The ECB can't really say anything further that will disappoint the Euro says a leading Italian bank who suggest the time to buy EUR/USD will ultimately present itself once more we are told.
Read more … →
The Euro-to-Dollar rate is headed back to the bottom of its two month trading range over coming days if commentaries from foreign exchange strategists at some of Europe’s leading trading firms are …
Read more … →
The Euro dipped during mid-week trade when European Central Bank president Mario Draghi confirmed he was in no rush to change policy, providing further frustration for Euro bulls.
Read more … →
“To us, the EUR looks ripe for consolidation versus the USD and looks primed to sell off on the crosses for several reasons” - CIBC Capital Markets.
Read more … →Uptrend remains intact at start of trading week despite pair being temporarily rangebound
Read more … →
“An analysis of the flows driving the euro higher last year points to these being largely beyond the ECB’s control. First, there is Foreign Direct Investment (FDI) flows...Then we have equity flows…
Read more … →
If the Euro-to-US Dollar rate can hold its current range through the volatile events of this week, its chances of going higher are enhanced.
Read more … →