The Eurozone financial system received a clean bill of health from the European Central Bank Thursday but economic data and analyst forecasts continue to show that the outlook for the single currency has deteriorated of late.
November 29,2018
The Euro and Eurozone economy would muddle through a so-called no deal Brexit without any significant damage overall, according to economists at Capital Economics, although the economic impact would be noteworthy in Ireland.
November 28,2018
The Euro took a know in London afternoon trade Tuesday on a report U.S. President Donald will hit European car imports with tariffs as early as next week.
November 28,2018
The Euro ceded ground to a resurgent Dollar Tuesday and will struggle to recover this week, according to Commerzbank, even after Italy's government blinked in its budget standoff with the EU.
November 27,2018
The German economy faces a tepid finish to 2018 following a weak third-quarter and after hat-trick of business surveys showed headwinds to growth mounting in October, but economists at Berenberg Bank say the slowdown is just temporary.
November 26,2018
We see a marginal bias to the short-term uptrend resuming and taking the exchange rate back up to the November 20 highs at circa 1.1470.
November 25,2018
The Euro hit the ropes Friday after November's IHS Markit PMI surveys showed the single currency bloc's economy softening even further in the final-quarter, casting a shadow over the European Central Bank (ECB) policy outlook.
November 23,2018
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