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euro dollar rate forecast
EURUSD Fails to Test 2019 Low, RSI Flashes Bullish Signal After ECB

EURUSD Fails to Test 2019 Low, RSI Flashes Bullish Signal After ECB

EURUSD fails to test the 2019-low (1.0926) following the ECB meeting, with the Relative Strength Index (RSI) breaking out of the bearish formation carried over from June.

2019-09-13
EURUSD Rate Rebound Unravels as Attention Turns to ECB Meeting

EURUSD Rate Rebound Unravels as Attention Turns to ECB Meeting

EURUSD gives back the rebound from earlier this month, with the Euro at risk of exhibiting a more bearish behavior as the ECB is expected to deliver a rate cut.

2019-09-12
EURUSD Forecast: Monthly Opening Range on Radar Ahead of ECB Meeting

EURUSD Forecast: Monthly Opening Range on Radar Ahead of ECB Meeting

EURUSD holds the monthly opening range ahead of the ECB meeting, but fresh updates from the Governing Council are likely to alter the near-term outlook for the Euro.

2019-09-10
EURUSD Rate Reverses Ahead of Monthly-Low Following Fed Symposium

EURUSD Rate Reverses Ahead of Monthly-Low Following Fed Symposium

EURUSD reverses course following the Fed Economic Symposium, with the failed attempt to test the August-low (1.1027) raising the scope for a larger rebound.

2019-08-26
EURUSD Rate Eyes Monthly-Low as Germany Warns of Economic Slump

EURUSD Rate Eyes Monthly-Low as Germany Warns of Economic Slump

EURUSD extends the decline from the previous week and approaches the monthly-low (1.1027) as the Bundesbank, Germanys central bank, warns of an economic “slump.”

2019-08-20
EURUSD Rebound Unravels as Fed Tames Bets for Rate Easing Cycle

EURUSD Rebound Unravels as Fed Tames Bets for Rate Easing Cycle

EURUSD may continue to consolidate over the coming days as the Federal Open Market Committee (FOMC) tames speculation for a rate easing cycle.

2019-08-15
EURUSD Searches for Support as Fed Tames Bets for Rate Easing Cycle

EURUSD Searches for Support as Fed Tames Bets for Rate Easing Cycle

EURUSD searches for support ahead of the US Non-Farm Payrolls (NFP) report as the Federal Reserve tames speculation for a rate easing cycle.

2019-08-01
Post-ECB EURUSD Rate Outlook Hinges on FOMC Forward Guidance

Post-ECB EURUSD Rate Outlook Hinges on FOMC Forward Guidance

The Federal Reserve interest rate decision may fuel a more meaningful rebound in EURUSD as the central bank is widely expected to alter the path for monetary policy.

2019-07-29
Dovish ECB Meeting Minutes to Rattle EURUSD Rate Rebound

Dovish ECB Meeting Minutes to Rattle EURUSD Rate Rebound

Fresh developments coming out of the Euro area may rattle the recent rebound in EURUSD if the ECB shows a greater willingness to implement more non-standard measures.

2019-07-11
EURUSD Vulnerable to Larger Pullback on Strong US Job/Wage Growth

EURUSD Vulnerable to Larger Pullback on Strong US Job/Wage Growth

Updates to the US Non-Farm Payrolls (NFP) report may keep EURUSD under pressure as the economy is anticipated to add 160K jobs in June.

2019-07-05
Upbeat German Unemployment Report to Curb EURUSD Losses

Upbeat German Unemployment Report to Curb EURUSD Losses

Fresh data prints coming out of the Euro area may curb the recent decline in EURUSD as German Unemployment is expected to hold flat in June.

2019-07-01
Dwindling German IFO Business Climate Survey to Rattle EURUSD Rally

Dwindling German IFO Business Climate Survey to Rattle EURUSD Rally

Updates to Germanys IFO Business Climate survey may rattle the recent rally in EURUSD as the index is expected to narrow for the third consecutive month in June.

2019-06-24
EURUSD Rate Breakout Undermined by Dovish ECB Forward Guidance

EURUSD Rate Breakout Undermined by Dovish ECB Forward Guidance

EURUSD struggles to hold its ground ahead of the Fed rate decision as ECB President Mario Draghi endorses a dovish forward-guidance for monetary policy.

2019-06-19
EURUSD Rate Consolidates Ahead of ECB Amid Failure to Test April-Low

EURUSD Rate Consolidates Ahead of ECB Amid Failure to Test April-Low

EUR/USD fails to test the May-low (1.1107) ahead of the ECB meeting on June 6, with the exchange rate snapping the series of lower highs and lows from the previous week.

2019-06-03
EURUSD Monthly Open Range in Focus Ahead of Germany GDP Report

EURUSD Monthly Open Range in Focus Ahead of Germany GDP Report

Germanys Gross Domestic Product (GDP) report may spark a bullish reaction in EUR/USD as the updates are anticipated to show a pickup in economic activity.

2019-05-15
EUR/USD Rate to Hold 2019 Range on Another Dismal NFP Report

EUR/USD Rate to Hold 2019 Range on Another Dismal NFP Report

Another below-forecast NFP print may spark a short-term rebound in EUR/USD as it puts pressure on the Federal Reserve to reverse the four rate-hikes from 2018.

2019-04-05
EUR/USD Fails to Test 2019-Low as U.S. Durable Goods Orders Disappoint

EUR/USD Fails to Test 2019-Low as U.S. Durable Goods Orders Disappoint

EUR/USD fails to test the 2019-low (1.1176) following the U.S. Durable Goods Orders report, with the exchange rate still tracking the range from the previous month.

2019-04-02
EUR/USD Rate Vulnerable to Further Losses on Sticky U.S. Core PCE

EUR/USD Rate Vulnerable to Further Losses on Sticky U.S. Core PCE

Updates to the US Core Personal Consumption Expenditure (PCE) may keep EUR/USD under pressure as the gauge for inflation is anticipated to hold steady at 1.9% in January.

2019-03-29
FOMC Preview: EUR/USD to Eye Monthly-High on Dovish Forward-Guidance

FOMC Preview: EUR/USD to Eye Monthly-High on Dovish Forward-Guidance

A material shift in the Federal Reserves forward-guidance may fuel the recent advance in EUR/USD if the FOMC shows a greater willingness to abandon the hiking-cycle.

2019-03-20
EUR/USD Rate Risks Larger Rebound as U.S. GDP Forecast Deteriorates

EUR/USD Rate Risks Larger Rebound as U.S. GDP Forecast Deteriorates

EUR/USD continues to retrace the sharp selloff following the European Central Bank (ECB) meeting as U.S. data prints point to a slowing a economy.

2019-03-12

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