The ECB is powerless to keep a lid on the exchange rate beyond the very short term while economic fundamentals vindicate the common currency for its upward climb.
Read more … → With unease over euro strength hanging in the air on the Governing Council, it is uncertain whether even the strongest of economic numbers would be enough to boost the euro.
Read more … →There is much chatter about a reversal in EUR/GBP in the analyst community
Read more … →Donโt fight the central banks, say the strategists at Bank of America Merrill Lynch, when they want to do the right thing.
Read more … →Eurozone inflation figures have eased pressure on the ECB and could now help the euro to form a base after Wednesday's correction.
Read more … →Profit-taking is seen as being behind a mid-week reversal in fortunes for the British Pound against the Euro.
Read more … →After shrugging off the EUR/USD surge the ECB might use next week's press conference to try and talk it down, but the jawbone effect may not last.
Read more … →