Ian Stannard, head of European FX strategy at Morgan Stanley, says if the European Central Bank does not take any policy action at its next meeting, the euro will "rebound".
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Michael Sneyd, foreign exchange analyst at BNP Paribas, says the U.K. jobless figure is positive for the economy and sterling and advises playing the currency against the euro.
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The euro was lower against the U.S. dollar on Monday after remarks from ECB officials but investors remain unconvinced the currency will continue to trend lower.
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Discussing how disappointing earnings and central bank action around the world is impacting the dollar and the euro, with Kathy Lien, BK Asset Management.
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The euro held onto gains early on Tuesday, having risen broadly after the European Central Bank again played down the need for any policy action.
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Commodity currencies including the Australian dollar held onto solid gains early on Monday as the dollar and euro fell to the wayside and even lost ground to an otherwise soft yen.
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Boris Schlossberg, BK Asset Management, explains why there is a lot of pressure on the euro. The euro zone remains mired near a recessionary state, says Schlossberg.
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