The Euro could turn higher against the U.S. Dollar in the near future suggest our latest technical studies but much will depend on the outcome of this week's ECB meeting.
June 2,2019
The impact of month-end flows on foreign exchange markets is not as predictable as it once was says Brent Donnolly, a trader at HSBC.
May 30,2019
Bearish bets on EUR/USD are now so heavy they could actually limit the danger of any deep losses while the threat of a short-covering rebound rises sharply.
May 29,2019
From a technical perspective, there is a relatively strong possibility we may be witnessing a major bottom in the pair.
May 27,2019
According to analysts at Scotiabank downside momentum in EUR/USD is lapsing and the pair is unlikely to slide much deeper.
May 23,2019
The Euro was close to the bottom of the G10 pack Thursday following another disappointing round of IHS Markit PMI surveys and as markets braced for the outcome of European parliament elections that are now running until Sunday.
May 24,2019
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