Euro eyes ECB's Draghi assessment of the EZ economy this week

The technical picture is actually more bearish than it was at the start of the previous week. Despite temporarily piercing above the trendline drawn from off of the January 2018 highs, the exchange rate ultimately failed to break above it and declined in the week before.

January 20,2019

The Euro is headed for new lows over the coming months, according to analysts at UniCredit Bank, who say fears over the economic outlook mean things are likely to get worse for the single currency before they get better.

January 18,2019

The Euro has failed to capitalise on a more docile U.S. Dollar thus far in 2018, prompting bouts of consternation among some analysts who'd predicted a good start to the year and leaving the road ahead shrouded with uncertainty.

January 17,2019


The Euro slipped lower Tuesday after trade balance data for November painted a picture of a continental economy that limped into year-end, although economists are now saying that Germany may have narrowly avoided a so-called technical recession last year. 

January 15,2019

The Euro slipped lower on Monday after official data confirmed the Eurozone's industrial output fell sharply during the final quarter, leading analysts to warn the economy is faltering and that the outlook for European Central Bank (ECB) interest rate policy has deteriorated. 

January 14,2019

EURO TO DOLLAR

EUR/USD has broken above a major trendline on a closing basis on the weekly chart, which is a strong bullish indicator for the pair, and biases the charts to indicating more upside in the week ahead.

January 13,2019

Banca Carige

Italy in the spotlight as data points to recession and a regional lender goes into administration.

January 11,2019

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