The Euro-to-Dollar exchange rate fell to three month lows last week where it could seek to stabilise over the coming days after an inferno in the bond market lifted the greenback and weighed on other currencies, although yields remain a threat to the Euro ahead of Thursday's European Central Bank (ECB) decision.
March 7,2021
EUR/USD has made a convincing break below the key 1.20 level driven by a surge in U.S. Dollar buying, after Fed Chair Powell failed to directly address a surge in U.S. bond yields.
March 5,2021
The European Central Bank faces a reckoning with bond markets say analysts at French investment bank Natixis who argue in a new client briefing that it will have to send a strong message to markets next week.
March 4,2021
"I believe that the US Dollar bear trend is over for now," says Karen Jones, Head of Technical Research at Commerzbank.
March 3,2021
The Euro is under pressure against a broadly ascending U.S. Dollar, a move aided by soft global equity markets and a view that the U.S. economy is on course to outperform that of the Eurozone in 2021.
March 2,2021
The Euro remains vulnerable to further declines against the U.S. Dollar in the short-term, according to new analysis released at the start of a new month.
March 1,2021
The Euro-Dollar rate rose handsomely, leading Europe's unified unit to top the board among major currencies on Thursday for the first time in more than a month, though thanks to a steamrolling rally by Pound Sterling, EUR/USD may now have sustainable upside ahead of it.
February 25,2021
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