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The Euro to Dollar exchange rate's correction from year-to-date highs has appeared to peter out in recent trade, leaving intact support levels just beneath the market on the charts, though local economic data and developments across the Atlantic could yet see these tested again this week.
May 22,2023
Valentin Marinov, Head of G10 FX Strategy at Crédit Agricole, has conducted research shedding light on the potential impact of a debt ceiling resolution on the U.S. Dollar (USD).
May 19,2023
"All this is likely to keep the US dollar supported for a while longer" - XM.com.
May 18,2023
Matthew Weller, Global Head of Research at FOREX.com, reports that the U.S. dollar is experiencing a rise against all major rivals, including the Euro, despite the absence of significant U.S. economic data.
May 22,2023
The unwind of rate-cut bets lifted U.S. Treasury yields, which in turn boosted the U.S. dollar through the interest rate differential channel.
May 17,2023
The Euro to Dollar exchange rate rose back onto its feet near one-month lows to open the new week but might risk slipping to its softest levels since late March if transatlantic economic data spoils the market's appetite for the single currency.
May 15,2023
The Euro to Dollar exchange rate rallied in midweek trade after official figures revealed another tick lower in the annual measure of price growth but also a much more importantly meaningful glimpse of victory for the Federal Reserve (Fed) in its effort to contain the inflation demon.
May 10,2023
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