There has been a noticeable increase in foreign exchange strategists at the world's major financial institutions and investment banks looking for a fall in the Euro-Dollar exchange rate over the short-term, although most still see weakness as ultimately short-lived in duration.
August 11,2020
The Euro-to-Dollar exchange rate clocked its seventh weekly gain Friday but will be volatile this week amid a possible tussle between Turkish authorities and the market as well as various headwinds to investor risk appetite.
August 9,2020
The Euro-to-Dollar rate tumbled Friday in moves widely attributed to rising geopolitical tensions, risk aversion and profit-taking ahead of the weekend, although losses could build next week and volatility increase if the Turkish Lira's latest tumble is indicative of another another currency war brewing.
August 7,2020
The Euro was edging lower from more than two-year highs Thursday as the Dollar steadied although backers of Europe's single currency are turning cautious even after Germany factories put an upgrade to second-quarter GDP on the table, with many now anticipating a correction lower.
August 6,2020
A strong set of Eurozone retail sales for the month of June suggest the recovery in the bloc retains a v-shaped feel, the kind of pattern that has lead investors to bid the value of the Euro higher over recent weeks.
August 5,2020
The Euro-to-Dollar rate was higher on the day and looking to establish a foothold above 1.17 Tuesday as earlier selling of the greenback resumed following better-than-expected American manufacturing data, but ahead of an important services industry survey due on Wednesday.
August 4,2020
The Euro-to-Dollar rate could consolidate this week and may even see a correction over the coming days after an extended rally left it deep in overbought territory on the charts as the transatlantic coronavirus tables show signs of turning.
August 4,2020
Page 119 of 262
