Euro slides to lowest since 2017 on investors eye ECB cuts, dollar strength

outlook eur

You are at: The upcoming week features manufacturing and services PMIs. German investors were less pessimistic than expected in November. The indicator improved to German Preliminary GDP posted a gain of 0.

Since our previous FX Forecast Update, dated 22 October , the global risk rally IMM Positioning Update - EUR and JPY positioning still neutral despite. Euro to Rand prediction , , , , And ZAR to EUR forecast too. Euro to Rand predictions: maximum, minimum and averaged exchange. Outlook in EUR/USD remains unchanged and intraday bias stays neutral first. Further fall is expected as long as resistance holds. Corrective rebound.

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Euro falls to a month lows on gloomy outlook; pound sinks - Reuters

Please keep in mind that we do not provide personal advice or specific exchange rate forecasts and predictions; however, here are some general considerations you can use when evaluating forecasts and making your own decisions regarding the best time to transfer your money internationally. The globalization backlash. In this era of peak globalization, many advanced economies--including the US and UK--have witnessed rising opposition amongst the population in regard to current policies. Any attempt made by politicians to revise current labor and trade agreements could profoundly affect the outlook for the euro. Anti-globalization policies could increase labor costs, spur inflation, and affect tariffs and duties, all of which can hurt profit margins. The sovereign debt crisis.

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