The Euro pared earlier losses against the Dollar and did some of the work driving a rally in EUR/GBP after the European Central Bank (ECB) raised its forecasts for inflation in the Eurozone before …
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U.S. CPI inflation is due for release at 13:30 BST and risks are skewed towards the upside for EUR/USD.
Read more … →The Euro to Dollar exchange rate has held onto much of November gain in early December trade but technical resistances continue to frustrate its path above 1.06 and Tuesday's U.S. inflation data is…
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"We think the ECB will surprise hawkishly by hiking by 75bp for the third time in a row," says economist Jan von Gerich at Nordea Bank.
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The lows for the Euro are in the rear-view mirror and the next big move is likely to be higher, says NatWest Markets.
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Intesa Sanpaolo raises Euro-Dollar forecasts.
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The Euro to Dollar exchange rate entered the new week on the front foot with help from a rallying Renminbi but would risk being frustrated in its recovery by a nearby thicket of technical resistanc…
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