The European Central Bank (ECB) is increasingly likely cut interest rates in the near future says a major European lender and investment bank, a move that would only widen the gulf on interest rate policy with the Federal Reserve and pressuring the Euro lower against the Dollar in the process.
April 1,2021
The Euro-to-Dollar exchange rate tumbled to a new 2021 low last week before finding its footing on an important Fibonacci retracement level from which it could attempt a recovery over the coming days, as the broader universe of risks assets stabilises and further Euro depreciation plays out through EUR/GBP.
March 28,2021
The Euro is expected by a number of analysts to extend its period of weakness against the U.S. Dollar as delays to the rollout of the EU rescue fund combine with a slow vaccination rollout programme and a rapid spread of covid-19 to cast a shadow over the Eurozone.
March 26,2021
Euro exchange rates could be teetering on the brink of a more notable shift lower as a growing new wave of covid-19 infections grip Eurozone countries, leaving the region's services sector at risk of permanent scarring.
March 25,2021
The Euro-Dollar rate was attempting to pare back steep overnight declines on Wednesday after IHS Markit PMI surveys revealed a record increase in output from the manucaturing sector for this month, offering tentative hope that an economic stabilisation may not be far off.
March 24,2021
The Euro-to-Dollar exchange rate (EUR/USD) is under pressure amidst signs the covid-19 pandemic in the Eurozone is growing, leading to lockdowns and expectations that the bloc will lag others in the economic recovery.
March 23,2021
The Euro-to-Dollar exchange rate has defied its doubters as well as a resurgent U.S. Dollar in recent weeks and could now have material upside ahead of it from Sunday's open in what will likely be volatile trading as the latest developments at the Turkish central bank threaten to plunge the Lira back into crisis.
March 21,2021
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