A growing number of disaffected states are strategically trying to reduce their reliance on the U.S. Dollar for routine international transactions, using the Euro or local currencies instead. This …
Read more … →History tells us that the EUR/USD pair usually rises when both the U.S. and Eurozone central banks cut their interest rates, according to Marshall Gittler at BDSwiss, who says the exchange rate sho…
Read more … →The Euro advanced against a weaker Dollar Wednesday but those gains will soon give way to fresh losses, according to strategists at BMO Capital Markets, who say the single currency will be buffeted…
Read more … →The Euro reversed its earlier course and drifted lower on Tuesday as the Dollar rebounded from its previous slump but the exchange rate is still being tipped as a sell by strategists at TD Securiti…
Read more … →Although the recent pull-back in EUR/USD is quite sharp and could be the start of a reversal, it is yet to follow evolve and the overarching downtrend has the upper-hand.
Read more … →The Euro-to-Dollar exchange rate is likely to rise eventually because it is undervalued, says Thanos Vamvakidis, head of G10 FX at Bank of America Merrill Lynch, despite complex cross-currents mudd…
Read more … →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 suggesti…
Read more … →