FOREX news for the Euro. Topics include: valuation, investment banking comments, announcements, trading profits and projected values.

EURUSD Awaits US Employment Data

November 4, 2016 0

All eyes are on the US October Employment data.  Don’t expect a major move due to Tuesday’s Presidential Election.   8:30   USD Average Hourly Earnings (MoM) (Oct) 0.3% 0.2% 08:30   USD Nonfarm Payrolls

World News In 400 Words Or Less

November 4, 2016 0

What a crazy week?  Anybody else have trouble remembering this is the current US political landscape and not a week long trailer for the next season of ‘House of Cards’?  Our differences should be a

EURGBP Catching A Bid

November 1, 2016 0

EURGBP moved lower on the news that BoE Govenor Carney planned to stay at his post until June 2019.  The trend reversed after a weak UK manufacturing number dropping to 54.3 which was slightly lower

EURUSD Trying To Break 1.10

November 1, 2016 0

USD weakness is present in the forex markets this morning due to political instability in the US taking the place of the ECB’s comments on how it is not planning to tapper in the near

Forex Portfolio Update

May 31, 2016 1

The Forex portfolio continues to rise on the support of the long position in USDJPY and the short position in EURGBP. The year-to-date return is 83.5% and we expect that the market will temporarily take

Should You Sell EURGBP at .77297?

May 23, 2016 0

Last night we closed all of our positions in the Forex portfolio and booked a profit over 50%. This morning while we were reevaluating the market we felt that EURGBP offered a decent reward to

GBP Is Searching For Direction

May 23, 2016 0

The economic data from the United States continues to be mixed with a large beat last week in existing home sales followed by a lower than expected PMI number earlier today. Meanwhile the British Pound

EURGBP Trade Update – Hitting Support

May 19, 2016 0

We entered a short position on EURGBP earlier this month with an average entry position of .7858.  It took awhile for the pair to move lower but it finally dropped this week when the UK

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