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The Euro-to-Dollar outlook has darkened in recent weeks, according to the latest forecasts from strategists at Bank of America Merrill Lynch, who are arguing the exchange rate will set new lows this summer and that its susbequent recovery will be shallower than many expect.
July 5,2018
Foreign exchange strategists are warning the Euro-to-Dollar exchange rate will likely remain under pressure over coming weeks, despite easing of political risks in the Eurozone.
July 5,2018
Euro enjoying a modest lift from CDU/CSU peace deal but commentators say Merkel now risks being a 'lame duck' Chancellor while the German's solution risks being seen as unilateral action to solve migration crisis.
July 3,2018
Technical studies suggest a solid support level has formed in the mid-1.15s. Watch survey data out of the Eurozone this week for guidance on the Euro while employment and manufacturing numbers dominate the Dollar's week ahead
July 1,2018
The Euro rose sharply against the Dollar and other major currencies Friday after official data showed Eurozone inflation picking up further in June, seemingly vindicating the European Central Bank for its recent optimism on the subject.
June 29,2018
The Euro surged higher across the board in early trade Friday on news that German Chancellor Angela Merkel's quest for a new EU-wide settlement on asylum and immigration has been successful.
June 29,2018
The EUR-USD exchange rate is finding solid buying interest on account of solid technical support and softer-than-forecast US data.
June 28,2018
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