The Euro has completed the formation of a technical pattern on the charts that brings a year-long downward lurch and puts a potential gain of more than six percent in the cards for the months ahead…
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The EUR has been strong against the USD of late, but there is a chance the short-term rally could struggle to make further progress in the coming week.
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The Euro saw its second consecutive session of gains the helped it to a three-month high Friday but it still has further to climb according to the latest forecasts from Commerzbank, which have been…
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The Euro surged Thursday after the European Central Bank (ECB) appeared to signal that it's not quite as downbeat about the Eurozone economic outlook as markets had come to believe it might be, alt…
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Despite expectations for a potential pull-back in EUR/USD down to the 1.1200 floor, in the medium-term the technical outlook is more bullish than bearish.
Read more … →The Euro was stable against a weak Dollar on Tuesday even after inflation date for the month of May surprised sharply on the downside, potentially posing an awkward question to the European Central…
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The Euro advanced against a weakened Dollar Monday but it still lacks the impetus to clear a key resistance level that is nearby and political risks facing the single currency are now escalating.
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