From a technical perspective, there is a relatively strong possibility we may be witnessing a major bottom in the pair.
May 27,2019
According to analysts at Scotiabank downside momentum in EUR/USD is lapsing and the pair is unlikely to slide much deeper.
May 23,2019
The Euro was close to the bottom of the G10 pack Thursday following another disappointing round of IHS Markit PMI surveys and as markets braced for the outcome of European parliament elections that are now running until Sunday.
May 24,2019
The Euro-to-Dollar rate has scope to rise significantly before the year is out but such gains would be unlikely if the Brexit process was to drive another steep fall in the value of Pound Sterling, according to Societe Generale.
May 21,2019
The Euro was trading higher against a soft Dollar and range of other rivals Monday but the downmove in the Euro-to-Dollar rate is not yet over, according to analysts at HSBC, who say the trend for the currency will remain to the downside over the coming months.
May 21,2019
The EUR/USD has reversed its previous short-term trend and is falling within a medium-term bearish channel.
May 20,2019
The Euro ceded ground to a resurgent Dollar Thursday but could have a way further to fall over the coming months, according to the latest strategy note from analysts at Deutsche Bank, who advocate betting against the single currency through the summer months.
May 17,2019
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