The Euro ceded ground to a resurgent Dollar Friday but the single currency is in line for even more losses in the months ahead, according to multiple analysts, who're re-examining their forecasts after the European Central Bank (ECB) suggested a fresh program of interest rate cuts and quantitative easing (QE) is on the way.
July 26,2019
The risk of a recession in Germany by the end of the third-quarter 2019 grew following the release of German ifo data for July.
July 25,2019
The Euro was in retreat from a steady Dollar and stronger Pound Wednesday after IHS Markit surveys for July pointed to a renewed economic slowdown in the third-quarter, prompting calls for the European Central Bank (ECB) to support the economy with interest rate cuts and more quantitative easing as soon as this Thursday.
July 24,2019
The Euro-to-Dollar rate is set to begin trading around 1.1220 at the start of the new week after gaining half a percent by last Friday's close, although studies of the charts argue for more range-bound trading from the single currency in the days ahead.
July 21,2019
The Euro will probably rise against the U.S. Dollar in Q3 but its rise will be short-lived and it could fall towards year-end and into 2020 say analysts at Nordea Bank.
July 18,2019
The Euro was on its back foot Thursday after Bloomberg News reported the European Central Bank (ECB) has come to view its inflation target as too "rigid" and that discussions about altering it are underway, which could ultimately see Eurozone interest rates move lower for even longer than previously thought.
July 18,2019
The Euro stabilised at the bottom of its recent trading range Wednesday but the threat of a break to the downside has grown this month, according to technical strategists at J.P. Morgan, and BMO Capital Markets has warned that central bank decisions at the end of July could result in fireworks.
July 17,2019
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