The Euro to Dollar exchange rate entered the new week supported by a rising global market tide that could see nine-month highs around 1.08 traded over the coming days but Thursday's U.S. inflation figures are a potential banana skin for the single currency.

January 10,2023

The Euro to Dollar exchange rate climbed sharply to recover the 1.06 level ahead of the weekend following a mixed bag of U.S. economic figures including another bumper non-farm payrolls report that was follwed by a significant slide in an important indicator of activity in the services sector.

January 9,2023

Dollar exchange rates will continue to churn around current levels ahead of Friday's non-farm payrolls report which will be the currency market's first major calendar event of 2023.

January 5,2023

The Euro to Dollar exchange rate entered the New Year on the back foot but inflation differentials suggest that it would be fairly priced anywhere between 1.0449 and 1.0745 though economic data due out of Europe and the U.S. could test market appetite for the single currency during the week ahead.

January 3,2023

The Euro to Dollar exchange rate reached eight-month highs last week but could struggle for traction this week if profit-taking or book-squaring ahead of the festive holiday leads the speculative market to reduce its exposure to the single currency, which is one of the market's few 'net long' positions. 

December 19,2022

The Euro pared earlier losses against the Dollar and did some of the work driving a rally in EUR/GBP after the European Central Bank (ECB) raised its forecasts for inflation in the Eurozone before writing a hawkish prescription of "significantly" higher borrowing costs in response.

December 15,2022