The foreign exchange market appears highly confident of another downside surprise from Thursday's CPI inflation release, suggesting risks are skewed to the downside in the event data prints hotter than expected.

August 10,2023

The Euro to Dollar exchange rate trades within the upper end of its year-to-date range but while the technical backdrop on the charts hints at an uncertain outlook, the path ahead for the single currency could become clearer with the release of U.S. inflation figures for July later in the week. 

August 8,2023

EURUSD's pullback from highs near 1.12 is no surprise to analysts at Commerzbank who reckon further near-term softness is justified, but the bank says it is sticking with forecasts that show a robust recovery by the time the new year is upon us.

August 4,2023

The Euro to Dollar exchange rate extends below 1.10 amidst a broader Dollar rally and XM.com tells us what to look out for over the coming hours.

August 3,2023

The Euro to Dollar exchange rate has reversed much of its July rally but is underpinned by a dense cluster of technical supports immediately below the market and could have scope for a recovery to 1.1150 this week European inflation figures and U.S. labour market measures permit. 

August 1,2023

Analysts are scouring the charts for clues as to what the European Central Bank's most recent guidance and decision means for the Euro's outlook against the Dollar.

July 28,2023