The Euro underperformed most major rivals Tuesday after being left behind by investors in a global hunt for yield as uber low interest rates and fresh signs of economic divergence between the Eurozone and U.S. economies tempered appetite for the single currency.
February 5,2020
The Euro rose sharply on Friday amid a big crash and bang in emerging market currencies, although the charts suggest further gains are in store for the new week while continued coronavirus-related fallout in the developing world could also continue to lift Europe's unified unit.
February 2,2020
The Euro-to-Dollar rate's narrow multi-month range remains intact but the single currency was risking on Friday another test of its lower boundary as fresh signs of economic divergence between the Eurozone and U.S. weighed in a risk-off market that's riddled with coronovirus concerns.
January 31,2020
The Euro continued to test the bottom of a multi-month range ahead of the Federal Reserve (Fed) interest rate decision on Wednesday and is tipped to remain "directionless" no matter what the bank does this evening, although coronavirus concerns are increasingly threatening a breakout to the downside.
January 29,2020
The Euro now risks a breakout to the downside from a narrow multi-month range against the Dollar even if the Federal Reserve (Fed) extends the single currency and others a lifeline with a possibly 'dovish' policy statement on Wednesday.
January 29,2020
The Euro was among the worst performing major currencies last week as investors favoured either higher-yielding or safe-haven assets throughout, although it's now near key support levels on the charts while economic figures due over the coming days could offer the single currency some upside.
January 26,2020
The Euro-Dollar rate declined as the single currency ceded ground to all major rivals Friday even after IHS Markit PMI surveys revealed further signs of 'greenshoots' in the German manufacturing sector, as investors appeared chase anything other than European currencies.
January 24,2020
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