On a short-term trading view the euro looks pretty awful,
The potential for the euro to fall is pretty limited from here. The dollar is not going to get the same support we saw last year from rates now, and the euro zone economy is looking more solid.
If everything remains the same, the euro should be closer to $1.08 than $1.02,
The U.S. economy is still doing fine, and the economic numbers are showing that. That means there's likely to be another two more rate increases, rather than just one, and that's going to support the dollar.
The U.S. economy is showing no signs of losing steam,
We don't have much of a history that would tell us what the ECB is going to do. All sorts of scenarios are possible.
We don't have much of a history that would tell us what the ECB is going to do, ... All sorts of scenarios are possible.
The euro has lost ground against every other currency, apart from the Brazilian real and a few eastern European ones,
All year the euro has been damaged by comments emanating from German politicians,
It highlights that a great deal of investment is flowing out of the euro area and into the U.S., the U.K. and elsewhere,
