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Dreading Draghi, But These 3 ECB Drivers Could Drive The Euro Higher
Thursday, March 7, 2019 - 10:30am | 674Read More...EUR/USD is trading in familiar ranges around 1.1300. All eyes are on the ECB decision and the lower forecasts. The technical picture remains bearish for the pair. EUR/USD is hugging the 1.1300 level once again, trading in a narrow range as tension mounts ahead of the all-important decision by the...
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King Dollar Dominates While EUR/USD Is Licking Its Wounds
Wednesday, March 6, 2019 - 11:48am | 566Read More...EUR/USD battles 1.1300 as the US Dollar dominates the scene. The ADP NFP stands out as tensions mount towards the ECB decision. The technical picture remains bearish for the pair. EUR/USD is "hugging" the round number of 1.1300, marginally down on the day. The US Dollar gained...
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Make Or Break At The Double-Top On EUR/USD As All Eyes Are On Powell
Tuesday, February 26, 2019 - 11:04am | 532Read More...EUR/USD is trading a bit higher within the narrow ranges. All eyes are on Fed Chair Jerome Powell's testimony. The double-top at 1.1372 is the key to the upside. EUR/USD is trading around 1.1350, in a slightly higher range than on Monday. Markets are focused on the upcoming testimony by Fed...
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Euro Dollar Forecast: Fundamentals Pointing To Further Falls, But A Correction May Be Overdue
Thursday, February 7, 2019 - 12:17pm | 532Read More...EUR/USD extends its gradual decline on a growing fundamental divergence. Updated EU Forecasts are in the limelight, and also US jobless claims are of interest. The four-hour chart shows oversold conditions, implying a bounce. Euro dollar is trading close to 1.1350, in a slow yet persistent grind...
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EUR/USD Forecast: Euro Oscillates Around 1.1400 As Markets Price Out ECB Rate Hike Chances In 2019
Friday, January 18, 2019 - 12:03pm | 320Read More...Euro trade around 1.1400 for the third day in a row as sideways trend prevails. Deteriorating Eurozone data saw ECB President Draghi acknowledging the economic slowdown. The EUR/USD is trading little changed at around 1.1400 for the third day in a row as the sideways trend prevails on the market...
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EUR/USD Forecast: Sideways Trend Is Destiny For The Euro
Thursday, January 17, 2019 - 11:45am | 381Read More...Amid lack of macro drivers, the message from the ECB President Draghi about recent economic developments being weaker weighs on Euro. The sideways trend on EUR/USD is prevailing as currency pair remains below the short-term triangle structure. The Eurozone inflation is expected to follow Germany...
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EUR/USD Forecast: Euro breaks out from triangle structure on the downside
Tuesday, January 15, 2019 - 10:54am | 530Read More...While the broader sideways trend on EUR/USD is prevailing, the short-term breakout from the triangle structure indicates further US Dollar strength. The Federal Reserve’s vice chairman Clarida repeated the language of Fed being “very patient” on rates as it will assess the...
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EURUSD Forecast: Euro Is Treading Water In Mid-1.1400s
Monday, January 14, 2019 - 11:18am | 349Read More...The EUR/USD is trading little changed at around mid-1.1400s as the risk off sentiment prevails. The EUR/USD is in the consolidation phase after the US Federal Reserve officials opted for the p[atient outlook for rates. China’s sharp deterioration in exports and imports spurs the risk-off...
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EUR/USD Forecast: Rises With the Italian Relief but the Doves May Still Cry
Wednesday, December 19, 2018 - 12:54pm | 377Read More...EUR/USD extends its gains on news that Italy will not be punished. Hopes for a dovish Fed hike also help. The technical picture has turned positive for the pair. EUR/USD is rising above 1.1400, setting the highest levels in a week. It is uncommon to see significant moves ahead of the Fed...
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EUR/USD Forecast: Unconvincing Recovery as the Focus Shifts to the Fed
Monday, December 17, 2018 - 3:05pm | 588Read More...EUR/USD is trading above 1.1300, edging up from the lows. Progress with Italy and tension ahead of the Fed are behind the limited move. The technical picture is not that promising. EUR/USD is extending its gains from late on Friday, but not going anywhere fast. The Italian coalition leaders Matteo...
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How A Stronger Dollar Impacts The US Economy
Tuesday, October 16, 2018 - 4:28pm | 1287Read More...The U.S. Dollar Index, which measures the value of the U.S. dollar against a basket of foreign currencies, has gained about 3.2 percent year-to-date through Oct. 11. This is where the greenback stands year-to-date against other major currencies: Euro: +3.4 percent Pound: +2.1 percent...
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What The Experts Are Saying About Italy's Chaos
Tuesday, May 29, 2018 - 2:30pm | 640Read More...U.S. stocks were hit hard Tuesday, partly due to political turmoil in Italy as the country's President Sergio Mattarella rejected an economic ministry nominee who holds a "euroskeptic" stance. Cramer: Italy Needs A 'Transformation' Italy's economy and political system is...
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Italy's Political Volatility: What You Need To Know
Tuesday, May 29, 2018 - 9:03am | 366Read More...Italian President Sergio Mattarella rejected an economic ministry nominee Sunday who would have laid groundwork for a euroskeptic government and struck at the stability of the euro. The threat of Italy’s withdrawal from the euro is not yet neutralized, though. Why It’s Important...
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A Europe ETF Right For The Times
Monday, February 26, 2018 - 2:27pm | 457Read More...A weak euro and exporters kickstarted the recovery in European stocks and the related exchange-traded funds. With that recovery forecast to continue gaining momentum this year, the time could be right for investors to employ a more internal, cyclical focus. The WisdomTree Europe Domestic Economy...
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Here's Why The Euro Is On Fire
Tuesday, August 29, 2017 - 1:12pm | 315Read More...The euro has traded below $1.20 versus the U.S. dollar since January 2015 — that is, until Tuesday. The shared European currency has now gained more than 14 percent against the U.S. dollar since the start of 2017 but has many investors questioning where the strength is coming from. The...
