Technically speaking, EUR/USD's trend remains unclear but a break below 1.1589 could be key for resumption of downtrend. The main release for the Euro is trade data; for the US Dollar Fed chairman Powell's testimony takes centre stage
July 15,2018
The Euro is seen rising substantially versus the Dollar over the next 2 years suggest strategists at JP Morgan and Investec.
July 11,2018
Cycle analysis indicates a short-term bias higher with a target at 1.1850 seen in the crosshairs. But there remains a risk of final drive lower after that.
July 10,2018
A rise in momentum to levels not seen since April suggests more upside for EUR/USD.
July 9,2018
The Euro-to-Dollar rate's recovery meets overhead resistance in the 1.17s which it needs to break clear for confirmation of a continuation of the rebound. The main calendar event for the Euro is the minutes of the June central bank meeting; for the Dollar inflation data will be a priority.
July 8,2018
The Euro-to-Dollar outlook has darkened in recent weeks, according to the latest forecasts from strategists at Bank of America Merrill Lynch, who are arguing the exchange rate will set new lows this summer and that its susbequent recovery will be shallower than many expect.
July 5,2018
Foreign exchange strategists are warning the Euro-to-Dollar exchange rate will likely remain under pressure over coming weeks, despite easing of political risks in the Eurozone.
July 5,2018
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