Euro Forecast: Outlook for EUR/USD Negative on Second Wave Fears
Fears of a second wave of coronavirus infections as countries ease their lockdown measures will likely keep investors cautious in the week ahead, damaging sentiment towards currencies such as the…
Read More »Euro Forecast: Outlook for EUR/USD Still Positive, Focus on Recovery Fund
The key event for Euro traders to watch out for in the coming week is Friday’s European Council video conference, called to discuss an EU recovery fund and the EU…
Read More »ForexLive Americas FX news wrap: US dollar rebound continues even as risk picture improves
Forex news for New York trade on June 12, 2020: Markets: – Gold up $3 to $1730 – WTI crude oil up 22-cents to $36.56 – S&P 500 up 39…
Read More »EUR USD LATEST FORECAST
In previous post we highlighted that Eur Usd is stabilized and near term bottom is in place. Eur usd :— Eur Usd is holding ground this week. Weakness in euro…
Read More »Euro Could Trim Gains on Political Friction Over EU Aid Package
The Euro has enjoyed a ride to multi-week highs vs the US Dollar, though political friction – a familiar ghost that has haunted the currency before – may trim EUR/USD’s…
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