"The French:German 10-year sovereign spread briefly pushed beyond 70bp yesterday... That's bad," says Chris Turner, head of FX research at ING Bank.
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The Euro to Dollar exchange rate is forecasted to "stay heavy" in the next few weeks, with one technical analyst downgrading his view for the pair.
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The Euro to Dollar exchange rate is under pressure as political uncertainty returns to haunt the Eurozone.
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Strategists see limited upside potential for the Euro to Dollar exchange rate stemming from today's European Central Bank (ECB) policy decision and guidance.
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The US dollar continues to show robust strength supported by its high yield and geopolitical considerations, while the euro faces headwinds that are likely to keep the EUR/USD exchange rate within …
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The Euro to dollar exchange rate hit a new three-month high of 1.0916 on Tuesday, with analysts ascribing recent moves to soft U.S. data and falling oil prices.
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What is the Euro to Dollar exchange rate's forecast for the week ahead? We forecast a test of 1.09 and a potential breakout from the May range, but U.S. labour market numbers must come in weak.
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