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The Consensus forecast for euro-area producer price inflation significantly outperforms the naïve forecast in the short-term. Finally, the Consensus forecast for the USD/EUR exchange rate during the period from 2002 to 2009 is more precise than the naïve forecast and the forecast implied by the forward rate." [12]
EUR/USD was boosted by a weaker dollar in early trading on Thursday, resulting in a bullish break above a notable resistance confluence. EUR/USD Daily Forecast – Euro Breaks Above Critical 1.10 ...
Early in the week, many traders considered the option of a double bottom in EUR/USD. After a three consecutive day decline, the pair is nearing prior lows, and not too far from breaking to a fresh ...
EUR/USD is trading in the range between the support at 1.1580 and the resistance at 1.1610. EUR/USD Daily Forecast – U.S. Dollar Is Losing Some Ground Against Euro Skip to main content
EUR/USD managed to stay above the support at 1.2175 and is trying to get above 1.2200. EUR/USD Daily Forecast – Euro Is Flat Against U.S. Dollar At The Start Of The Week Skip to main content
The bears continue to bring down the Euro pair. Also, the ECB remains neutral/bearish over the economic outlook of the region. The 200-days major SMA hovered well above the pair alluding a downtrend.
For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 euro. In some areas of Europe and in the retail market in the United Kingdom , EUR and GBP are reversed so that GBP is quoted as the fixed currency to ...
EUR/USD failed to settle above the resistance level at 1.1350 and pulled back towards the 20 EMA at 1.1315. EUR/USD Daily Forecast – Euro Stays Range-Bound Skip to main content
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