Short-term direction in EUR/USD is forecast to be choppy, however, the broader outlook remains consistent with further declines in the Euro.

May 6,2019

The Euro-to-Dollar rate slipped lower Friday even in spite of official data revealing a sharp increase in both of the Eurozone's key measures of inflation, although the decline might have more to do with a U.S. greenback that appears to be rising from an early grave ahead of April's nonfarm payrolls report due out at 13:30.

May 3,2019

The Euro was treading water with a steady U.S. Dollar Thursday but the outlook has clouded of late, and is dividing analysts in their forecasts, many of whom are attempting to gauge whether a new "bottom" has been set that could now act as support for exchange rate. 

May 2,2019

The Euro-Dollar exchange rate has recorded three consecutive days of advance, suggesting a possibility that the Euro is “putting together another recovery,” says Richard Perry, a market analyst at Hantec Markets.

May 1,2019

The Euro advanced steadily against most rivals Tuesday after official data revealed a faster than anticipated pickup in the Eurozone economy during the first quarter, encouraging speculation suggesting the worst of continental economic slowdown is now in the past. 

April 30,2019

The Euro is a buy this week ahead of the publication of first-quarter GDP data, according to analysts at Societe Generale, who are saying pessimism about the outlook for the single currency has gone far enough just as colleagues elsewhere in the industry are abandoning earlier bets on the Euro-to-Dollar rate. 

April 29,2019