EUR/USD at 1.3130 as Weak Economy Fuels Easing Bets

EURUSD chart

The euro traded 0.1 percent from the lowest in almost a year before data tomorrow forecast by economists to show weaker regional retail sales and services, boosting the case for additional monetary stimulus. The euro’s decline against the dollar in the past month is the...

Exclusive Analysis

Current Trading Positions

EURUSD Order Entry SL TP
Mind Vision Traders SHORT LMT @1.3235 1.3306 1.3088
USDJPY Order Entry SL TP BUY MKT @104.16 103.40 105.20
GBPUSD Order Entry SL TP SELL LMT @1.6650 1.6690 1.6460
AUDJPY Order Entry SL TP BUY LMT @96.00 94.80 100.00
XAUUSD Order Entry SL TP
Mind Vision Traders BUY LMT @1277.00 1268.00 1300.00


AceTrader Team

Intra−Day Market Moving News and Views EUR/USD

Despite gaining a fleeting moment of respite in subdued North American session as markets in U.S. & Canada were closed for Labor Day holiday, euro bear...


Stuart McPhee

Japan Stocks Higher as Yen Holds Losses

Japanese stocks rose, with the Topix index gaining a second day as the yen held losses. The euro was near a one-year low versus the dollar with the central bank to review...

EUR and GBP up in correction mode; JPY still under pressure

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.3179 1.3231 1.3157
GBPUSD 1.6633 1.6756 1.6777
USDJPY 103.83 104.20 105.01
USDCHF 0.9142 0.9146 0.9266
AUDUSD 0.9345 0.9223 0.9110
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.0829 1.0907 1.0999
NZDUSD 0.8415 0.8456 0.8452
GBPJPY 172.78 173.74 176.65
EURJPY 137.13 137.32 139.13
EURGBP 0.7950 0.7892 0.7793

EUR/USD bottom or correction?: Investors are mild bullish in EUR seen sideways to bullish for the upcoming month and despite trading at fresh year lows.

GBP/USD ready to resume the upside: Market has turned more Pound positive over these last few days, with the pair seen rising through the quarter up to 1.70 price zone.

USD/JPY some consolidation before a new leg up: latest USD/JPY gains had encouraged buyers, with the pair seen now consolidating at current levels before advancing beyond 105.00 .

AUD/USD gaining bearish potential: Aussie will have to face RBA next week, which generates some uncertainty, but bears have taken the lead in the longer run.

EUR/JPY upside limited by EUR weakness: Despite seen bullish, gains are seen limited by the lack of strength of the common currency, limited now to 139.00 in a 1 month view.

Don't miss it out!

NFP's 100 edition with Wayne McDonellCelebrate with us the Non-Farm Payroll's 100th edition with Wayne McDonnell (September, 5th, 11:30 GMT).
Register now!

Connect with FXStreet

FREE Newsletter sign-up


Tracing the Debt Crisis: a Timeline

We invite you to an interactive journey through the twists and turns of the global debt crisis with our new Debt Crisis Timeline.

Video Alerts

EURUSD - Slow bearish market by ForexTrading.TV

Most Traded Pairs Now

Pair Price Hour Day Week Month
USDJPY 104.85 0.07 0.50 0.75 2.17
USDCAD 1.0901 0.06 0.28 -0.47 -0.14
GBPUSD 1.6578 -0.02 -0.20 0.23 -1.45
EURUSD 1.3116 -0.03 -0.11 -0.39 -2.34
AUDUSD 0.9289 -0.08 -0.48 -0.19 -0.27