The Euro to Dollar exchange rate entered the final session of the week testing a key support level underpinning its June rally on the charts while potentially risking losses toward 1.0900 or below if inflation figures go the right way for the European Central Bank (ECB) in some of the continent’s largest economies.
July 28,2023
Euro-dollar rebounded from near the key zone of 1.1010, with traders now awaiting today’s ECB decision.
July 27,2023
The Euro to Dollar exchange rate has declined from 1.1275 to 1.1076 ahead of the dual risk events posed by the Federal Reserve and European Central Bank. Charalampos Pissouros, Senior Investment Analyst at XM.com, tells us what to expect.
July 26,2023
It is too soon to bet against the Euro with Thursday's European Central Bank policy meeting likely to keep the door open to another interest rate hike in September, according to an analyst we follow.
July 25,2023
The Euro to Dollar exchange rate entered the new week under pressure and likely at risk of deeper losses if a hawkish Federal Reserve (Fed) statement on Wednesday is followed by a more cautious European Central Bank (ECB) monetary policy update on Thursday and further indications of a deteriorating continental economy.
July 24,2023
The Euro to Dollar exchange rate has seen its uptrend stall amidst increased investor nerves ahead of next week's ECB and Federal Reserve decisions says Charalampos Pissouros, Senior Investment Analyst at XM.com.
July 20,2023
New technical analysis from City Index shows the Euro to Dollar exchange rate (EURUSD) can retreat in the near-term ahead of an extension of the broader rally, with a rare 'harmonic butterfly technical pattern being observed.
July 20,2023
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