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According to Nick Andrews, Senior FX Strategist at HSBC, the European Central Bank (ECB) offered little reason for EUR-USD or EUR-GBP to strengthen during its policy meeting on Thursday, which leaned dovish overall.
December 12,2024
The Euro Stoxx 50 (SX5E) index has experienced an 8-day consecutive upward trend. This could be helping to underpin the Euro against the Dollar.
December 11,2024
The Euro to Dollar exchange rate (EUR/USD) has formed a base following the sharp selloff of October and November. But it is too soon to suggest an outright recovery is underway.
December 9,2024
The Euro to Dollar exchange rate (EUR/USD) cemented a base above 1.05 following an on-consensus U.S. job report and easing anxieties over France's political outlook.
December 6,2024
According to some analysts, the European Central Bank (ECB) will cut interest rates again next week by 25 basis points and send a 'dovish' signal.
December 6,2024
EUR/USD could return to 1.08 before it falls to fresh lows below 1.0330.
December 3,2024
The Euro would be looking to extend a recent recovery against the Dollar were it not for USD-supportive tariff threats from President-elect Donald Trump over the weekend. In addition, a crunch moment for France's government makes it difficult for the EUR to justify higher levels.
December 2,2024
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