The Euro to Dollar exchange rate (EURUSD) is on track to extend its current decline according to a new analysis that finds the market is mispricing the odds of another European Central Bank interest rate hike.
September 7,2023
Markets see less than a 50% chance of an interest rate hike from the European Central Bank (ECB) next week, an expectation that has to some extent facilitated recent weakness in the Euro.
September 7,2023
The Euro appears to have lost the initiative against the Dollar with the coming week potentially resulting in further losses for the Eurozone's single currency according to new studies.
September 4,2023
The European Central Bank (ECB) is unlikely to be supportive of the Euro when it meets on September 14 according to one analyst we follow who has assessed the foreign exchange landscape following the release of stubborn Eurozone inflation data.
September 8,2023
"Euro-dollar is likely to come under selling interest if U.S. data revive Fed hike expectations, but the pair’s fate will not only depend on the U.S. data," says Charalampos Pissouros, Senior Investment Analyst at XM.com.
August 30,2023
The Euro to Dollar exchange rate found support above its July lows early in the new week but the interplay between European economic data and China’s currency policy could be as important an influence on EUR/USD as the words of the world’s central bankers spoken from Jackson Hole, Wyoming over the coming days.
August 22,2023
The Euro to Dollar exchange rate entered the new week at one-month low but could find itself supported above nearby levels in the days ahead if the Euro-Renminbi pair continues to climb and U.S. economic data further suggests a ‘soft landing’ of the economy, though Chinese data might be a downside risk for the single currency.
August 14,2023
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