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The Euro retreated from some major rivals in a risk-off market Monday after fighting a still-losing battle to recover a key technical level on the charts that could be decisive in determining whether the exchange rate plumbs new multi-year lows over the coming months.
September 30,2019
Studies of the EUR/USD charts are showing the short-term trend is vulnerable to continuing lower.
September 30,2019
The Euro-Dollar rate is at risk of imminently snapping its long-term uptrend, according to analysts at Bank of America Merrill Lynch, and multiple other firms are now tipping the single currency to move lower throughout the final quarter.
September 27,2019
The EUR/USD is in a bearish descending channel and poor data and technical setup threaten further weakness.
September 26,2019
Sabine Lautenschläger, Member of the Executive Board and Governing Council of the ECB, has resigned, a move that adds to the Euro's underwhelming performance of late.
September 26,2019
The Euro's newfound stability won't last for long if the latest Barclays forecasts are anything to go by because analysts at the bank are tipping the single currency for a steady slide to a near-two-decade low next year.
September 25,2019
The Euro-Dollar's decline within a falling channel is forecast to extend, and rallies are viewed as a chance to sell the pair at a better price.
September 24,2019
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