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The Euro fell to a fresh two-year low against the Dollar Thursday and is tipped to suffer further losses now the Federal Reserve (Fed) has breathed new life into the greenback by suggesting it might not cut U.S. interest rates this year as much as the markets were anticipating.
August 1,2019
The Euro was on its back foot again Wednesday as financial markets responded to the latest growth and inflation figures from the Eurozone, which have all-but confirmed the European Central Bank (ECB) will likely feel compelled to cut interest rates and restart its quantitative easing (QE) program over the coming months.
July 31,2019
The Euro was trading a fraction higher Monday and could go on to reclaim more ground previously lost to the Dollar this week if the Federal Reserve (Fed) cuts its interest rate Wednesday but these gains won't last, according to analysts at Nordea Markets and J.P. Morgan.
July 29,2019
Studies suggest the EUR/USD exchange rate has resumed its downtrend and is at risk of further weakness in the week to come.
July 28,2019
The Euro ceded ground to a resurgent Dollar Friday but the single currency is in line for even more losses in the months ahead, according to multiple analysts, who're re-examining their forecasts after the European Central Bank (ECB) suggested a fresh program of interest rate cuts and quantitative easing (QE) is on the way.
July 26,2019
The risk of a recession in Germany by the end of the third-quarter 2019 grew following the release of German ifo data for July.
July 25,2019
The Euro was in retreat from a steady Dollar and stronger Pound Wednesday after IHS Markit surveys for July pointed to a renewed economic slowdown in the third-quarter, prompting calls for the European Central Bank (ECB) to support the economy with interest rate cuts and more quantitative easing as soon as this Thursday.
July 24,2019
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