The Euro dropped temporarily after the European Central Bank announced it would be making billions of Euros available to Eurozone banks at cheap rates to try and reinvigorate lending to the economy.
March 7,2019
Foreign exchange market focus is likely to turn to the European Central Bank (ECB) today where traders will be looking for any significant shift in policy that might impact the value of the Euro.
March 7,2019
The Euro underperformed most G10 rivals in a risk-on market Monday as investors responded to report from The Wall Street Journal claiming negotiators are close to reaching a deal that ends the U.S.-China trade war, but the single currency could be damned if the talks succeed and damned if they don't.
March 4,2019
A tough level of resistance lies in the way of the EUR/USD exchange rate's gentle short-term rally and we would not expect a major move until the meeting of the European Central Bank is concluded.
March 3,2019
The Euro bit its thumb at Eurostat's estimates of Eurozone inflation in February this Friday, rising against the Dollar after official data showed core consumer prices retreating again last month.
March 1,2019
One explanation for the Euro’s surprising resilience in the face of disappointing data is that it has been supported by continued strong interest from bond investors keen to put their money to work in the Eurozone.
February 27,2019
The Euro will stay surprisingly strong despite the deceleration in Euro-area growth and the risk of a U-turn by the European Central Bank from their plans to normalise crisis-era policy settings, according to Citibank.
February 26,2019
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