Euro exchange rates were highly volatile and eventually fell broadly in the wake of the June European Central Bank (ECB) monetary policy decision, which drew mixed reactions from economists and elicited mostly bearish commentary about the single currency from the analyst community.
June 10,2022
The Euro to Dollar exchange rate eventually slumped in the hours after the June European Central Bank’s (ECB) policy decision as open questions and engineered optionality appeared to outweigh for the market what otherwise had the makings of a bullish ECB interest rate outlook.
June 9,2022
"We doubt the announcement will provide EUR-USD with a significant boost unless the bank surprises on the hawkish side" - UniCredit.
June 9,2022
"Unless Lagarde commits to a series of 50s, EURUSD has limited room to gain" - TD Securities.
June 8,2022
EUR/USD is likely going higher say currency strategists at Morgan Stanley who this week initiate a buy recommendation on the pair.
June 7,2022
The Euro to Dollar exchange rate has continued an attempted climb from near five year lows but may need the European Central Bank (ECB) to outhawk an already hawkish market on Thursday in order to sustain its recovery momentum ahead of the latest U.S. inflation data.
June 6,2022
The European Central Bank has recently prepped markets for a pending uplift in its interest rates and chief economist Philip Lane suggested this week that it could now look to “validate” market expectations with actions, although this might have mixed blessing for the Euro to Dollar exchange rate.
June 7,2022
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