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The Euro advanced against a retreating Dollar Thursday after European Central Bank (ECB) board member Benoit Coeure downplayed a recent increase in market fears over the outlook for the Eurozone economy, private sector forecasters are increasingly warning of trouble ahead.
July 11,2019
The Euro softened Wednesday and is set to go on declining into year-end, according to forecasts from Barclays, which were downgraded this week in response to an improving outlook for the U.S. economy.
July 9,2019
The Euro-to-Dollar rate is trading around 1.1224 at the start of the new trading week, after falling 1.25% from the week before. Studies of the charts suggest the exchange rate may now be poised to fall even further over the coming 5 days.
July 7,2019
The Euro was sold by central bankers in the first-quarter of this year despite it declining to bargain levels according to analysts at global banking giant MUFG, who say the single currency is likely to remain in a narrow range against the Dollar this week.
July 5,2019
The weakening of the Euro after the G20 Summit, and subsequent announcement of Christine Lagarde as the next President of the ECB, is unlikely to extend suggest the charts.
July 3,2019
The Euro was fighting to hold above the 1.13 handle against the Dollar Tuesday after retreating further from June highs in the new week as an increase in U.S. tariffs on European Union goods served as a reminder for the market of the risks posed to the single currency by President Donald Trump's trade policies.
July 2,2019
Studies of the Euro-Dollar charts suggest the exchange rate will probably rise in the days to come.
June 30,2019
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