The Euro to Dollar exchange rate continues to rise in a strong uptrend.
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The EUR/USD exchange rate is rising in a strong uptrend which keeps making new highs.
Read more … → The Euro-to-Dollar exchange rate is forecast to maintain its strong upward momentum as the ECB is seen tolerant of the gains provided the Eurozone economy maintains its current growth rates.
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The European Central Bank (ECB) could string out its Quantitative Easing (QE) programme for longer than markets expect due to the strength of the Euro, says UBS's Beat Siegenthaler.
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An uncertain outlook for the Dollar half of the EUR/USD pair is keeping hopes alive for Euro bulls despite many analysts calling a market top at the recent 1.20 peak.
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The EUR/USD has probably peaked at 1.20 according to Scandinavian lender SEB, who struggle to see on what basis the pair could go higher, in the short-term at least.
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