The Euro stabilised Thursday after taking a knock in the previous session when President Donald Trump appeared to suggest he might use economic sanctions in order to prevent Germany from constructing a controversial gas pipeline between it and Russia.
June 13,2019
The Euro-to-Dollar rate may have formed a major bottom on the charts from which it would be likely to reverse and trend higher, according to analysts at Faraday Research, who're telling clients the down-move in the exchange rate could now be over.
June 12,2019
The Euro has gained more than half a percent against the Dollar in the last week and is increasingly tipped to benefit from a decline of the U.S. greenback but any steep recovery would only serve to invite European Central Bank (ECB) intervention according to Pantheon Macroeconomics, which might then undermine the single currency.
June 11,2019
The Euro has completed the formation of a technical pattern on the charts that brings a year-long downward lurch and puts a potential gain of more than six percent in the cards for the months ahead, although the recovery might be slowmoving to begin with, according to technical analysts at Commerzbank.
June 10,2019
The EUR has been strong against the USD of late, but there is a chance the short-term rally could struggle to make further progress in the coming week.
June 9,2019
The Euro saw its second consecutive session of gains the helped it to a three-month high Friday but it still has further to climb according to the latest forecasts from Commerzbank, which have been downgraded but still imply notable gains for the single currency before the year is out.
June 7,2019
The Euro surged Thursday after the European Central Bank (ECB) appeared to signal that it's not quite as downbeat about the Eurozone economic outlook as markets had come to believe it might be, although some analysts say it's premature for investors to chase the currency higher.
June 7,2019
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