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Swiss lender Credit Suisse expect the EUR/USD exchange rate to reach 1.17 by year end due to a policy shift by the European Central Bank away from targeting exchange rates.
March 18,2016
The euro is now expected to weaken to parity with USD, and its all because of those banks again..
March 21,2016
The euro continues to drift lower yet still retains the majority of the gains registered following the ECB meeting from last week.
March 16,2016
A look at the the week ahead for the EUR/USD pair.
March 16,2016
The EUR/USD rate swung from lows in the1.08s to highs in the 1.11s during the ECB meeting announcment and press conference afterwards.
March 12,2016
The euro fell initially during the ECB rate meeting after signs of a robust policy response, however, it gave back gains after Mario Draghi signalled he would not be cutting rates any lower.
March 10,2016
‘Printing money’ alone is unlikely to be able to weaken the euro – what’s necessary is a helping hand from the Fed or Brexit.
March 10,2016
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