EUR/USD has broken above a major trendline on a closing basis on the weekly chart, which is a strong bullish indicator for the pair, and biases the charts to indicating more upside in the week ahead.
January 13,2019
Italy in the spotlight as data points to recession and a regional lender goes into administration.
January 11,2019
The Euro advanced against a weakening Dollar Friday as it followed China's Renmimbi higher in response to optimism about progress in the U.S-China trade talks, which is overriding mounting concerns over health of the bloc's economy.
January 11,2019
Italian industrial production data fell sharply in November, adding to a string of data releases that show economic activity in the Eurozone has slowed sharply.
January 11,2019
The Euro was treading water Thursday after French industrial production aggravated earlier concerns about the health of the Eurozone economy, which have led some economists to forecast the European Central Bank will now not get the chance to raise its interest rate in this cycle.
January 10,2019
The Euro-to-Dollar rate is continuing to draw buyers out of the woodwork even in the face of mounting concerns over the bloc's economy, with some suggesting the exchange rate could return to levels last seen in the summer of 2018 over the coming weeks.
January 10,2019
The Euro underperformed rivals Tuesday after official data revealed a second consecutive contraction in German industrial production took place in November, all but ruling out a rebound from weakness seen in the third-quarter and prompting one economist to warn of a "technical recession".
January 8,2019
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