The technical outlook is marginally bullish after the pair pivoted higher following a false break below the lower border of a long-term channel, however the pair will be subject to some volatility over coming days as a slew of important U.S. economic readings are released.
February 24,2019
The Euro was left treading water Friday after a series of statistics showed the German economy on life support early in the New Year while inflation data confirmed that Eurozone consumer price pressures are going nowhere fast, which is a twin headache for the European Central Bank (ECB).
February 22,2019
The Euro exchange rate complex was put on the back-foot on Thursday, February 21 after Eurozone-wide activity data for February showed the area's economy continues to be weighed down by an under-performing manufacturing sector.
February 22,2019
The Euro was on its back foot in the face of a strong U.S. Dollar and more negative economic reports Thursday, which continue to undermine the market's appetite for the single currency.
February 20,2019
The Euro slipped during early trading Tuesday after official data revealed a surprisingly sharp fall in real world demand for the single currency during December of last year.
February 20,2019
Foreign exchange strategists at two prominent European investment banks are eyeing imminent downside in the Euro-to-Dollar exchange rate, saying downside risks are manifesting for the single-currency.
February 19,2019
The Euro is in danger of seeing fresh weakness against the Dollar during the coming weeks as markets wait to hear whether the White House will go ahead and impose tariffs on European exports of cars to the U.S., analysts say.
February 18,2019
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