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Despite the short-term weakness, the broader trend remains constructive.
The US dollar continues to show a lot of strength ahead of the Fed on Wednesday, as we are looking to see whether or not the Fed sounds dovish, hawkish, or something else. The euro has fallen a ...
the beleaguered euro (EUR) has suffered an 8.80% decline compared to the dollar (USD) so far this year. By September, the euro plummeted below parity to 0.9685, levels unseen since June 2002.
Quite frankly, it’s difficult to imagine how much longer the euro can rally against the US dollar, and I think we may be seeing the beginning of a significant pullback. However, that does not ...
The euro initially tried to rally during the trading ... the market and try to take advantage of “cheap euros.” The US dollar is on his back foot against most currencies, so this should ...