Analysts at investment bank Morgan Stanley have briefed clients that they forecasting the US dollar exchange rate (USD) complex to retain a solid footing going forward.

August 12,2014

Euro Rate Today: The EUR complex couldn’t catch a break mid-week as it fell to new nine-month lows against the US Dollar well below the $1.34 mark. However, in the final trading session of the week we see the EUR has caught a bid - even as equity markets continue their slump.

We predict that this bout of euro strength will be short-lived as there is no obvious reason for the price action.

On Thursday markets heaedp further pressure after European Central Bank (ECB) President Draghi struck a decidedly sombre tone in the press conference following the monthly interest rate decision.

August 8,2014

Above: Mario Draghi's press conference this week will be closely watched by FX markets.

Euro Rate Today: The euro exchange rate complex has come under increased pressure in the run up to the mid-week highlight that is the European Central Bank (ECB) interest rate decision.

August 7,2014

The euro exchange rate complex has been undermined by fresh statistics concerning inflation on the eve of a new month.

August 1,2014

As we enter the new month the EUR remains under pressure and forecasts point to 'more of the same' in most timeframes. However, we are noting some significant gains againt the pound sterling (GBP) after a much-watched economic data release came in below expectations.

Meanwhile, an underlying negative tone to the shared currency comes as the US Dollar retains the favour of traders thanks to ongoing positive economic data releases in the United States.

August 1,2014

The pound euro exchange rate (GBP/EUR) is seen trading under pressure as currency markets head through the final session of the trading month.

Analysts are pointing out that the Euro will be the main beneficiary of month-end rebalancing flows.

July 31,2014