The Euro-Dollar exchange rate is showing a marginal bias for more downside and charts suggest a recent downtrend could extend to 1.1400. However, much will depend on the outcome of U.S. inflation data and the details of the minutes of the ECB's most recent policy meeting.
October 7,2018
The Euro fell back to its September lows against the Dollar Thursday after Federal Reserve (Fed) chairman Jerome Powell appeared to hint interest rates could rise higher than many give the central bank credit for.
October 4,2018
The Euro is under pressure against the U.S. Dollar with EUR/USD trading at 1.1514 having began the week in the 1.1570s. Technical analysts give us their potential targets for the exchange rate.
October 2,2018
The Euro still faces a turbulent few weeks ahead as the Italian budget saga draws to a close but beyond this period, risks for the Euro-to-Dollar rate are tilted toward the upside into year-end, according to analysts at Credit Agricole.
October 1,2018
EUR/USD's short-term downtrend turns negative but some support from moving average and pivot likely this week. The main calendar releases for both the Dollar and Euro are labour market data.
September 30,2018
The Euro weakened in the final session of the week as traders responded to negative developments in the Italian budget process and a surprise fall in the rate of core-inflation for the Eurozone that have placed a question mark over the European Central Bank (ECB) monetary policy outlook.
September 28,2018
The Euro might have put in its lows for the year argues strategist Manuel Oliveri at Crédit Agricole in London who retains a view that the EUR/USD is a potential "buy on dips" prospect.
September 27,2018
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