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The euro is beginning to look a bit oversold at least against the US dollar ahead of key Euro area inflation data, opening the door for a minor rebound. What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?
The rebound in the US dollar over the past week or so appears to be a consolidation, and not a reversal of the well-established downtrend, at least yet. What’s next for EUR/USD, GBP/USD, and USD/JPY?
Overbought conditions, stretched positioning, and growing doubts about whether the US Fed will pause at its next meeting have triggered a pause in EUR/USD. What is the outlook for EUR/USD, EUR/GBP, and EUR/JPY?