The euro to dollar exchange rate (EURUSD) remains caught in a longer-term downtrend with a close below the 30-year channel suggesting parity will ultimately be achieved.
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The euro pound exchange rate appears intent on staging a recovery while the euro dollar rate looks as though it may have arrested the break-neck declines seen leading into March.
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With Eurozone stock markets powering higher we hear the outlook for the euro exchange rate complex will continue to be undermined as investor demand for currency hedges remains elevated.
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The euro to dollar exchange rate (EUR/USD) has powered higher bringing to end the relentless selling pressure.
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The outlook for the euro exchange rate complex (EUR) remains overwhelmingly soft says a new note issued by a leading Deutsche Bank analyst.
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The euro dollar exchange rate has found buying interest at the 1.10 level was sufficient enough to arrest a fresh sell-off.
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