EUR/USD

The Euro-to-US Dollar is looking extremely bearish at the start of the new week as low inflation and political risk weigh on the Euro and the Dollar continues its run of good form.

Europe's central bankers will meet on Thursday to discuss their strategy for the future - what they say is likely to have a major impact on the single currency.

A widening difference in central bank strategy is expected to re-emerge as the primary driver for the EUR/USD, pushing it back down into the lower teens over the next six months, says Scandinavian lender SEB.

Eurozone manufacturing activity rose surprisingly sharply in October, according to Purchasing Manager survey data released on Tuesday.

The Euro has been a force to contend with in 2017, rising from rock-bottom lows of 1.06 up to its peak in the 1.21s but is it now a busted flush as some are saying or has it still got a joker to play?

The US Dollar rose over a third of a percent on Friday after US lawmakers approved a multi-trillion Dollar budget which gives Republicans the opportunity to rewrite the tax code, without a single Democrat vote.

The Euro will rise despite probable attempts by the European Central Bank (ECB's) to keep it down, says Société Générale's (SocGen's) Chief Global Strategist Kit Juckes, although other analysts don't agree.

The Euro-US Dollar is recovering after a move lower in the first half of October, but can the recovery survive and prosper back above 1.2000 or might political uncertainty push the Euro back down again?

There is a chance the Euro-to-US Dollar pair may be about to turn and move higher, says Forex.com’s Fawad Razaqzada.

The Euro-to-US Dollar could extend its short-term bearish bias if data from the US continues to favour more Dollar strength, whilst the Euro is vulnerable to a monetary policy U-turn by the European Central Bank (ECB).

Political machinations in Europe and labour data in the US are likely to be the primary drivers of the Euro to US Dollar pair in the coming week.

A rough sketch proposal of tax cuts - or 'reforms' - has been presented by the US adminstration, now analysts are estimating its expected impact on the Dollar.

 Italian Lender Unicredit have been taken by surprise by the rebound in the US Dollar, says the bank's Co-Head of Strategy Research & Head of FX Strategy Research, Dr. Vasileios Gkionakis.

The Euro-to-US Dollar rate could be pressured lower due to inefficiencies in the foreign exchange forward contract market, says Commerzbank analyst Ulrich Leuchtmann. 

EUR/USD will weaken and GBP/USD will follow it lower, forecasts Societe Generale's Chief Global FX Strategist, Kit Juckes.

The Dollar Index, which is the Dollar averaged against a trade weighted basket of counterparts has bounced strongly in recent weeks.

The Euro-to-US Dollar pair is stubbornly clinging onto the 1.2000 ledge despite attempts by Dollar bulls to unseat it; and the pair enters the new trading week in the midst of a still-intact if mature uptrend.

The Dollar rose a cent against the Euro after yesterday’s FOMC but those hoping for a reversal of the trend and a major recovery may be disappointed.