The Euro was trading on its front foot against major rivals during the morning session Friday amid a broad rally in risk assets but the single currency may effectively have been condemned to trading near the bottom of its new and lower range by a deteriorating economic outlook that's put the European Central Bank (ECB) in a bind.
September 6,2019
The Euro is rebounding against the U.S. Dollar, helped in part by a growing view that the ECB might prove less ambitous than markets were expecting when they announce additional monetary stimulus at their September meeting.
September 5,2019
The Euro was on it front foot Wednesday as the Dollar weakened and investors celebrated a decision by one of Italys anti-establishment parties to enter coalition with its antithesis, averting the need for a general election, but analyst commentary suggests the outlook for the single currency remains bleak.
September 5,2019
The Euro is under pressure against the Dollar, and our studies of the charts are showing the short-term trend is bearish and given the old adage ‘the trend is your friend’ it is likely, therefore, to extend.
September 1,2019
The Euro ceded ground to the Dollar and other rivals Thursday even after Italian political parties struck an agreement that averts a market-unfriendly general election, although analysts say this "noise" is not enough to offset more signicant concerns about the U.S.-China trade war and European Central Bank (ECB) interest rate policy.
August 29,2019
The Euro advanced against the Dollar and other rivals Tuesday even after official data confirmed the German economy is at risk of falling into recession, although the resilience of the single currency could increasingly be becoming a headache that eventually sees the European Central Bank (ECB) attempt to push it lower.
August 27,2019
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