The Euro-to-Dollar rate is on the cusp of another leg downward, according to strategists, and Thursday might prove the catalyst for Europe's single currency to break below a key technical threshold…
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EUR/USD has crossed an important technical rubicon in the early hours of Tuesday morning, which now lends a decidedly bearish tint to the pair's chart.
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The Euro slipped during early trading Monday after surveys showed activity in the Eurozone's key manufacturing industry slowing by a touch during the April month, adding further weight to concerns …
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After months of plateauing EUR/USD may be on the verge of a new dawn of volatility.
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The final revision to Eurozone March inflation delivered a surprise to markets on Wednesday, April 18 after Eurostat announced a downgrade to annualised numbers.
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The Euro-to-Dollar rate could be vulnerable to renewed weakness during the summer months, according to analysts at Danke Bank, which may push the exchange rate to the bottom of its 2018 range.
Read more … →The Euro-to-Dollar rate has entered the week on the front foot after also having closed the previous week higher on Friday, although a relatively sparse economic data calendar and a range of techni…
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