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The Euro succumbed to the advances of a recovering Dollar Monday amid doubts over the substance of last week's U.S.-China agreement but the single currency is tipped by analysts at Nordea Markets to remain on the back foot in the months ahead, likely hitting a new low before year-end.
October 15,2019
Studies of the EUR/USD charts are showing the potential for more upside in the short-term dependent on a break to new highs.
October 13,2019
The Euro-to-Dollar rate is increasingly buffeted by political factors and will in the weeks ahead take most of its cues from developments on Brexit and the U.S.-China trade conflict, according to analysts at MUFG.
October 11,2019
The Euro was aided higher in a risk-on market Thursday by reports of internal opposition to the recent European Central Bank (ECB) decision to resume its quantitative easing program, although an increasingly apparent policy impotence could lift the single currency even further into year-end, according to Monex Europe forecasts.
October 11,2019
The Euro was advanced against most major rivals Wednesday amid an upbeat mood in markets that favoured so-risk assets and non-Dollar currencies but would-be sellers are now waiting in the wings in anticipation of a fresh opportunity to bet against Europe's unified unit.
October 9,2019
The EUR/USD rate’s recovery has hit a roadblock and is stalling and there is now a risk the pair could start to move lower again.
October 9,2019
The Euro trod water in a risk-off market through much of Monday as investors responded to poor economic figures from the old continent while also expressing concerns over the merits of looming talks between the U.S. and China, but analysts are tipping the single currency for losses up ahead.
October 8,2019
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