The Euro-to-Dollar rate is to begin trading around 1.1324 Sunday after rising one cent in the previous week, although with the market price having fallen below a key moving-average of late, the outlook is an uncertain one for the days ahead.
March 17,2019
Europe's single currency is on course for large gains this year, according to analysts at Bank of America and Morgan Stanley, who say they're anticipating a 2019 demise of the U.S. Dollar rally that has the kept the euro on its back foot for the last 12 months.
March 15,2019
The Euro-to-Dollar rate slipped lower Thursday after President Donald Trump threatened the European Union with "severe" trade tariffs and economic pain, although there is still scope for the tussle between Brussels and Washington to become a more of a pressing concern for the single currency in the weeks ahead.
March 14,2019
The Euro scored a modest gain over a softer Dollar on Monday but it faces a tough few quarters ahead, according to analysts at Rabobank and Commerzbank, who say the European Central Bank's (ECB) recent change of interest rate guidance has undermined the outlook for the single currency.
March 12,2019
The outlook for the single-currency against the U.S. Dollar is bearish and a break below the 1.1176 Thursday low would be ideal for confirmation of an extension down to a target at 1.1110.
March 10,2019
The Euro is now facing a year of moribund price action that will see January's highs act as a ceiling over the coming quarters, according to the latest forecasts from Danske Bank, after the European Cenral Bank (ECB) effecitively turned off the music and cut the chord on Thursday.
March 8,2019
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