Foreign exchange trader

The Euro-to-Dollar rate is trading at 1.1217 at the start of the new trading week, having fallen 1.1% in the previous week. Studies of the charts suggest the exchange rate is set to go sideways with a marginally bearish bias in the days ahead but the ECB's Sintra event and the Fed's mid-week policy decision should deliver some volatility.

June 17,2019

The Euro continued to languish close to the bottom the G10 league table for 2019 on Friday and could remain there for a while to come if the latest guidance from Credit Suisse is anything to go by, because the bank has told its institutional clients they should keep selling the single currency on rallies. 

June 16,2019

The Euro-to-Dollar rate is a likely beneficiary of any decision by the Federal Reserve (Fed) to cut its interest rate and buying it is the second best idea out there right now, according to strategists at Nordea Markets, although analysts at SEB Bank told clients Wednesday to sell the single currency and only one of the two firms can be right. 

June 13,2019

The Euro stabilised Thursday after taking a knock in the previous session when President Donald Trump appeared to suggest he might use economic sanctions in order to prevent Germany from constructing a controversial gas pipeline between it and Russia. 

June 13,2019

The Euro-to-Dollar rate may have formed a major bottom on the charts from which it would be likely to reverse and trend higher, according to analysts at Faraday Research, who're telling clients the down-move in the exchange rate could now be over.

June 12,2019

The Euro has gained more than half a percent against the Dollar in the last week and is increasingly tipped to benefit from a decline of the U.S. greenback but any steep recovery would only serve to invite European Central Bank (ECB) intervention according to Pantheon Macroeconomics, which might then undermine the single currency. 

June 11,2019

The Euro has completed the formation of a technical pattern on the charts that brings a year-long downward lurch and puts a potential gain of more than six percent in the cards for the months ahead, although the recovery might be slowmoving to begin with, according to technical analysts at Commerzbank.

June 10,2019

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