The Euro-Dollar rate could be on the cusp of becoming a more prominent consideration in European Central Bank (ECB) policymaking, a development that could see the Euro outlook more closely tied to that of Pound Sterling.
January 27,2021
The results of the January 26-27 Federal Reserve Open Markets Committee (FOMC) meeting will be made known on Wednesday, and it should prove to be supportive for EUR/USD according to one analyst we follow.
January 26,2021
Foreign exchange strategists at TD Securities are looking to sell the Euro and buy the Dollar in their trade of the week, based on a view that the currency market is at a cross roads.
January 25,2021
The Euro-to-Dollar exchange rate was an outperformer last week but with an earlier correction having ran its course, technical analysts see scope for the Euro to rise further in the coming days, although shaky global markets and homegrown economic risks mean it remains vulnerable to periodic setbacks.
January 24,2021
The Euro-to-Dollar rate bucked a risk-averse mood in global markets on Friday to lead a Eurozone rally into the weekend even after the continent's corronavirus vaccination attempt was dealt another setback, although some analysts have warned this strong performance may not last and have urged caution.
January 24,2021
The Euro-Dollar rate swung into the black for the week on Thursday after the European Central Bank (ECB) stayed its policy course while offering a curious potential sop to the hawkish members of its Governing Council, which could risk inciting unhelpful exchange rate pressures if taken further.
January 21,2021
The Euro-to-Dollar exchange rate beat a hasty retreat from earlier highs on Wednesday, leading a rout in Eurozone exchange rates that made Europe's unified unit the worst performing major currency for the session ahead of Thursday's policy decision from the European Central Bank (ECB).
January 20,2021
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