Since the start of 2015 the euro to dollar exchange rate has been caught in a side-ways trend that has rarely exceeded 1.15 on the upside and 1.05 to the bottom.
April 5,2016
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Euro Dollar Rate: Mid-Term Forecasts for EUR Against the Pound and US Dollar (USD) Improves as ECB Fades to Sidelines
The euro exchange rate complex is forecast to see more positive trading conditions with the selling pressures that followed this month's interest rate cut at the European Central Bank (ECB) starting to fade away.