The Euro softened in sympathy with Pound Sterling Wednesday after the fortnight long rally by the British currency came to an end in tandem with voting in the UK parliament, athough Europe's unified unit is said by some to be at risk of further losses heading toward the weekend. 

October 23,2019

Euro Dollar

Studies of the Euro-Dollar charts are showing the short-term uptrend is likely to extend although the approach of a key trendline raises the risk of a correction unfolding.

October 20,2019

Exchange rates EURUSD

The Euro had been stuttering in recent sessions, but has taken another shot in the arm with progress in the Brexit process.

October 17,2019

The Euro was treading water Wednesday amid speculation the German government could be about to loosen its purse strings in a bid to support its economy through an ongoing soft patch, although some have already said that any such move will be no panacea for the challenges faced, not least of all because of restrictive budget laws.

October 16,2019

The Euro retreated from major rivals Tuesday but received consolation in the form of a surprise bounce in the latest Leibniz Centre for European Economic Research (ZEW) survey, which showed investors becoming less pessimistic in their outlook for the economy during the recent month. 

October 15,2019

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

Euro Dollar week ahead

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

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