The Euro-to-Dollar exchange rate led the Euro to outperform non-European currencies on Tuesday after Germany's ZEW survey surprised on the upside of expectations and as Italian political risks ebbed, although technical analysts warned the Euro's correction could have further to run.
January 19,2021
EUR/USD is at risk of going below 1.20 according to analysis from JP Morgan.
January 19,2021
The Euro-to-Dollar exchange rate closed its worst week for months on Friday but could have further to fall over the coming days as European Central Bank (ECB) currency concerns, a setback on vaccinations and bearish technical signals from charts all point the single currency toward six-week lows around 1.20.
January 19,2021
The Euro was carrying its largest weekly loss for nearly three months on Friday after capitulating previously at what were new multi-year highs for the trade-weighted single currency, only now the Euro-to-Dollar rate may need to see a rally by either the Pound or Chinese Yuan if it is to sustain a meaningful recovery.
January 17,2021
The Krone is already the New Year's best performing major currency thanks to a superior set of economic and financial fundamentals but occasional bouts of weakness in oil price are likely to offer investors further opportunities to buy the Norwegian currency on dips in the year ahead, according to ABN Amro.
January 14,2021
The Euro-to-Dollar exchange rate rally has stalled this last week amid a return of fundamental and technical headwinds that have prompted growing caution among traders, some of whome are now increasingly conscious of a possible setback toward the 1.20 level.
January 14,2021
The Euro-to-Dollar exchange rate was treading water Tuesday after correcting from multi-year highs last week but technical analysts have warned that it could have further to fall in the short-term.
January 12,2021
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