The Euro-to-Dollar rate softened Tuesday as calm returned to markets ahead of an anticipated stimulus announcement from the U.S. although forecasts for the exchange rate have been upgraded by strategists at Nordea Markets, who see the single currency as a likely beneficiary of a reduction of Dollar hedging costs. 

March 11,2020

The Euro-to-Dollar rate rose more than two percent last week and overcame two key technical obstacles in the process which has now left it with a clear path toward year-long highs, although it's not yet clear what impact the Italian government's quarantine of millions of its citizens will have on the exchange rate. 

March 8,2020

The Euro-to-Dollar rate spiked again on Friday amid fresh coronavirus related pandemonium in financial markets ahead of the weekend, taking out technical resistance near the 1.12 handle and setting course for fresh highs in moves that are likely to alarm the European Central Bank (ECB).

March 6,2020

The Euro exchange rate complex has been a standout performer in the global FX space since markets caught the coronavirus bug and drastically sold off in the final week of February, and yet further gains are possible as economists warn next week's European Central Bank meeting will disappoint.

March 5,2020

The Euro-to-Dollar rate sagged amid broad underperformance by the single currency on Wednesday after coronavirus was reported to have compelled the closure of all Italian schools and as calm returned to financial markets elsewhere, although the outlook is beset by seismic uncertainties and upside risks are dominating.

March 4,2020

A leading technical analyst says the Euro's run higher against the Dollar is due a pause, and the exchange rate's recent 7-day rally has reached a critical juncture.

March 3,2020