The Euro-to-Dollar exchange rate confirmed the end of its eight-week winning streak on Friday after IHS Markit PMI surveys surprised on the downside and in the process, helped condemn the single currency to a correction from two-year highs, which is expected to play out amid a reound for the greenback. 

August 24,2020

The Euro-to-Dollar rate could see more bouts of profit-taking that serve to draw it further away from recent highs in the weeks ahead, according to strategists at Deutsche Bank and other firms, although analyst forecasts for the single currency still favour a bullish year-end outcome. 

August 20,2020

The Euro-to-Dollar rate was looking for a foothold above earlier technical resistance Wednesday having broken to new highs in the prior session, although parts of the analyst community are increasingly questioning whether it will be able to sustain such lofty heights without setback. 

August 19,2020

The Euro-Dollar exchange rate has recovered earlier weakness to trade at 1.1850 at the start of the new week, if the pair can close in the green on Monday it will have completed five consecutive days of gains which would underpin an improving short-term outlook.

August 17,2020

The Euro-to-Dollar exchange rate was riding high on Thursday amid price action that placed it on course for a retest of August's peak just above 1.19, although an elevated trade-weighted Euro could mean that current levels are the limit of upside for the Euro without adjustments in GBP/USD, USD/JPY and USD/CNH. 

August 13,2020

The Euro-to-Dollar rate was rallying higher Tuesday in moves that may have had more to do with keeping pressure on the Lira than with any bearish outlook for the greenback or brightening Eurozone economic story after the market was drawn into aiding a run on Turkey's currency late in July. 

August 11,2020