EUR Trading Outlook
Movers & Shakers
The euro (EUR) continued to rise against the Swiss franc (CHF), moving the pair above 1.2256. The euro had opened lower on Monday’s open but recovered as fears of a bank run on Spanish and Italian banks eased.
- Gold (XAU) moved higher against the background of a hit on depositors in a member of the Eurozone, as uncertainty over the euro looms and banks in the Eurozone open.
- Weekly option volatilities for the EURUSD jumped from 9.00 to 11.50 as markets edge towards fear and push options’ premiums higher.
Go to Euro (EUR) Archive