The Euro stabilised at the bottom of its recent trading range Wednesday but the threat of a break to the downside has grown this month, according to technical strategists at J.P. Morgan, and BMO Capital Markets has warned that central bank decisions at the end of July could result in fireworks.

July 17,2019

The Euro was treading water early in the new week as a resilient Dollar guards the path ahead of the single currency, which is likely to remain the case in the months ahead according to analysts at Rabobank and ING Group, who say any recovery is likely to be a very slow burn for Europe's unified unit.  

July 15,2019

Euro-Dollar

Euro-to-Dollar exchange rate 5-day forecast suggests the single-currency is, on balance, preferred over the Dollar.

July 14,2019

The Euro advanced against a retreating Dollar Thursday after European Central Bank (ECB) board member Benoit Coeure downplayed a recent increase in market fears over the outlook for the Eurozone economy, private sector forecasters are increasingly warning of trouble ahead. 

July 11,2019

The Euro softened Wednesday and is set to go on declining into year-end, according to forecasts from Barclays, which were downgraded this week in response to an improving outlook for the U.S. economy. 

July 9,2019

Outlook for EURUSD

The Euro-to-Dollar rate is trading around 1.1224 at the start of the new trading week, after falling 1.25% from the week before. Studies of the charts suggest the exchange rate may now be poised to fall even further over the coming 5 days.

July 7,2019

The Euro was sold by central bankers in the first-quarter of this year despite it declining to bargain levels according to analysts at global banking giant MUFG, who say the single currency is likely to remain in a narrow range against the Dollar this week. 

July 5,2019

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