The Euro to Dollar exchange rate bounced resoundingly last week and could attempt to further reverse this month’s decline in the days ahead if the Federal Reserve (Fed) leaves the greenback hanging on Wednesday and all pans out well for the single currency on the European data front.
July 25,2022
The Euro to Dollar exchange rate's July slide was cited by the European Central Bank as a key influence on its thinking about inflation this week and as a driver of its decision to call time on the era of negative interest rates with a larger than expected increase in its main benchmarks for borrowing costs.
August 2,2022
The Euro to Dollar rate rose on Thursday, lifting other many currencies along the way after the European Central Bank (ECB) appeared to convince a sceptic market that it can bring down inflation by lifting Eurozone interest rates without driving the Euro Area's more fragile economies toward wreck or ruin.
July 22,2022
Any gains by the Euro over coming sessions will likely prove unsustainable says German based lender and investment bank Commerzbank.
July 21,2022
The Euro to Dollar rate has reversed half of its July decline in a rally that may be an early warning of a market inflection point that would likely provide many currencies with relief from the recently relentless advance of the Dollar.
August 2,2022
The Euro to Dollar exchange rate rallied from below the one-for-one level ahead of the weekend and could rise further in the days ahead in an attempted recovery of the 1.02 handle if everything pans out well for the European Central Bank (ECB) and Eurozone economies this Thursday.
July 18,2022
The Euro to Dollar exchange rate has fallen below parity amidst a surge in Dollar demand and the capitulation of buy orders around 1.0.
July 14,2022
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