01 February 2019 Euro Boosted by Surprise Increase in Core Inflation 

The Euro was boosted in the final session of the week by official data revealing a surprise increase in the rate of core inflation for the month of January, which bodes well for the European Centra…

Read more … →
31 January 2019 Euro-to-Dollar Rate: Economic Data Suggests There Could Be More Bad News to Come

The Euro was resilient Thursday even after official data confirmed the economy has shifted into a lower gear during recent months, although it remains to be seen whether the currency can remain afl…

Read more … →
28 January 2019 Euro-to-Dollar Rate: Morgan Stanley Walks Away but Commerzbank Still a Buyer 

The Euro-to-Dollar rate is still set for gains this year, according to most accounts of how 2019 is likely to play out, but a worsening economic backdrop and lacklustre performance so far in Januar…

Read more … →
27 January 2019 Euro-to-Dollar Rate Week Ahead: Decidedly Mixed, Eurozone GDP is Key Data Event

Techical studies suggest the Euro-Dollar exchange rate should remain relatively bouyant but the outcome of Eurozone GDP data and the U.S. Federal Reserve's mid-week policy meeting could provide som…

Read more … →
25 January 2019 "We're positive on EUR/USD" says Bank of America 

The Euro is likely to reach new lows over the coming months as Eurozone growth falls falls even further, according to Bank of America Merrill Lynch, but a recovery for the economy and single curren…

Read more … →
24 January 2019 ECB Signals Caution on Economy, Euro Gives Jekyll & Hyde Response

The Euro will take a cue from the ECB at mid-day today with traders interested in how the Governing Council have interpreted the recent slowdown in Eurozone economic growth.

Read more … →
24 January 2019 Euro-to-Dollar Rate Hits Deck after German Manufacturing PMI Shows Sector in Recession

The Euro hit the deck Thursday after IHS Markit PMI data suggested the mighty German manufacturing sector is headed for a recession, just hours before the European Central Bank (ECB) is scheduled t…

Read more … →