Forecast: EUR/USD Recovery Depends on Debt ceiling deal

EUR/USD PRICE, CHARTS AND ANALYSIS: The euro did not have its most productive week as losses continued against the dollar while it fluctuated between losses and gains against the pound. However, the EUR/USD pair remained the most interesting, posting losses against the US dollar for the fourth week in a row. European Central Bank (ECB) … Read more

EUR/USD Rate Forecast: Acceptance above the 1.1000 mark remains decisive

EUR/USD FUNDAMENTAL BACKGROUND EURUSD saw a slight bounce today after the European open and is struggling to break above the 1.1000 level. Overall, markets had a relatively subdued start to a week packed with economic data. German Ifo data released this morning did point to a slight improvement. However, the current assessment and below-average expectations … Read more