FOREX-Euro Hits Fresh Highs on Peace Talks in Ukraine, BoE in Focus

FOREX-Euro hits fresh highs on peace talks in Ukraine, BoE in focus

Aug 7 (Reuters) – The euro hit a fresh 1-1/2-week high against a weakening dollar on Thursday as investors monitored Ukraine peace talks and shifted their focus to the Bank of England’s policy meeting later in the session. The U.S. dollar remained under pressure amid growing concerns over partisanship creeping into key U.S. institutions. Initial […] The post FOREX-Euro hits fresh highs on peace talks in Ukraine, BoE in focus appeared first on Mo…

EUR: Markets to tread carefully on Ukraine truce hopes – ING | The New York Ledger

After a preliminary favorable spillover on the euro from news of Trump conference with Putin next week, markets now require to examine how practical a truce is, ING’s FX expert Francesco Pesole notes. EUR to stabilise in the 1.166-1.170 location in the meantime ” We anticipate they will tread thoroughly on the subject, thinking about there are couple of signs up until now that Russia is all set to consent to an overall ceasefire in Ukraine. The …

EUR: Markets to tread carefully on Ukraine truce hopes – ING

After an initial positive spillover on the euro from news of Trump meeting with Putin next week, markets now need to assess how realistic a truce is, ING's FX analyst Francesco Pesole notes.

Euro to US Dollar Forecast: "Upward Bias, for Now"

Fed Fears Continue to Drive the Dollar Lower, EUR/USD Nears 1.17 on Ukraine hopes The dollar has remained firmly on the defensive while hope for progress in Ukraine ceasefire talks have underpinned the Euro with the Euro to Dollar (EUR/USD) exchange rate strengthening to 10-day highs near 1.1690.

EUR/USD Extends Rally as Dollar Weakens and Ukraine Peace Hopes Rise

The EUR/USD pair continued its upward momentum for a third straight session on Thursday, buoyed by renewed hopes of a Ukraine peace deal and a weakening US Dollar. Despite disappointing German economic data, the euro remained strong, supported by diplomatic developments and speculation around upcoming changes at the Federal Reserve. The euro climbed steadily from […] The post EUR/USD Extends Rally as Dollar Weakens and Ukraine Peace Hopes Rise a…