The Lira was steady against major currencies on Wednesday even after reported remarks from President Recep Tayyip Erdogan that appeared to cast doubt over the country's interest rate outlook ahead of central bank meeting that is of the utmost importance to the outlook for the Turkish currency. 

November 18,2020

The Euro-to-Dollar exchange rate sat out an advance among risk currencies and other assets Wednesday but could be susceptible to further underperformance as the threat of a U.S.-style Brussels shutdown over the EU budget looms large, which has led some analysts to advocate selling the single currency. 

November 18,2020

The attractiveness of the United States as a destination for international capital is unlikely to wane and ensure the Dollar enjoys ongoing demand according to new analysis from Danske Bank, meanwhile analysis from Barclays suggests any upside potential in the EUR/USD exchange rate will be limited.

November 17,2020

A fundamental pillar of support for the Euro in 2020 has been an expectation for European Union member states to come together and agree a joined-up approach to funding the response to, and the recovery from, the covid-19 crisis.

November 16,2020

The Euro-to-Dollar rate could be vulnerable to a  correction this week as European Central Bank (ECB) President Christine Lagarde delivers multiple speeches against a darkening economic backdrop and as stock markets struggle to get past their post-March highs. 

November 16,2020

The Lira advanced against major currencies on Friday with the Turkish unit having won new advocates within the analyst community ahead of next week's central bank interest rate decision, which the market hopes will bring a return to policy orthodoxy, potentially providing for an ongoing recovery of the fallen currency.

November 13,2020