The Euro was fighting to hold above the 1.13 handle against the Dollar Tuesday after retreating further from June highs in the new week as an increase in U.S. tariffs on European Union goods served as a reminder for the market of the risks posed to the single currency by President Donald Trump's trade policies.
July 2,2019
Studies of the Euro-Dollar charts suggest the exchange rate will probably rise in the days to come.
June 30,2019
The Euro rebounded Friday after official data revealed a surprisingly strong pickup in inflation for the month of June, although some economists doubt it will be enough to avert more monetary stimulus from the European Central Bank (ECB), which is expected to cut interest rates and restart its quantitative easing program this summer.
June 28,2019
“Domestic Europe has had no impact whatsoever, over the course of the last couple of weeks on the Euro’s performance. Hence we are seeing it really start to accelerate away. It is almost ‘the neutral’” - Simon Derrick @ BNY Mellon.
June 27,2019
Euro-Dollar has closed above the 200-day Moving Average at 1.1348 for the last three days, and this indicates it has probably broken clearly above it and advocates for further gains.
June 27,2019
The Euro-Dollar rate can rise further throughout the summer of 2019 as market pessimism about the Federal Reserve interest rate outlook reaches fever pitch, according to forecasts from Barclays, although the bank says the single currency could face steep losses in 2020 and beyond.
June 25,2019
The Euro was on its front foot at the start of the new week, aided by a continued weakening of the U.S. Dollar, although the outlook for the single currency continues to divide opinion among analysts with some forecasting it to hit new lows later this year as others look for a steep recovery.
June 24,2019
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