The Euro ceded further ground to the Dollar Tuesday as markets remain in dismay at the latest developments in the Italian budget saga, but another political headache awaits the single currency once into next week.
October 9,2018
The EUR/USD exchange rate is likely to "have a downside tilt" for the next month or so, according to analysts at Nordea Bank; but from the middle of November, it is tipped to recover.
October 9,2018
The Euro outlook may have dimmed a touch further Monday after official data revealed a surprise fall in German industrial production during August, which has placed a question mark over the likely pace of growth in the Eurozone's largest economy during the third-quarter and for the year overall.
October 8,2018
The Euro-Dollar exchange rate is showing a marginal bias for more downside and charts suggest a recent downtrend could extend to 1.1400. However, much will depend on the outcome of U.S. inflation data and the details of the minutes of the ECB's most recent policy meeting.
October 7,2018
The Euro fell back to its September lows against the Dollar Thursday after Federal Reserve (Fed) chairman Jerome Powell appeared to hint interest rates could rise higher than many give the central bank credit for.
October 4,2018
The Euro is under pressure against the U.S. Dollar with EUR/USD trading at 1.1514 having began the week in the 1.1570s. Technical analysts give us their potential targets for the exchange rate.
October 2,2018
The Euro still faces a turbulent few weeks ahead as the Italian budget saga draws to a close but beyond this period, risks for the Euro-to-Dollar rate are tilted toward the upside into year-end, according to analysts at Credit Agricole.
October 1,2018
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