The euro’s spring decline has crossed a psychological threshold. EUR/USD traded down to 1.146 on Wednesday, its lowest level in over a year, completing a 300-pip slide from the mid-May highs. The June breakdown through 1.15 has been swift, orderly, and — most telling of all — largely ignored by the financial press, which remains […]
EUR/USD opened the week at 1.1528 and has crawled back to 1.1536, holding the 1.15 handle after last week’s slide. The question every euro-watcher is asking: is this a genuine bottom, or just the pause before the next leg down? The bull case 1.1515 is now a tested level — the pair bounced there in […]
Most retail traders ignore cross rates entirely. That’s a mistake, because EUR/GBP — quietly trading near 0.8640 this week — is one of the cleanest instruments in FX for reading what central banks are doing to each other. Why the cross matters Strip out the dollar and you’re left with a pure contest between the […]
1.1577. That’s the low EUR/USD printed on Tuesday, and it matters more than a random number. It’s the weakest level since the pair’s April base, and a clean break would open a move toward 1.1500 that I suspect would accelerate quickly. The anatomy of the decline Go back three weeks: EUR/USD was at 1.1779. Since […]
If you’ve been watching EUR/USD this week, you’ve seen the same thing I have: a slow, grinding fade. The pair opened the week near 1.1770 and has slipped to around 1.1660 by Thursday’s close — not a crash, just a steady drip of selling that tells you buyers are losing patience at these levels. What […]