The Euro scored a modest gain over a softer Dollar on Monday but it faces a tough few quarters ahead, according to analysts at Rabobank and Commerzbank, who say the European Central Bank's (ECB) re…
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The outlook for the single-currency against the U.S. Dollar is bearish and a break below the 1.1176 Thursday low would be ideal for confirmation of an extension down to a target at 1.1110.
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The Euro is now facing a year of moribund price action that will see January's highs act as a ceiling over the coming quarters, according to the latest forecasts from Danske Bank, after the Europea…
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The Euro dropped temporarily after the European Central Bank announced it would be making billions of Euros available to Eurozone banks at cheap rates to try and reinvigorate lending to the economy…
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Foreign exchange market focus is likely to turn to the European Central Bank (ECB) today where traders will be looking for any significant shift in policy that might impact the value of the Euro.
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The Euro underperformed most G10 rivals in a risk-on market Monday as investors responded to report from The Wall Street Journal claiming negotiators are close to reaching a deal that ends the U.S.…
Read more … →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.
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