The Euro is under pressure against the Dollar, and our studies of the charts are showing the short-term trend is bearish and given the old adage ‘the trend is your friend’ it is likely, therefore, to extend.
September 1,2019
The Euro ceded ground to the Dollar and other rivals Thursday even after Italian political parties struck an agreement that averts a market-unfriendly general election, although analysts say this "noise" is not enough to offset more signicant concerns about the U.S.-China trade war and European Central Bank (ECB) interest rate policy.
August 29,2019
The Euro advanced against the Dollar and other rivals Tuesday even after official data confirmed the German economy is at risk of falling into recession, although the resilience of the single currency could increasingly be becoming a headache that eventually sees the European Central Bank (ECB) attempt to push it lower.
August 27,2019
The short-term trend in EURUSD is sideways in nature, and the Euro can therefore continue recovering in the short-term.
August 27,2019
The Euro was on its front foot and advancing strongly during early trading Thursday after IHS Markit PMI surveys showed the continent's beleaguered manufacturing sector stabilising in August, with France having returned to growth and German industry seeing signs of a bottom in the cycle.
August 22,2019
The Euro-Dollar Rate pared an intraday loss and climbed higher in late noon trading Tuesday even after Prime Minister Giuseppe Conte announced his resignation on the floor of the senate, consigning the Italian people and economy to a perio of limbo as President Sergio Mattarella attempts to find a way forward.
August 20,2019
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