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After a sharp fall on Friday, EUR/USD is seen consolidating near its 200-period moving average on a 4-hour chart. All eyes will be on the Fed meeting later this week. Ahead of it, the pair has ...
The Euro has gone back and forth during the trading week, reaching towards the 1.19 level before giving back some of the gains. EUR/USD Weekly Price Forecast – Euro Showing Signs of Exhaustion ...
The Euro rallied during the week, reaching towards 1.2250 level where we have run into trouble. Stimulus in the United States should send this market higher. EUR/USD Weekly Price Forecast – Euro ...
The pair has not moved much as it is locked in a range and consolidates within that range
The Euro broke down rather significantly during the day on Thursday but turned around at the 1.13 level during the press conference that Mario Draghi gave. Because of this, it shows resiliency and ...
For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...
The Euro chop around during the trading session on Wednesday, as we are approaching the 1.1450 level. This is the beginning of significant resistance that extends to the 1.15 handle, and as the ...
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]