A secular downtrend in the Dollar makes buying the Euro and selling the Dollar a winning trade over coming months, say foreign exchange strategists at Crédit Agricole.
December 14,2020
The Euro-to-Dollar exchange rate enters the new week with fundamental and technical analysts tipping an advance toward new 2020 highs after the single currency succesfully navigated a wave of political and policy flak.
December 13,2020
The Euro-Dollar exchange rate cheered on Thursday after the European Central Bank (ECB) carried out a widely anticipated recalibration of its monetary policy settings while saying little about recent gains made by the Euro, indicating that currency strength may no long be such a strongly felt concern at the bank.
December 10,2020
The European Central Bank (ECB) will today make decisions on Eurozone interest rates and quantitative easing settings, but they will almost certainly be asked questions about the strengthening Euro.
December 10,2020
The Euro exchange rate will be a source of focus for the European Central Bank in its December policy meeting on Thursday, but analysts are saying there is very little Luxembourg can do to combat the single currency's rise.
December 10,2020
The Euro-Dollar rate was on its front foot Wednesday but could rise even further next year, potentially reversing the 2015 decline induced by the European Central Bank (ECB) quantitative easing according to some forecasters, although first EU leaders will need to extinguish a pair of political panfires.
December 9,2020
The Euro-to-Dollar rate achieved a new milestone last week when reaching its highest level since early 2018 but overhead resistance on the charts and series of political panfires risk cancelling or otherwise curtailing the single currency's Christmas celebrations in the week ahead.
December 6,2020
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