The Euro-to-Dollar rate is defying gravity after several times recovering back above the 1.08 support level before a daily close last week, but the single currency is besieged by risk on all fronts that could push it back toward 2020 lows in the coming days ahead of even further losses in the weeks ahead.

May 18,2020

The Euro-to-Dollar rate stalled Friday after Germany slipped into recession earlier than was expected while fresh tensions between the U.S. and China threaten the global economic recovery, which could dominate the outlook for both the greenback and single currency up ahead.

May 17,2020

The Euro is being tipped to remain subdued through the remainder of 2020 as a long-awaited recovery against the Dollar is put on hold by a ruling in a German court over European Central Bank policy, that will ultimately restrain the central bank's ability to fully support the Eurozone economy.

May 14,2020

The Euro-to-Dollar rate stabilised ahead of the weekend and is now tipped by technical analysts to target the top of its April range over the coming days, although the upside for the exchange rate could be limited by increasing political headwinds on the continent.

May 10,2020

The Euro was in retreat Wednesday and despite earlier downgrades to expectations, the market consensus was again under threat from political risk, although this time coming from Karlsruhe and Frankfurt and involving a spat that could sabotage the European Central Bank (ECB) crisis response.

May 6,2020

The Euro-to-Dollar rate slumped on Tuesday and expectations were mounting for more downside on the road ahead after a court ruling stoked uncertainty about whether Germany will be able to continue participating in the European Central Bank (ECB) quantitative easing (QE) programme.  

May 5,2020