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Euro rates are today being dictated to by the strength of the US dollar, and this scenario is likely to occur for some time yet. On the data front all eyes are focused on Eurozone inflation figures which came in as expected thus offering the EUR little support.
March 10,2014
The pound to euro exchange rate has suffered 4 days of declines but we see a strong level of support ahead which could halt declines.
March 11,2014
The British pound (GBP) was hammered by a rallying euro on Thursday afternoon in London. The losses have extended into Friday morning.
March 10,2014
The euro exchange rate (EUR) complex is on Friday maintaining its new-found strength as markets accept the Eurozone is beginning to stand on its own feet.
March 10,2014
The euro exchange rate (EUR) complex could come under pressure today should the ECB spring a surprise.
March 10,2014
The pound euro exchange rate is unchanged on Thursday following a strong 24 hours that puts the GBP-EUR on course for a test of 1.22.
March 10,2014
The calendar for the euro exchange rate (EUR) complex was busy on Wednesday with the outlook being dominated by the release of PMI readings and technical considerations. The eye-opened for us has been the inability of great data results to boost the shared currency.
March 10,2014
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