made comments earlier today that it is a critical year for Greece and the country must meet its targets. She also said that no further wage cuts are needed as long as reforms are implemented. Shortly following her comments, Greek 10-year bond yields were trading 32.7 bps higher, but soon after the yields switched direction and were trading 19.9 bps lower to 10.84%.

EURCHF set a new 20-month high and was trading 90 points above today’s open at one point but soon declined back below the session start.

EURUSD is currently trading slightly below 1.3350. Support might be seen by a broken resistance line at 1.3284, and resistance could be seen by the recently set 11-month high at 1.3404.

EURUSD Daily: January 18, 2013

Euro_Fails_to_Break_Above_1.34_in_a_Quiet_Session_body_eurusd_daily_chart.png, Forex News: Euro Fails to Break Above 1.34 in a Quiet Session

--- Written by Benjamin Spier, DailyFX Research. Feedback can be sent to instructor@dailyfx.com .

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES