The debate on the EUR/USD’s outlook rages on with those who have long maintained negative bias towards the pair jumping on the weakness seen over recent days.
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We are on course for the third week of losses in a row for the EUR to USD conversion - where will the selling pressure end?
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The euro has fallen against the US dollar for two weeks now with a broad-based US dollar recovery being underpinned by stronger-than-forecast economic data.
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Deutsche Bank have once again had to revise higher their EUR to USD forecasts but stand by their view that the euro must fall and the dollar has not yet peaked in its current cycle of appreciation.…
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No trend lasts forever, and this surely holds true for the shared currency which has been under pressure since 2008. We believe there are signs a sustained period of strength is drawing close.
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We search high and low for the latest views and predictions pertaining to the euro vs dollar exchange rate. Here are what the big name’s in currency forecasting are thinking.
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The euro could be about to suffer a notable move lower if the forecasts from a leading Swedish investment bank is correct.
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