The Euro was steady Tuesday even after the influential ZEW sentiment index fell to its lowest level since December 2011, but economic figures emerging from the continental economy are increasingly vindicating those analysts who've issued bearish forecasts for the single currency in recent weeks.
August 13,2019
The Euro was sold at the beginning of the new week as the Dollar rebounded from earlier losses although analysts at Nordea Markets and Westpac are saying the single currency could fall a lot further over the coming weeks and months.
August 12,2019
The EUR/USD exchange rate is seen going sideways after steep recovery, this is likely to be a precursor to more upside.
August 12,2019
The Euro was trading with a firm tone Friday despite a deteriorating environment for so-called risk assets but it's at risk from fresh losses in the weeks ahead, according to new downgraded forecasts from analysts at Commerzbank, who say the European Central Bank will send the single currency lower in September.
August 9,2019
A growing number of disaffected states are strategically trying to reduce their reliance on the U.S. Dollar for routine international transactions, using the Euro or local currencies instead. This trend may explain the common currency’s unexpected resilience in the face of considerable headwinds in 2019.
August 9,2019
History tells us that the EUR/USD pair usually rises when both the U.S. and Eurozone central banks cut their interest rates, according to Marshall Gittler at BDSwiss, who says the exchange rate should rise this summer.
August 8,2019
The Euro advanced against a weaker Dollar Wednesday but those gains will soon give way to fresh losses, according to strategists at BMO Capital Markets, who say the single currency will be buffeted in the months ahead by European Central Bank (ECB) monetary policy and the Eurozone's "rising cost of survival".
August 8,2019
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