ECB meeting and potential Euro exchange rate reactions

The EUR/USD exchange rate has fallen of late with analysts at Credit Suisse pointing the blame at the impending European Central Bank meeting.

November 2,2016

euro exchange rate 2

Euro finally breaks down but alights on rhino-skin support and event risk extremely high this week with many major releases, so rebound a possibility.

October 18,2016

euro to pound sterling exchange rate

A positive outlook for the German and Eurozone economies has not been not enough to overcome dollar strength and the EUR/USD keeps on falling.

October 12,2016

euro exchange rate 3

The Euro continues to enjoy an upside bias and charts show price-action underpinned by a considerable band of support.

October 11,2016

 euro exchange rate 1

Concerns about instability in the banking system could lead to a fall in the euro, although it remains remarkably resilient so far given Deutsche Bank’s travails.

October 4,2016

euro to dollar 2

More upside for the euro as ECB support limits impact on currency of the brewing German banking crisis.

October 1,2016

Euro exchange rate outlook

The Euro is forecast to remain well supported but dollar strength remains a risk should US data surprise to the upside while our technical studies continue to anticipate an upside breakout.

September 27,2016

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