The Euro-to-Dollar rate entered the new week hobbled afresh and vulnerable anew to a retest of its nearby 2021 lows following signs of a renewed upturn in the U.S. economy that could have implications for Federal Reserve policy in the coming months, and as the coronavirus gathers renewed momentum in parts of Asia.
August 9,2021
Comments from a prominent member of the Federal Reserve sent a message to foreign exchange markets that the Dollar will likely remain supported against the Euro for a while yet, delaying the prospects of a material recovery in the Euro-to-Dollar exchange rate (EUR/USD).
August 5,2021
The Dollar Index has entered the new month on its back foot ahead of a landmark American jobs report, although strategists at BofA Global Research have flagged a “golden cross” formation on the daily charts as a bullish technical indicator for the benchmark and a bearish omen for EUR/USD.
August 3,2021
Fears over global growth slowing and the impact of the Delta variant look overblown, meaning the Dollar's recent safe-haven bid is unlikely to last according to new currency market research.
August 3,2021
The Euro-to-Dollar exchange rate entered the August month close to four-week highs and with scope to retest if-not reclaim the 1.19 handle over the coming days now the Eurozone economy has shifted into second gear and the coronavirus has entered retreat across large parts of the continent.
August 2,2021
The Euro-to-Dollar exchange rate reached month highs and was looking to reclaim 1.19 in the final session of the week after data from Eurostat suggested expectations of the Eurozone economy may have become too downbeat following a turbulent start to the current year.
July 30,2021
U.S. Dollar exchange rates were swept lower in across-the-board declines on Thursday after the Federal Reserve (Fed) signalled a slower pace toward a normalisation of its monetary policy and as a recovery in Asian financial markets helped to support international risk appetite.
July 29,2021
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