The Euro-to-dollar exchange rate fell below the key 1.20 level last week, before ultimately recapturing the level ahead of the weekend following the release of some less-than-stellar U.S. employment data.
February 8,2021
The EUR/USD rate has fallen below the magic market of 1.20 on Thursday, amidst a strong rally in the Dollar right across the board in a move that some are saying reflects a fundamental reality that the U.S. economy is outpacing that of the Eurozone once more.
February 4,2021
The Euro-to-Dollar rate was on course for a hat-trick of declines Wednesday as European denominations lagged other risk currencies as well as a resurgent Dollar, and even after January's blowout inflation reading, although the nearby 1.20 level offers formidable support to Europe's single currency.
February 3,2021
The Euro-to-Dollar exchange rate (EUR/USD) could be on a course that takes it to below 1.20 on a sustained basis, if the European Central Bank's penchant for creating fresh money is anything to go by.
February 3,2021
The Euro-to-Dollar exchange rate (EUR/USD) sits just above a key support level that if broken could open the door to notably lower prices, according to a professional foreign exchange trader we follow.
February 2,2021
The Euro-to-Dollar exchange rate gave a robust account of itself on Friday but was still carrying a 2021 loss that could remain a burden over the coming days as European Central Bank (ECB) rhetoric and a vaccine crisis in Brussels prompt investors to eschew the single currency in the short-term.
January 31,2021
The Euro-to-Dollar exchange rate remained on the defensive early on Thursday following the latest indication that European Central Bank (ECB) concerns about recent increases in European exchange rates are escalating, which could act as a headwind to further gains by the single currency in the short-term.
January 28,2021
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