04 July 2018 EUR/USD: Selling Rallies a Preferred Strategy for Traders for Rest of Summer 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.

Read more … →
03 July 2018 Merkel's Immigration Fix to Underpin Support for the Euro over Near-Term

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 mโ€ฆ

Read more … →
01 July 2018 Euro-to-Dollar Rate Week Ahead: The Floor is in

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 domiโ€ฆ

Read more … →
29 June 2018 Euro Surges into Month-end after Inflation Outlook Brightens and as Markets Cheer Merkel's Reprieve

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 Cenโ€ฆ

Read more … →
29 June 2018 EUR/USD Rate in 0.75% Bounce on Merkel Immigration Win at EU Summit

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.

Read more … →
28 June 2018 EUR/USD Finding Solid Buying Interest as US GDP Numbers Revised Lower

The EUR-USD exchange rate is finding solid buying interest on account of solid technical support and softer-than-forecast US data.

Read more … →
26 June 2018 EUR/USD in Focus as Economists Warn Eurozone Faces Sizeable Dent from "Trade War" with US

The Eurozone economy has a lot to lose in any so called trade war with the United States, according to new research from analysts at Bank of America Merril Lynch, who argue that the Euro rate โ€ฆ

Read more … →