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The Euro rose sharply Thursday after current account data for October provided the single currency further tailwind of support, which comes on top of relief over a detente between the Italian government and European Commission.
December 21,2018
The Euro rose Tuesday even after the latest Ifo business sentiment survey revealed a fourth consecutive deterioration in activity and the forward outlook for companies in Germany, but headwinds are mounting for the currency.
December 18,2018
The Euro-to-Dollar rate has been trapped within the 1.12-to-1.14 range for several weeks now and is expected to remain within these confines during the days ahead, although its bias is to the downside.
December 16,2018
The Euro was treading water Thursday ahead of the latest European Central Bank (ECB) interest rate decision and monetary policy statement, which could be key to the direction of the single currency into year-end and beyond.
December 13,2018
The Euro-to-Dollar rate will fall to new lows next year, according to the latest forecasts from Barclays, as the European Central Bank (ECB) outlook darkens, political risks linger and the U.S. greenback remains top dog in currency markets.
December 11,2018
Overall we see a marginal bias to more EUR/USD upside in the week ahead, conditional, however, on a clear break above the 50-day moving average.
December 9,2018
The big question for the Euro now is whether Eurozone growth will continue a trend of weakness in Q4 and beyond and whether the ECB will continue to stick to its normalisation roadmap.
December 5,2018
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