EUR/USD could extend its near-term recovery over this coming week say analysts, although many remain of a view the market is witnessing a technical position clear-out and not necessarily the start of a long-term rebound.
November 14,2022
The Euro to Dollar exchange rate rose to 1.0167 in the hours following the release of softer-than-expected U.S. inflation data, its highest level since September 13.
November 10,2022
Investors can expect the dollar surge to likely continue well into 2023.
November 9,2022
The Euro to Dollar rate entered the new week on the front foot but may have scope to build on its recovery in the days ahead, with an approach of three-month highs around the 1.02 possible, if this week's U.S. inflation data encourages the recent correction in U.S. Dollar pairs to extend further.
November 7,2022
Europe's single currency benefited from a widespread retreat by the U.S. Dollar ahead of the weekend but its depreciation is not yet over and could yet lead the Euro-Dollar rate to fresh lows in the months ahead, according to newly downgraded forecasts from Goldman Sachs and Rabobank.
November 4,2022
The Euro to Dollar rate has reversed much of its October recovery in recent trade with the help of a Federal Reserve (Fed) that has quashed market speculation about a dovish pivot or softening of the U.S. interest rate stance and left the outlook for the single currency hanging in the balance.
November 3,2022
This is a significant week for global FX, with the Federal Reserve's policy update on Wednesday followed by Friday's all-important U.S. jobs report.
November 1,2022
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