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The Euro will fall back to its joint lowest level since June 2017 before the year is out, according to forecasts from analysts at J.P. Morgan, who are warning that a strong U.S. Dollar and upset over Italy's budget plan will keep the single currency on the back foot in the months ahead.
October 16,2018
The EUR/USD exchange rate is seen recovering from the bottom recorded at 1.1400; a break above 50-day MA would provide green-light for longs. News from Italy will probably be the main driver of the Euro whilst the Dollar could be impacted by retail sales.
October 14,2018
Evidence of heavy Euro buying by central banks at the recent EUR/USD's 1.14 October 9 dip lows could be a significant signal the pair is reversing trend based on previous historical precedent.
October 12,2018
The single currency will face a double-barrelled political headwind on Monday just as the Euro-to-Dollar rate knocks on the door of a key technical resistance level.
October 12,2018
The U.S. Dollar and global markets are selling off, and China is the root of the nerves says one analyst.
October 11,2018
The Euro ceded further ground to the Dollar Tuesday as markets remain in dismay at the latest developments in the Italian budget saga, but another political headache awaits the single currency once into next week.
October 9,2018
The EUR/USD exchange rate is likely to "have a downside tilt" for the next month or so, according to analysts at Nordea Bank; but from the middle of November, it is tipped to recover.
October 9,2018
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