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.
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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.
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The U.S. Dollar and global markets are selling off, and China is the root of the nerves says one analyst.
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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…
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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.
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The Euro outlook may have dimmed a touch further Monday after official data revealed a surprise fall in German industrial production during August, which has placed a question mark over the likely …
Read more … →The Euro-Dollar exchange rate is showing a marginal bias for more downside and charts suggest a recent downtrend could extend to 1.1400. However, much will depend on the outcome of U.S. inflation d…
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