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[COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD [/URL]remains under pressure, as the pair lost ground on Wednesday following the release of strong consumer spending data out of the US. Retail Sales and Core Retail Sales both posted gains and beat expectations, as the outlook for the US economy continues to brighten. The euro has fallen below the 1.30 level, and was trading in the mid-1.29 range in Thursday’s European session. EU leaders meet for an economic summit today, and the ECB releases its monthly bulletin. In the US, there are two major releases today – PPI and Unemployment Claims.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]Here is a quick update on the ...

[COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD [/URL]is showing some volatility in Wednesday’s European session. The pair has moved lower after a senior member of the ECB hinted that an interest rate cut could be in the cards. In today’s economic releases, French data disappointed, as Final Non-Farm Payrolls and CPI fell below market expectations. The markets will be keeping a close eye on Eurozone Industrial Production. In the US, there are a host of releases, highlighted by Core Retail Sales and Retail Sales.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]Here is a quick update on the technical situation, indicators, and market sentiment that moves euro/dollar.[/FONT][/COLOR] ...

[COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD [/URL]remains under pressure, and is struggling to remain above the 1.30 line in Tuesday’s European session. It is another quiet day as far as economic releases. In the Eurozone, today’s only releases are German inflation figures. Final CPI came in as expected, but WPI fell below the estimate. In the US, today’s highlight is the Federal Budget Balance, and the markets are bracing for a large deficit for the March release.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]Here is a quick update on the technical situation, indicators, and market sentiment that moves euro/dollar.[/FONT][/COLOR]
[COLOR=#444444][FONT=Arial][B]EUR/USD ...

[COLOR=#444444][FONT=Arial][B]The British pound lost about a cent over the week, dipping below the 1.50 line. The pair closed at 1.4922. This week’s major event is Manufacturing Production. [/B][B]Here is an outlook of the events and an updated technical analysis for GBP/USD.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]The pound’s troubles continue, as GBP/USD dipped below the all-important 1.50 level. US employment numbers looked very sharp last week, which helped the dollar post gains against the shaky British currency.[/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]GBP/USD graph with support and resistance lines on it. Click to enlarge: [URL="http://www.forexcrunch.com/wp-content/uploads/2013/03/GBP-USD-Forecast-Mar-11-15.png"][IMG]http://www.forexcrunch.com/wp-content/uploads/2013/03/GBP-USD-Forecast-Mar-11-15-350x196.png[/IMG][/URL][/FONT][/COLOR] ...