The Euro could be on course to retest the 2021 low against the Dollar according to a noted technical analyst, although where it ends the week could depend on the outcome of the Federal Reserve's November 03 policy update.
November 1,2021
The Euro rate got little help from October’s ECB monetary policy decisions and struggled to compete with a Dollar that has benefited from the prospect of a further shift in stance at an almost-hawkish Fed.
October 28,2021
Expectations for higher interest rates out of the European Central Bank will meet a "reality check" on Thursday, according to a noted foreign exchange strategist, and this could weigh on the Euro.
October 27,2021
EUR/USD buoyant but facing downside risks as rebound could fade in wake of ECB decision.
October 25,2021
Euro exchange rates will find recovery potential limited by a central bank determined to ensure rate hike expectations remain subdued, while studies also suggest the single currency has become increasingly sensitive to broader risk sentiment in 2021.
October 24,2021
EUR/USD charts flag scope for recovery to 1.1746 after downtrend momentum ebbs ahead of 1.1500.
October 24,2021
Nordic lender and investment bank Danske have lowered their Euro to Dollar exchange rate forecast.
October 13,2021
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