The Euro-to-Dollar exchange rate edged higher on Wednesday and is likely to advance further in the months ahead, according to analysts at Westpac, who say the single currency is “not overvalued” yet and that European Central Bank (ECB) concerns about recent gains might be misplaced.
September 16,2020
The Euro-to-Dollar exchange rate appeared to be swimming against a tide Tuesday as momentum ebbed from the market even after a the September ZEW survey, a widely observed barometer of sentiment on the Eurozone economy, surprised sharply on the upside.
September 16,2020
The Euro-to-Dollar exchange rate went almost nowhere last week as Sterling's losses, weakness in stock markets and European Central Bank (ECB) currency concerns scuppered Europe's unified unit, which was last seen swimming out into deep water with ball and chains around both ankles.
September 13,2020
The Euro-to-Dollar exchange rate beat a further retreat from September 01 highs on Friday after the European Central Bank (ECB) blew hot and cold in its views on currency strength and as a beaten and bruised Pound Sterling exacerbated upward pressure on the trade-weighted single currency, while doing little to constrain EUR/USD.
September 13,2020
Europe's single currency was vying for first place in the major currency league table for the week on Friday after the Euro-to-Dollar rate surged when an already-bullish market was further emboldened by a European Central Bank (ECB) that came across as unconcerned about recent Euro strength in its September policy decision.
September 11,2020
The Euro has turned higher over the course of the past 24 hours as broader Dollar selling eases amidst an improvement in global investor appetite, however the resolve of Euro bulls will tested by the European Central Bank's September policy decision where the currency's recent appreciation will be scrutinised.
September 10,2020
The Euro-to-Dollar rally could be over and an Autumn capitulation that takes it back below 1.15 can't be ruled out the entire time that Brexit trade talks are headed for the rocks and the European Central Bank (ECB) remains concerned about strength in Euro exchange rates.
September 9,2020
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