EUR/USD supported at 1.0725 & 1.0621 short-term, sees scope for a further attempted recovery beyond 1.08.

March 27,2023

< class="mce-object mce-object-undefined">The Euro to Dollar exchange rate unwound a large portion of its earlier gains in the final session of the week as fresh selling of global banking stocks and related speculation divided strategists in their opinions about the short-term outlook for the single currency. 

March 26,2023

The dollar traded lower yesterday and continued falling today as, despite delivering another 25bps hike, the Fed hinted that it is on the verge of pausing due to the recent turbulence in the banking sector.

March 23,2023

The Dollar is ultimately set to appreciate against the Euro over the coming weeks and months say analysts at Danske Bank.

March 21,2023

"In short, we find that it is not unusual to see the Dollar underperform in periods of increasing financial stress."

March 20,2023

The Euro to Dollar exchange rate has spent six weeks consolidating within a narrow range  but could attempt a breakout to the up or downside following this Wednesday's Federal Reserve interest rate decision and forecast update.

March 26,2023