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The Euro-to-Dollar rate fell to a new 2018 low Thursday as the US Dollar remained on the front foot during the London session, although strategists at some of Europe's largest banks are increasingly suggesting the exchange could have much further fall during the months ahead.
June 21,2018
The Euro has been under pressure against the US Dollar since April, but we are told that the EUR/USD exchange rate is still likely to end the year higher than at current levels.
June 20,2018
The Euro-to-Dollar rate is "attractive" at current levels, according to strategists at Morgan Stanley, who are arguing that the recent sell-off sparked by the European Central Bank (ECB) last week has left the single currency positioned for a strong recovery over the longer term.
June 19,2018
Euro exchange rates were seen under pressure on Tuesday, June 19 following an address by European Central Bank President Mario Draghi to the ECB's Forum on Central Banking currently underway in Sintra, Portugal.
June 19,2018
The Euro-to-Dollar rate edged higher Monday after drawing a line under last week's violent sell-off but its broader direction this week will be determined by whether Mario Draghi sticks with the new interest rate message at the European Central Bank conference in Sintra, or if he now attempts to put genie back in the bottle.
June 18,2018
Technical studies suggest the EUR/USD conversion is liable to head lower while moves could be dictated by comments made in Sintra, Portugal this coming week.
June 17,2018
The Euro-to-Dollar rate has dimmed this week after the European Central Bank quashed market hopes of an initial Eurozone interest rate rise in June 2019, leading a long line of currency strategists to downgrade their forecasts for the single currency.
June 15,2018
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