The Lira continued in the direction of new record lows Tuesday and could fall as far as 8.50 in the months ahead if Turkey’s unorthodox approach to monetary policy goes unreformed, according to analysts at Commerzbank. who also say an International Monetary Fund (IMF) bailout could now be an inevitability for Turkish authorities.

October 13,2020

The Euro-to-Dollar rate could look to retest its early September highs in the coming days during what will be a pivotal week for the outlook on the charts, although corporate earnings season, U.S. stimulus talks, election polls and coronavirus developments are all potential headwinds for the single currency. 

October 13,2020

The Euro-to-Dollar exchange rate rallied on Wednesday as U.S. pre-election politics remained the dominant driver of financial markets although it’s a dearth of homegrown domestic inflation that is the greatest and longer-lived threat to the uptrend in the single currency, Westpac says. 

October 8,2020

A Joe Biden win in the upcoming November presidential election would likely prompt Dollar weakness, while a win for Donald Trump would likely trigger gains for the currency shows new analysis from Goldman Sachs.

October 7,2020

The Euro-to-Dollar rate has proven resilient amid safe-haven demand for the greenback after President Donald Trump contracted the coronavirus, but it could struggle this week if European Central Bank President Christine Lagarde speaks out against it in any of her multiple scheduled speeches.

October 4,2020

The Euro-to-Dollar rate held above the 1.17 handle in a show of resilience Friday after being lifted by the revelation that President Donald Trump has contracted coronavirus and as one-off factors were seen to be behind a worse-than-expected set of Eurozone inflation figures for September. 

October 2,2020