Matteo Salvini

The Euro is likely to struggle to gain meaningful upside traction in the near-term as Italian political risks appear to be flaring up once more.

May 16,2019

 Car tariffs delayed

The Euro went higher in mid-week trade on reports the U.S. will delay its "Section 232" tariffs on autos and parts for up to six months, and if officially confirmed the news could put a floor beneath the under-pressure Euro we are told.

May 15,2019

The Euro was languishing at a one-week low Wednesday after official figures confirming a pickup in the economy during the first-quarter failed to inspire a bid for the single currency, with the data coming as major banks continue to downgrade their EUR/USD forecasts.

May 15,2019

The Euro held gains over major rivals Tuesday as risk assets rebounded in response to a milder-than-expected Chinese response to President Donald Trump's trade tariffs, but the latest ZEW survey has suggested strongly that both German and Eurozone recoveries are at risk of being snuffed out by the trade war.

May 14,2019

 The Euro was one of only three G10 currencies to best the Dollar on Monday but observers risk being fooled by its strength because Goldman Sachs has told clients to keep selling the single currency, arguing that President Donald Trump's second major offensive in the so-called trade war with China will soon hurt it.

May 14,2019


The Euro-to-Dollar rate is set to begin trading around 1.1232 Sunday after rising by a quarter of a percent during the previous week, although studies of the charts suggest further upside may be increasingly difficult for the single currency to attain over the coming days.  

May 12,2019

The Euro is on the verge of a fresh retreat back toward May's 22-month low amid signs the U.S.-China 'trade war' could be about to erupt again but analysts at Bank of Amercia have told their clients to 'buy the dip', suggesting some in the market think losses may not last for long. 

May 10,2019

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