A tough level of resistance lies in the way of the EUR/USD exchange rate's gentle short-term rally and we would not expect a major move until the meeting of the European Central Bank is concluded.
March 3,2019
The Euro bit its thumb at Eurostat's estimates of Eurozone inflation in February this Friday, rising against the Dollar after official data showed core consumer prices retreating again last month.
March 1,2019
One explanation for the Euro’s surprising resilience in the face of disappointing data is that it has been supported by continued strong interest from bond investors keen to put their money to work in the Eurozone.
February 27,2019
The Euro will stay surprisingly strong despite the deceleration in Euro-area growth and the risk of a U-turn by the European Central Bank from their plans to normalise crisis-era policy settings, according to Citibank.
February 26,2019
The technical outlook is marginally bullish after the pair pivoted higher following a false break below the lower border of a long-term channel, however the pair will be subject to some volatility over coming days as a slew of important U.S. economic readings are released.
February 24,2019
The Euro was left treading water Friday after a series of statistics showed the German economy on life support early in the New Year while inflation data confirmed that Eurozone consumer price pressures are going nowhere fast, which is a twin headache for the European Central Bank (ECB).
February 22,2019
The Euro exchange rate complex was put on the back-foot on Thursday, February 21 after Eurozone-wide activity data for February showed the area's economy continues to be weighed down by an under-performing manufacturing sector.
February 22,2019
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