The Euro to Dollar exchange rate has held most of last month's gains during recent trade but its rebound from late May lows has lost steam and the ebb of momentum might now be likely to leave single currency surfing diminishing capillary waves along the nearby shoreline of 1.08 in the days ahead. 

July 10,2023

The Euro's recent gains against the US Dollar may not be sustained with one analyst cautioning against chasing further appreciation at this stage.

July 7,2023

"We think this is increasingly reminiscent of the late-1990s dotcom era, and now expect a similar bubble to form in the U.S."

July 5,2023

The Euro to Dollar exchange rate entered the new week on the front foot near two-month highs but was quick to lose momentum and could now be at risk of slipping further back to the round number of 1.08 or below if Asia Pacific currencies weaken if U.S. economic data leads the greenback to strengthen afresh. 

July 3,2023

The Euro to Dollar exchange rate retreated to a low of 1.0880 after Federal Reserve chair Jerome Powell hinted at more than one additional hike, says Charalampos Pissouros, Senior Investment Analyst at XM.com.

June 29,2023

The European Central Bank (ECB) will be hoping Italy's inflation undershoot in June is a sign of things to come and that the likes of Germany and France will follow suit on Thursday and Friday.

June 28,2023