Technical studies suggest the EUR/USD conversion is liable to head lower while moves could be dictated by comments made in Sintra, Portugal this coming week.
June 17,2018
The Euro-to-Dollar rate has dimmed this week after the European Central Bank quashed market hopes of an initial Eurozone interest rate rise in June 2019, leading a long line of currency strategists to downgrade their forecasts for the single currency.
June 15,2018
The Euro slumped Thursday after the European Central Bank surprised markets by announcing an eagerly awaited end to its quantitative easing (QE) programme while quashing market hopes of an initial Eurozone interest rate rise in July 2019.
June 15,2018
The Euro-to-Dollar rate will be straight-jacketed this summer months due to lingering unease over the new Italian government's economic agenda although, according to strategists at J.P. Morgan, it can recover nicely later in 2018 once Italy's draft 2019 budget has been agreed with Brussels and European Central Bank ends its quantitative easing programme.
June 13,2018
The Euro has started the week stronger, rising against all of its developed world rivals, as Italian political risk melts away and markets anticipate a step change in European Central Bank monetary policy as soon as this Thursday.
June 11,2018
EUR/USD targets 1.1925 on next break of highs, but much will depend on the message delivered by the ECB and Federal Reserve when they deliver their latest policy assessments.
June 10,2018
EUR/USD has pushed above a key milestone on expectations that the European Central Bank will end its emergency stimulus programme.
June 7,2018
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