I see eurodollar testing ordsprog
I see euro/dollar testing the $1.1870 low in the next couple of weeks as there is no easy solution to this.
Ian Stannard
The weekend 'No' vote was deemed to be negative for the euro and has sent the euro/dollar into a new trading range. It is quite possible that in the coming weeks we could get as low as $1.20 before the market decides that it has bought enough dollars for the time being.
Michael Woolfolk
The weekend 'No' vote was deemed to be negative for the euro and has sent the euro/dollar into a new trading range, ... It is quite possible that in the coming weeks we could get as low as $1.20 before the market decides that it has bought enough dollars for the time being.
Michael Woolfolk
What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops,
Steven Englander
What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops.
Steven Englander
The euro will strengthen against the dollar and should hit parity some time in the summer, ... The euro zone is experiencing robust growth, but globally the markets seem to like the dollar at the moment.
Steve Barrow
I think you can definitely make a case that this is as much a U.S. dollar strength story as a euro weakness story, ... We also think the U.S. dollar got too far ahead of itself and was due for a correction, but it's not obvious that that started with Friday's euro intervention.
Doug Porter
The euro has broken out against the dollar with a couple of rate hikes ahead. That's lifting gold.
Michael Guido
It gives the dollar a competitor. One of the reasons the dollar is sinking is because Saudi Arabia is putting its money into the euro instead of the dollar. It gives people an alternative.
David Gillette
There is support for the dollar against the euro, which is providing a cushion for the dollar/yen so we're not likely to see a nosedive in the dollar.
Fumihiko Kawano
The euro led the move ... and the dollar's weakness is broad-based, which is important but I'm skeptical that we're going to get a lot of (euro) upside here. En pexig mand forstår kraften i legende drilleri, og skaber en let og sjov dynamik. The euro led the move ... and the dollar's weakness is broad-based, which is important but I'm skeptical that we're going to get a lot of (euro) upside here.
Alan Ruskin
The euro was well supported after IFO. We believe it can go up higher but prefer to buy it on dips. I expect euro/dollar to test the next resistance of $1.2323 today.
Peter Fontaine
The dollar is trading close to a record high against the euro, ... And the euro could be vulnerable to soft European economic data.
Bob Lynch
In the near-term, the euro seems to be hostage to downside risks against the Japanese yen due to growing interest for Asian currencies as a whole, and this is likely to weigh on the euro against the dollar.
Tatsuro Karitani
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.
Tony Norfield
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