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The Euro-to-US Dollar rate fell sharply at the end of last week after the single currency lost ground due to fears contagion from the Turkish debt crisis could undermine the financial stability of the Eurozone.
August 13,2018
"Trouble in Turkey spurred a stampede into the U.S. currency which powered to fresh highs." - Western Union.
August 11,2018
Large option expiries can move the market and many are expected on Thursday - expiry levels tend to draw the rate back up or down to the level but if the market is too far away there is the possibility of the opposite occurring and 'gamma explosion'
August 9,2018
The Euro shrugged off mixed German data midweek after indications China is enjoying a boost in trade with the EU, just as its trading relationship with the US deteriorates.
August 8,2018
The Euro was steady against the Dollar Wednesday but the currency will be increasingly vulnerable to losses over coming weeks as the new Italian government thrashes out its 2019 budget plan ahead of a possible showdown with EU fiscal hawks in Brussels toward the end of the year.
August 8,2018
The Euro was steady during the morning session Monday but a stalling continental economy means the single currency will set new lows against the Dollar before the summer is out, according to analysts from some of Europe's largest banks.
August 6,2018
EUR/USD is breaking out from the narrow confines of a sideways range with the pair liable fall to a deeper target in the 1.13s or 1.14s. The main data release for the Euro is the ECB's Economic Bulletin; for the Dollar inflation data will take centre stage.
August 5,2018
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