ECB would cut rates in the event of a significant rise in the euro says European bank.
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The euro has made a firm start to the new week against the dollar, but the rebound could soon be faded.
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Julius Baer argues recent USD strength should be viewed as corrective, not decisive.
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The euro’s surge against the dollar last week was driven less by shifting macro fundamentals and more by an options-led liquidity dislocation.
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The euro to dollar exchange rate (EUR/USD) has unwound overbought conditions.
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The euro’s pullback against the dollar looks corrective rather than trend-changing.
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The euro is approaching a critical technical threshold against the dollar after a sharp rally has brought a long-term moving average back into focus for the first time in several years.
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