Euro: Sideways consolidation inside defined band against US Dollar – UOB
Morning briefing: EUR/USD could see limited rise in the near term
The French-German yield spread widened further this morning, crude oil prices continued to rise and the tech sector came under renewed pressure again. We also had some weaker German investor sentiment data.
Euro: Recovery capped by French spread tensions against US Dollar – Scotiabank
EUR/USD technical analysis shows the euro rebounding off major long-term support after a five-week slide, while its broader downtrend stays intact. Michael Boutros, StoneX Media Senior Market Analyst, walks through the euro's monthly, weekly, daily and four-hour charts and the momentum signals behind the move.
Euro: Two-phase weakness and recovery prospects against US Dollar – Commerzbank
Euro gives back early gains as US Dollar bounces back
Euro: Range-trading bias persists near recent lows against US Dollar – UOB
EUR/USD Price Forecast: Multiple headwinds for Euro backs downside bias
Nationwide protests in France over the high cost of living and declining public services turned violent over the weekend, with the interior ministry putting turnout at around 550,000 people. Ongoing riots and protests are weighing on the euro, and crucially, they are unfolding against a broader fiscal backdrop that is likely to remain a key storyline for the rest of the year.
Euro: Bullish tone persists against US Dollar despite French risks - Scotiabank
The Euro is still hovering around the downtrend resistance line as more pressure still affects the market. As long as prices hold below the resistance of 1.1240-80 the drop pressure could continue towards the target and support of 1.1065, which in turn could lead to a correction.