The long-run decline in the Euro against the Dollar is not over, say technical strategists with Swiss bank Julius Baer + fresh tariff threats on EU goods from Trump and Ross serves as a reminder of the threats facing the Euro in 2020.
January 25,2020
The Euro retained its earlier softness Thursday after the European Central Bank (ECB) confirmed the launch of a strategic monetary policy review and promised that further details on the scope and timing of the review will be released later in the afternoon.
January 24,2020
The Euro softened early in the morning session Thursday although markets continue to expect it to advance on the Dollar this year even as rhetoric from President Donald Trump and other U.S. officials increasingly underlines what is an often underappreciated risk to the single currency.
January 23,2020
The Euro may have been saved from a deeper sell-off higher Tuesday after the January Leibniz Centre for European Economic Research (ZEW) survey showed corporate confidence recovering notably in the wake of this month's 'phase one deal' to suspend the trade war between the U.S. and China.
January 21,2020
The Euro-to-Dollar exchange rate has fallen back into the 1.10s as its 2020 decline extends further, however weakness is expected to be a short-term phenomenon according to a number of analysts we follow.
January 22,2020
The Euro ceded ground to the Dollar and underperformed many major rivals last week although the charts suggest a further sell-off cannot be ruled out for the days ahead, which will also see the single currency tested by European Central Bank (ECB) rhetoric and IHS Markit PMI surveys.
January 20,2020
The Euro was under pressure Friday as the Dollar strengthened in response to signs the U.S. economic backdrop is not quite as downbeat as some had feared although the single currency is at increasing risk from a trade conflict between the U.S. and European Union.
January 19,2020
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