The Euro climbed to its highest level against the Dollar since March on Wednesday amid speculation suggesting a European Central Bank (ECB) cleanup of the Eurozone banking sector could be in the pipeline, while the greenback continued a to unravel.
June 10,2020
The Euro bit its thumb at a recovering greenback Tuesday when it shook off earlier losses and made a fresh advance toward last week's highs and the single currency is increasingly tipped to remain on its front foot in the coming months.
June 9,2020
The Euro rode a wave of optimism to a hat-trick of gains over the Dollar last week and swung back into the black for 2020 in the process but it was halted on Friday by the 200-week moving-average and faces a correction lower over the coming days as the greenback recovers its footing.
June 7,2020
The Euro-to-Dollar rate took a breather from a fortnight-long rally on Friday and could now be due a period of consolidation as investors mull the outlook for the single currency and U.S. greenback, although technical analysts say the exchange rate is still on course for 1.15.
June 5,2020
The Euro-to-Dollar rate upturn was bolstered Thursday amid more signs that European policymakers are beginning to all pull in the same direction, although much about the outlook still depends on the greenback and many analysts still look for a lower Euro by month-end.
June 4,2020
The Euro-to-Dollar exchange rate has embarked on a recovery journey that could ultimately see it hit levels last seen in 2018, but only if the Dollar has finally embarked on a long-term decline.
June 2,2020
The Euro-to-Dollar rate crossed a Rubicon last week and in the process set itself up for further gains that could be aided this week by unrest in the U.S., an upbeat mood in global markets and a likely European Central Bank (ECB) supplement to its support for the Eurozone economy.
May 31,2020
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