The technical outlook for the Euro against the Dollar is marginally bearish however this week's price action could well take a cue from U.S. President Donald Trump's guidance on whether or not he will seek to hike tariffs on EU car imports.
February 17,2019
The Euro-to-Dollar rate weakend Friday and the U.S. greenback advanced broadly as financial markets kept one eye on the White House while responding to official data that showed Eurozone exports shrinking in December.
February 15,2019
The Euro drew a supportive bid from the market in mid-morning trading Thursday after official data showed the single currency block dodging a downgrade of earlier estimates of GDP growth and the German economy avoiding recession in the final quarter last year.
February 14,2019
The Euro-to-Dollar rate fell Wednesday after official data revealed a steeper-than-anticipated slump in Eurozone industrial production took place in December, leading analysts to warn that estimates of GDP growth for some countries could be downgraded on Thursday.
February 13,2019
The decline in EUR/USD this week to multi-month lows has set tongues wagging in technical circles as analysts eye significant support levels in the local surrounds which could ultimately thwart further declines and trigger a recovery.
February 13,2019
Technical considerations will be of partiular importance for the EUR/USD exchange rate over coming days now that a substanitlal region of support is looming on the horizon.
February 10,2019
The Euro-to-Dollar rate has further to fall, according to the latest forecasts from BMO Capital Markets, as a multitude of economic and political factors will conspire to push the single currency to new 2019 lows during the months ahead.
February 8,2019
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