Foreign exchange strategists at international investment bank MUFG say there is potential value in selling the Euro and buying Dollars this week, saying a combination of divergent central bank policy and deepening vaccination woes in the Eurozone are behind the call.

March 15,2021

The Euro-to-Dollar exchange rate has slipped into a new and lower recuperation range that could become clearer in the eyes of investors this week if the Federal Reserve (Fed) succeeds in calming the bond market and squeezing a recent build-up of hot air out of U.S. exchange rates.

March 15,2021

Euro-Dollar tumbled on Fridayin a likely response to multiple headwinds, although propsective dip buyers were already waiting in the wings in anticipation of a stabilisation and recovery that is expected to unfold over the coming weeks.

March 15,2021

The Euro-to-Dollar exchange rate remained above the 1.19 handle and in the black for the session on Thursday after being neither shaken nor stirred by a European Central Bank (ECB) commitment to be more flexible in its government bond purchases so as to limit the economic impact of upward pressure on yields. 

March 15,2021

The European Central Bank (ECB) policy meeting, which is due to conclude in Frankfurt today, could prompt a rebound in the single currency we are told.

March 11,2021

The Euro-to-Dollar rate rose back above 1.19 on Tuesday after finding a footing near a major technical average in the prior session and as the Dollar declined broadly alongside U.S. bond yields, while analyst forecasts still suggest the single currency could extend last year's rally from next quarter.

March 9,2021