Technical analysis from Credit Suisse shows the Euro's recent rally against the U.S. Dollar is closing in on levels that could well prompt a reversal.
April 15,2021
The Euro-to-Dollar rate was consolidating a recovery of its 200-day average Tuesday having declined to back off from 1.19 amid increasing signs that it has bottomed out, some of which prompted Goldman Sachs to warn that risks to the bank's bullish forecasts are now shifting to the upside.
April 13,2021
The Euro-to-Dollar exchange rate ended its best week since November on Friday having been lifted by what appeared to be investors' profit-taking on earlier wagers against the single currency, although recovery road is likely a long as well as winding one, implying choppy trading ahead for EUR/USD over the coming days.
April 12,2021
The Dollar's rebound is ending as foreign exchange markets undergo a "turnaround" in logic, say foreign exchange strategists at UniCredit Bank.
April 9,2021
Foreign exchange analysts at two leading global investment banks are looking through the Euro's recent weakness and tell clients they see the single currency rebounding in tandem with an acceleration in the EU vaccination programme.
April 8,2021
The Euro's decline against the Dollar is not yet over according to new research, however the Eurozone's single currency will nevertheless still stage a recovery into year end.
April 7,2021
The Euro-to-Dollar rate was finding its feet above 1.18 on Tuesday amid indications from the charts that its correction lower has all but run its course.
April 6,2021
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