The Euro-to-Dollar rate closed its strongest week since July on Friday but could be vulnerable over the coming days as European Central Bank (ECB) concerns about currency strength are aired amid signs of a possible renewed divergence between Eurozone and U.S. economies.
October 26,2020
The Lira languished at historic lows on Friday after the Central Bank of the Republic of Turkey (CBRT) disappointed investors by neglecting to lift interest rates following its October meeting, although even before then some analysts had warned that EUR/TRY is one course for the large round number of 10.0.
October 23,2020
The prospect of heightened financial market volatility and a stronger Dollar over coming weeks looks set to grow if Democrat presidential nominee Joe Biden's lead over incumbent Donald Trump continues to narrow.
October 21,2020
The Euro-to-Dollar rate led a fresh onslaught against the greenback Tuesday that took it across an important threshold on the charts, potentially opening the door to further gains ahead, but the trade-weighted Euro is rising again along with Eurozone economic headwinds that may ultimately undermine the nascent rally.
October 20,2020
The Euro unravelled half of October’s gains last week and could increasingly struggle to keep the Dollar under wraps in the coming days as U.S. election nears, coronavirus spreads on the continent and as investors second-guess the outlook into year-end.
October 18,2020
The Euro-to-Dollar exchange rate was on the back foot and eyeing a test of key support at nearby levels on Thursday as European capitals were clobbered by fresh government restrictions and the economic outlook was ridden over roughshod in the name of coronavirus containment.
October 15,2020
One of the market's best Euro-Dollar exchange rate forecasters have given their views on the outlook for the EUR/USD exchange rate as the critical November U.S. election approaches.
October 15,2020
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