We see a marginal bias to the short-term uptrend resuming and taking the exchange rate back up to the November 20 highs at circa 1.1470.
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The Euro hit the ropes Friday after November's IHS Markit PMI surveys showed the single currency bloc's economy softening even further in the final-quarter, casting a shadow over the European Centr…
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The Euro continued to rebound against the Dollar Wednesday even after the European Commission said it will move ahead with an "Excessive Deficit Procedure" in an attempt to reign in the Italian gov…
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The Euro entered the new week on the offensive Monday, advancing against the Dollar and most other developed world currencies, but the FX strategy team at ING Group say the rebound will soon fizzle…
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We are on balance bullish in our outlook for EUR/USD conditional upon the exchange rate successfully breaking above a key trendline.
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The Euro-to-Dollar rate outlook has dimmed further in recent days as economic and political headwinds are increasingly weighing on the single currency, leading analysts at Westpac to advocate selli…
Read more … →The EUR/USD pair keeps knocking at the door of the circa 1.1300 hard floor, and the risks are building that it could finally break below it in the week ahead.
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