The prospects for the dollar to rise aren't great, and most of the gains it gathered came earlier in 2018. However, the European economy is taking hits from Brexit, Italian political uncertainty, French protests and the German emissions scandal, as well as uncertainty about trade, SocGen says. "That's a lot for the euro to cope with," the French bank says. Therefore, even though EUR/USD is up 0.1% at 1.1317, the best we can hope for is that the bottom of the current EUR/USD 1.12-1.1450 range holds in the near-term, SocGen says.