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
EUR/USD
Bullish
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
Oil - US Crude
Bearish
Wall Street
Bullish
Gold
Bearish
GBP/USD
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
USD/JPY
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
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.70%, while traders in US 500 are at opposite extremes with 73.02%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ImphLXc7Dq
  • Heads Up:🇵🇱 Interest Rate Decision due at 11:00 GMT (15min) Expected: 0.1% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2020-07-14
  • Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Learn about the history of Forex here:https://t.co/ePTJlbUP7c https://t.co/sqmqcOEo3B
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: -0.49% Silver: -0.60% Oil - US Crude: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/x5lkuocdM6
  • 30-minutes till JPM kicks off proceedings https://t.co/HRd88BL6qR
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.14% 🇦🇺AUD: 0.13% 🇪🇺EUR: 0.12% 🇨🇦CAD: -0.14% 🇳🇿NZD: -0.26% 🇬🇧GBP: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/KPHaMJYWSR
  • Coming up in half an hour. Do join me if you're free... https://t.co/tWtUtwwcwl
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.35% US 500: 0.34% FTSE 100: -0.51% Germany 30: -1.56% France 40: -1.59% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/xXvjSjlt9p
  • Last week, USD/CAD reversed from an over two-week low and pointed higher. Will today’s US inflation numbers (13:30UK) boost the pair’s rally? #USD/CAD, #USinflation, #USD https://t.co/c0BVB3drY6
  • Join @MartinSEssex 's #webinar at 6:30 AM ET/10:30 AM GMT to learn more about trading #sentiment Register here: https://t.co/XUUPRefAXX https://t.co/JDikSRdPyY
Euro Unmoved by the LTRO Repayment Announcement

Euro Unmoved by the LTRO Repayment Announcement

2013-03-15 11:50:00
Benjamin Spier, Technical Strategist
Share:

The ECB reported today that European banks will be repaying 0.385 billion Euros of the first 3-year LTRO payment and 6.432 billion of the second payment in the upcoming week. The repayment of the first loan is down from 1.336 billion last week, but the second loan payment is up from 2.894 billion Euros. The news had little impact on Euro trading in Forex markets.

The Euro and the Pound have both seen steady rises in today’s session continuing from yesterday’s inclines against the US Dollar. The rise in Pound may be a continued reaction to BoE Governor King’s comments that the Pound is properly valued and the BoE will not intervene in Sterling trading. The Euro may be higher due to expectations for the EU summit to produce solutions to either the Cyprus bailout or revised deficit target concerns, but that is only speculation, and the Euro incline may just be a technical reaction to the dip below 1.3000.

Regarding the second day of the summit, Finnish Finance Minister Urpilainen said earlier today that it’s hard to say if the Eurogroup will decide on a Cyprus bailout today. The European finance ministers will be meeting separately later today to further discuss the Cyprus bailout.

Euro-zone annual inflation for February was confirmed at 1.8%, which seemed to have little effect on Forex trading.

The Euro is currently trading slightly above 1.3050 against the US Dollar, and may see resistance by the 100-day resistance around 1.3123. Support could be provided by the key 1.3000 level.

(Did you understand all the terms used in today’s report? If so, test your skills with DailyFX’s Trading IQ Quiz.)

EURUSD Daily: March 15, 2013

Euro_Unmoved_by_the_LTRO_Repayment_Announcement_body_eurusd_daily_chart.png, Euro Unmoved by the LTRO Repayment Announcement

Chart created by Benjamin Spier using Marketscope 2.0

--- 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

News & Analysis at your fingertips.