New research shows the Euro-to-Dollar exchange rate is liable to shoot above its fair-value level over coming months, and stay overvalued for a considerable period of time.
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The Dollar rose a cent against the Euro after yesterday’s FOMC but those hoping for a reversal of the trend and a major recovery may be disappointed.
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The Euro to US Dollar pair is correcting back in the midst of a strong uptrend as we enter a new week of trading.
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An onward march from the Fed, a dovish ECB and recent flow data mean the greenback goes higher and EUR-USD comes down.
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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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