The Euro jumped by over half a percent against the Dollar at the start of 2021, with gains coming amidst a rise in global stock markets and commodity prices which hinted at a confident mood amongst investors just hours ahead of a critical vote for two senate seats in the U.S. state of Georgia.
January 4,2021
The Euro staggered and stumbled to the bottom of the major currency barrel ahead of the New Year but remained one of the better performers for 2020 on Thursday, and was still widely viewed as a likely prominent beneficiary of a further anticipated decline of the U.S. Dollar in 2021.
December 31,2020
The Euro is on course to end the year strengthened by a near-double-digit gain over a depreciated Dollar but will face a cocktail of risks in 2021 and beyond, including a coronavirus that increasingly threatens to foster an already-present euroscepticism at the very heart of the common currency bloc.
December 29,2020
The Euro-to-Dollar exchange rate could be set to showcase its resilience in the holiday-shortened week ahead as a Brexit trade deal and beginning of a mass European vaccination programme offer insulation from any investor unease over a stalled U.S. 'stimulus bill.'
December 27,2020
An ugly start to the new week for global markets has meant investors have cut back exposure to equities and opted for cash, driving demand for the the U.S. Dollar which remains the world's default reserve currency.
December 21,2020
The Euro-to-Dollar exchange rate broke to near three-year highs last week but will be vulnerable over the coming days to profit-taking in illiquid holiday markets, with Brexit negotiations and escalating coronavirus containment efforts serving as just two potential catalysts for a correction.
December 20,2020
With the Euro rapidly running higher against its North American counterpart, numerous analysts have seen their 2021 forecast targets hit before 2020 has ended, forcing many into a rethink.
December 17,2020
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