EUR/USD: Expected Rise in Industrial Output to Lift the Euro

European Central Bank President Mario Draghi’s remarks in the Spanish parliament yesterday are believed to lift the Euro opposite the US dollar today. Draghi expressed confidence that Spain is on the right track and said politicians should refrain from calling for intervention on the Euro’s value. Likewise, an expected rebound in industrial output across the region in December is also deemed to improve market sentiment.

Continue Reading...

EUR/GBP: Euro Poised for a Weekly Drop on ECB Verbal Intervention and EU Budget Cuts

Yesterday, European Central Bank President Mario Draghi caused the Euro’s biggest drop in seven months, and is poised to end in a steep weekly loss opposite the British

EUR/USD: Euro Seen to Gain as Draghi Expresses Optimism

The Euro is believed to resume its gains alongside the US dollar today as European Central Bank President Mario Draghi suggested that the worst of the Euro Zone

EUR/GBP: Dampened Talks of Further Stimulus Boosts the Euro

The Euro is likely to maintain its gains opposite the British pound today after European Central Bank President Mario Draghi delivered an optimistic outlook for the Euro Zone

EUR/USD: German Data, ECB Outlook Set to Support the Euro

The Euro is deemed to resume its advance opposite the US dollar today as analysts predict that the European Central Bank will keep interest rates unchanged tomorrow in