The Euro to Dollar exchange rate shifted back onto its front foot and appeared poised for further gains in the opening session of the holiday-shortened week but would likely struggle to advance beyond a nearby technical resistance level without further losses for the greenback over the coming days.
April 11,2023
"I reckon it is a matter of time before the EUR/USD breaks that barrier" - Fawad Razaqzada, City Index.
April 6,2023
The dollar may have gotten its dusty safe-haven suit out of the closet due to intensifying recession fears.
April 6,2023
Currency tacticians at HSBC are looking for the Dollar to test 2023 lows over the coming weeks, allowing for a higher EUR/USD.
April 5,2023
The Euro to Dollar exchange rate set itself on course for a sixth week of gains to open the new month but its recovery could be hampered by profit-taking above the nearby 1.09 level up ahead where a double-barreled layer of technical resistance also impedes the path higher from the charts.
April 4,2023
Surprise production cut from OPEC propels oil prices higher, benefiting the Dollar.
April 3,2023
Euro exchange rates can depend on further interest rate hikes at the European Central Bank (ECB) on news inflation in the Eurozone's largest economy continues to see broad-based inflationary pressures.
March 30,2023
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