Archive for 2010 eurusd forecast
European Stress Tests: Could the Publicity Stunt Backfire?
The European sovereign debt crisis has come back to haunt the euro. In the beginning of the year, European debt problems drove the EUR/USD from 1.45 down to 1.1877. When the fears receded, the euro climbed back above 1.33. However now that the fears that have gripped the currency for most of the year [...]
Euro: Continuation or Consolidation?
The euro has sold off aggressively over the past 24 hours, breaking below at least 3 big figures in the process. After such a strong move, many currency traders wonder if there will be consolidation or continuation. Today’s sell-off in the EUR/USD was the strongest since January 5, 2009 and taking a look [...]
