EUR USD

EUR/USD is rising post-Fed on USD weakness. USD/JPY steadies after another suspected intervention.

The US dollar has rallied on anticipation of a more hawkish Fed ahead of today's meeting. So we take a look at key levels for EUR/USD and USD/JPY.

EUR/USD boosted by German and Eurozone GDP expansion, although the ECB is still likely to cut in June even if the pace of subsequent cuts may be slower. US data highlights include FOMC, NFP and ISM surveys this week. Meanwhile EUR/USD technical analysis point to potential rise to $1.08.

EUR/USD looks tired ahead of key inflation and GDP data from the continent later Tuesday, struggling to hold the gains which took it to two-week highs on Friday.

May has historically been the second-worst month for EUR/USD (-0.62%) and GBP/USD (-0.37%) - see what to watch for from the other major currency pairs!

There seems to be no fear in shorting then yen, given large speculators pushed net-short exposure to the second highest level on record last week. EUR/USD and GBP/USD also flipped to net-short exposure.

EUR/USD may have seen its bounce off 1.0600 support stall at 1.0740 – see the levels to watch moving forward!

EUR/USD rises after German consumer confidence & ahead of US GDP data. FTSE rises on mining M&A news & after-earnings.

EUR/USD rises as the USD rally pauses. Oil steadies after a steep fall yesterday.

The US dollar has dominated sentiment for markets this past week, but with signs of momentum waning there may be hope for a rebound on EUR/USD and DAX - even if only minor.

German ZEW survey improves for 9th consecutive month to provide the euro some much-needed support. But the US dollar is likely to remain supported on dips and this should prevent rates from rising significantly. EUR/USD technical analysis point to an oversold bounce, but the trend remains bearish

EUR/USD holds above 1.0650 as the mood steadies, Oil prices fall as geopolitical tensions calm.

With most major events scheduled outside the continent, EUR/USD direction looks set to be dictated by external influences next week. Preference is to sell rallies given the technical breakdown on Friday.

The ECB is moving closer to cutting rates while the Fed’s timeline lengthens. This is bearish for the EUR/USD forecast. Today, the UoM surveys will come out and we have a few Fed speakers too.

EUR/USD looks to ECB rate decision after hot US inflation. USD/JPY rises to 153.24 post US CPI & ahead of PPI.

All eyes are on today's ECB meeting, Fed speakers and US PPI figures to see if it can drive ERUR/USD lower or spark a rebound, after it suffered its worst day in 13 months on Wednesday.

The economic calendar is beginning to ramp up with a key US inflation report, Fed members speaking ahead of the FOMC minutes and a BOC cash rate decision. Today we look at key levels for EUR/USD, USD/CHF and crude oil.