The Euro closed last week on the back foot after economic data served the market a reminder of the Transatlantic divergence in economic fortunes, which could weigh on the single currency again in the days ahead even if the charts are still pointing higher.
December 8,2019
The Euro-Dolllar rate was attempting to break above a key five-year trendline on the charts Friday even after October's industrial production figures pointed to weak final quarter for the Germany economy, and the single currency is tipped by both technical analysts as well as economists for gains next year.
December 6,2019
The Euro was stopped in its tracks during the overnight session by a U.S. retaliation against France's new digital services tax (DST) and could struggle over the coming days as overhead resistance on the charts is set to bar the single currency's path to the upside, according to some strategists.
December 3,2019
The Euro was little changed at the close last week after a last minute rally averted the prospect of a weekly close below the key 1.10 level although the exchange rate is at risk of fresh declines in the days ahead, according to technical analysts, while political risks are again also threatening to sink the single currency.
December 2,2019
The Euro retreated toward its range-lows Friday even after November flash inflation figures surprised on the upside, because the data doesn't change a downbeat European Central Bank (ECB) interest rate outlook and the single currency faces German political risk as well as a U.S. tariff threat next week.
November 29,2019
Volatility in the Euro-Dollar exchange rate reached an all-time low this week, and dying volatility is being recorded in most other major currency pairs as we enter the final month of the year. What are the causes, and what could end it?
November 29,2019
The Euro-to-Dollar exchange rate is forecast to rally in 2020 by analysts at Wall Street-based Goldman Sachs, who see three key factors uniting to driver a stronger Euro.
November 28,2019
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