For the euro exchange rate family it would seem nothing that happens on mainland Europe is of consequence at the moment.
That is because all eyes are fixated on the US and the dollar - a renewed USD rally appears to be sucking the life out of the Euro at present.
July 30,2014
The euro exchange rate (EUR) complex continues to trade under pressure against a broadly stronger US dollar which is seen benefiting from rising US interest rate expectations.
These expectations were bolstered in the mid-week session with the release of positive US GDP data for the second quarter. The economy grew at a blinding 4%, well ahead of the expected 3%.
July 30,2014
The euro exchange rate complex has come under pressure as a broad-based US dollar rally continues to shape up; we see this as falling in line with those views predicting a US dollar rally through the latter half of 2014.
July 25,2014
The British pound (GBP) has entered a period of softness despite the UK economy continuing to outperform its Eurozone rivals.
For now we see direction in EUR/GBP turning positive as markets book profits on what has been a strong run for the pound - nothing ever runs in a straight line!
January 2,2015
The pound to euro exchange rate rally (GBP/EUR) has offered euro-buyers the best levels in 2 years with a best of 1.27 being achieved this week.
However, those hoping for even better rates may be forced to wait a while longer as signs grow that the rally may be capped at current levels.
July 24,2014
Forecasts for the euro exchange rate complex show the potential for further declines with losses against both the pound sterling and US dollar possible.
July 24,2014
The best pound euro exchange rate of 2014 was achieved this week, however on Thursday and Friday we are seeing the Euro advance in a relief rally and the GBP coming under selling pressure.
July 18,2014
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