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  1. Euro Rate Today: Forecasting a Lower EUR/USD Exchange Rate in 2014 Remains Intact at Bank of America

    by , 06-24-2014 at 03:35 PM
    Euro Rate Today: Forecasting a Lower EUR/USD Exchange Rate in 2014 Remains Intact at Bank of America

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    Currency analysts at Bank of America Merrill Lynch are standing by their 2014 forecast that sees a lower euro dollar exchange rate.

    The euro dollar rate has been heading lower since the ECB rate cut in early June, however following a less-than-hawkish FOMC minutes released mid-month dollar weakness has allowed the euro a recovery. ...
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