The EUR/USD pair may fall even more deeply in the week ahead as the strong downtrend extends on fears of political instability in Europe.
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The US Dollar has seen yet another burst of strength that propelled it to fresh 13-year peaks on a trade-weighted basis.
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Barclays have released their latest forecasts for the world’s major currencies and 2017 confirm they are part of the ‘parity party’ on EUR/USD.
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Donald Trump’s victory has led to a redoubling of bearish forecasts.
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The EUR/USD pair is in a short-term downtrend since selling off following the news of Donal Trump’s victory, now the pair looks set for more downside as fears of a populist reaction spread across t…
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Whilst most analysts took the Euro’s early gains as a cue to write bullish forecasts the surprising retraction in EUR/USD has changed the outlook.
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The EUR/USD spiked higher following the news of Trump’s presidential election success, could this be the start of a broader rebound for the pair?
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