EUR/USD hit its highest level since November 2016 this week at 1.0990 and looks intent on testing and breaking 1.10.
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The Eurozone economy is playing catch up with the US economy, with important implications for EUR/USD, argues Westpac’s Richard Franulovich, in a note seen by Pound Sterling Live.
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At the start of the new trading week, we focus in on the ambiguous technical picture displayed by the Euro to US Dollar pair in an attempt to make some sense of it and forecast future direction.
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EUR/USD is still in a long-term downtrend regardless of its short-term recovery.
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The Euro outperformed its major rivals following the release of data that showed a key measure of prices in the Eurozone was riding steadily towards the ECB's target level.
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The Dollar did not get the boost many thought it would from the US administration's announcement of new tax plans while analysts are becoming increasingly positive of the Euro. But, the month of Ma…
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Following a good run for the Euro over recent days markets will take their next cue on where to send the shared currency from the European Central Bank who today conduct their April 2017 policy mee…
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