The Euro-Dollar pair will likely be driven by the Dollar side of the pairing this week when eyes turn on the U.S. midterm elections which could drive the exchange rate through a key support level.
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The Euro's trading range against the US Dollar has shifted lower, say analysts, and recent activity has "cemented" a new range floor at the level of the 1.13-1.1350 August and yearly lows.
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The Euro shrugged off an anticipated pickup in inflation during October, remaining on its back foot in the mid-week session, as global factors and concerns about a darkening economic outlook weighe…
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The Euro has traded relatively steadily in the face of some significant setbacks of late, and this could be a bullish sign for the currency longer-term as it suggests a good dose of bad news is ref…
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The Euro slipped lower Tuesday after official data revealed a surprise slowdown in the pace of Eurozone GDP growth during the third-quarter, darkening the outlook for the single currency.
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The Euro has entered the new week on its back foot after the outcome of another regional election in Germany saw the single currency's political headache turn into a migraine on Monday.
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The Euro extended losses last week as a host of factors pushed it lower but the market now looks to have begun carving out a base close to its one-year lows in the 1.13 area.
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