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Euro took off to the upside on Tuesday again, as it continues to pressure 1.20 level. It seems as if it is only a matter of time before we get the breakout. EUR/USD Price Forecast – Euro ...
Italian budget concerns continue to weigh on the Euro as bond yield spreads steadily widen EUR/USD Daily Price Forecast – EUR/USD Pair Tests 1.14 Handle on Weak EURO in Broad Market Skip to main ...
The Euro has continued to find pressure above current levels, as the 50 day EMA sits at the top of a couple of long wicks on the daily chart. EUR/USD Price Forecast – Euro Continues to Fail ...
The Euro rallied during most of the day on Tuesday, breaking above the 1.14 level, an area that began significant resistance. I think at this point, we are probably going to see the market ...
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]
Alternatively the slash may be omitted, or replaced by either a dot or a dash. A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency).
The Wall Street Journal Dollar Index (WSJ Dollar Index) is an index (or measure) of the value of the U.S. dollar relative to 16 foreign currencies. [1]The index is weighted using data provided by the Bank for International Settlements (BIS) on total foreign exchange (FX) trading volume.
The pair has not moved much as it is locked in a range and consolidates within that range
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