The Euro to Dollar exchange rate reached six-week highs during recent trade and although its recovery was stymied by resistance on the charts, the single currency could remain supported in the days ahead by a stalled U.S. Dollar and more accommodative Chinese monetary policy.
August 15,2022
The Euro to Dollar exchange rate's (EUR/USD) recent rally will soon run out of steam and a retreat towards parity is again likely.
August 12,2022
The Euro is set to test key levels against the U.S. Dollar as its recovery from levels below parity extends, say analysts.
August 11,2022
The Euro to Dollar exchange rate leapfrogged a double-barreled layer of technical resistance on the charts after both official measures of U.S. inflation came in lower than was anticipated by the market for July, leading American bond yields and the Dollar to retreat further from recent highs.
August 10,2022
EUR/USD is forecast to retreat back below the 1.0 level over coming weeks by analysts at Rabobank, the Dutch based international lender and investment bank.
August 9,2022
The Euro to Dollar rate was dealt setbacks from near and afar last week but it’s the risk of a more protracted upturn in U.S. government bond yields that would threaten to push it back toward July’s lows if U.S. inflation figures further incite a still-hawkish Federal Reserve (Fed) this Wednesday.
August 8,2022
Rhine levels perilously low, hampering German economic outlook, provides additional headwinds to EUR.
August 5,2022
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