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The Euro-to-Dollar rate has scope to rise significantly before the year is out but such gains would be unlikely if the Brexit process was to drive another steep fall in the value of Pound Sterling, according to Societe Generale.
May 21,2019
The Euro was trading higher against a soft Dollar and range of other rivals Monday but the downmove in the Euro-to-Dollar rate is not yet over, according to analysts at HSBC, who say the trend for the currency will remain to the downside over the coming months.
May 21,2019
The EUR/USD has reversed its previous short-term trend and is falling within a medium-term bearish channel.
May 20,2019
The Euro ceded ground to a resurgent Dollar Thursday but could have a way further to fall over the coming months, according to the latest strategy note from analysts at Deutsche Bank, who advocate betting against the single currency through the summer months.
May 17,2019
The Euro is likely to struggle to gain meaningful upside traction in the near-term as Italian political risks appear to be flaring up once more.
May 16,2019
The Euro went higher in mid-week trade on reports the U.S. will delay its "Section 232" tariffs on autos and parts for up to six months, and if officially confirmed the news could put a floor beneath the under-pressure Euro we are told.
May 15,2019
The Euro was languishing at a one-week low Wednesday after official figures confirming a pickup in the economy during the first-quarter failed to inspire a bid for the single currency, with the data coming as major banks continue to downgrade their EUR/USD forecasts.
May 15,2019
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