The Euro is likely to be a bigger beneficiary of a nascent economic recovery in Asia than the U.S. Dollar, according to analysts at Nordea Markets, who have said for this reason that clients of the Nordic bank should consider betting on a rise in the Euro-to-Dollar rate.
April 15,2019
Our week ahead forecast for the Euro-Dollar exchange rate suggests the near-term outlook is constructive from a technical perspective, however movement in the currency pair could well be dictated by overall global investor appetite and a series of important economic data releases out of the Eurozone.
April 15,2019
The Euro advanced against rivals Friday when official data appeared to suggest the first-quarter industrial downturn may have been shallower than markets had previously thought and after Chinese economic figures surprised on the upside.
April 12,2019
The Euro fell during noon trading Wednesday after the European Central Bank (ECB) said the Eurozone economy is likely to have slowed further in New Year and warned that inflation could fall even further than it has already over the coming months.
April 10,2019
The Euro has a tough few months ahead of it regardless of whose forecasts you look at but analysts are now diverging in their projections for the single currency at year-end which, almos as if on cue, could be a sign that the bullish 2019 consensus is beginning to crumble.
April 9,2019
Analysts at Wall Street's Goldman Sachs say they maintain the view the Euro will rally back towards the 1.20s over coming months, but a note to clients out ahead of the new week suggests the call does not enjoy the conviction it might once have commanded.
April 8,2019
Euro-to-Dollar exchange rate outlook suggests further weakness in line with established downward-sloping channel.
April 7,2019
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