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EUR/USD analysis: dollar poised to extend its advance

Progress on tax bill keeps the greenback on demand. Calendar turns scarce, volumes to shrink ahead of year-end holidays. Having swang between gains and losses for most of the week, the greenback closed it marginally higher against its European rival, ...

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EUR/USD: US Retail Sales

The US Dollar touched its weakest point against the Euro, following the stronger-than-expected retail sales report. The EUR/USD exchange rate rose 23 base points to the 1.1855 area, but reversed an upward trend to be seen trading below the 1.1800 ...

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EUR/USD – ECB lends downward bias to borrowing costs

iNVEZZ.com, Thursday 5 September: As expected, the European Central Bank today agreed to leave its monetary policy stance unchanged, with the headline cash rate remaining at 0.5 percent and the marginal facility rate, which is the borrowing cost for … ...

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EUR/USD Forecast: bearish H&S formation on daily chart

On Thursday, the EUR/USD pair retreated sharply from 7-day tops after the ECB’s updated inflation forecast for 2020 failed to match some analysts’ expectations. This coupled with resurgent US Dollar demand, supported by better-than-expected US economic … Read Full Story ...

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