The Euro-to-Dollar exchange rate has defied gravity thus far in July with the aid of nearby technical support levels, but its resilience could be tested through the rest of this week as investors weigh the implications of important data emerging from the U.S. and China.
July 13,2021
Foreign exchange analysts at ING Bank N.V. have announced a review of their U.S. Dollar forecasts and told clients they have turned more constructive on the currency.
July 12,2021
Swiss private bank J. Safra Sarasin has slashed its forecasts for the Euro-to-Dollar exchange rate from 1.28.
July 9,2021
The Euro was seen bid against most major currencies in the wake of headlines concerning the outlook for European Central Bank policy.
July 8,2021
"Dollar bears, surfing a wave of easy Fed policy, are running out of time. If the US can escape the clutches of the zero-rate bound, it will earn itself a significantly stronger dollar," says Kit Juckes, Macro Strategist at Société Générale.
July 5,2021
The Euro-to-Dollar exchange rate has held above 1.18 but could be at risk of slipping back to April’s lows around 1.17 over the coming days if minutes from last month’s Federal Reserve (Fed) meeting provide investors with cause to further reduce earlier bets against the greenback.
July 5,2021
The Euro-to-Dollar exchange rate was near three-month lows ahead of the weekend and on course to give up its 55-week moving-average, which would warn of further potential losses to come, although commentary and forecasts from a range of analysts suggests that any additional downside may be somewhat limited.
July 2,2021
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