The pullback in the Euro has further to run with strategists at Rabobank saying currency markets have further adjustments to make on account of the Federal Reserve's message on interest rates.
February 16,2023
GBP/USD forecasts at Wells Fargo show 1.26 on horizon, EUR/USD to stay near current levels until H2.
February 14,2023
EUR/USD tests technical support at 1.0679 on charts, risks deeper corrective setback to 1.0535 short-term.
February 14,2023
A leading foreign exchange analyst says that EUR/USD has peaked for now, unless the Eurozone's energy crisis can be truly considered solved.
February 9,2023
The Euro to Dollar exchange rate was turned away from 10-month highs last week, leaving the outlook hanging in the balance and meaning it might be fortunate if able to avert further declines over the coming days.
February 7,2023
The Euro to Dollar exchange rate tumbled ahead of the weekend but would likely retain an upward bias for as long as it remains above the nearby 1.08 handle and could as fall as far as 1.06 following any loss of the aforementioned level, according to TD Securities.
February 6,2023
The Euro to Dollar exchange rate entered the new week at nine-month highs and with scope for an extended recovery above above 1.09 and toward the 1.10 handle as a more benign global economic backdrop and hawkish European Central Bank (ECB) policy stance benefit the single currency.
January 26,2023
The Federal Reserve is on course to cut interest rates as early as mid-2023 according to new research and the Euro will appreciate "significantly" against the Dollar as a result.
January 20,2023
Barclays has raised its forecasts for the Euro to Dollar exchange rate in 2023 but warns the pair could yet end the first quarter lower than at current levels.
January 13,2023
The Euro to Dollar exchange rate entered the new week supported by a rising global market tide that could see nine-month highs around 1.08 traded over the coming days but Thursday's U.S. inflation figures are a potential banana skin for the single currency.
January 10,2023
The Euro to Dollar exchange rate reached eight-month highs last week but could struggle for traction this week if profit-taking or book-squaring ahead of the festive holiday leads the speculative market to reduce its exposure to the single currency, which is one of the market's few 'net long' positions.
December 19,2022
The Euro to Dollar exchange rate has held onto much of November gain in early December trade but technical resistances continue to frustrate its path above 1.06 and Tuesday's U.S. inflation data is likely to be decisive of whether it can overcome those obstacles on the charts in the week ahead.
December 12,2022
The lows for the Euro are in the rear-view mirror and the next big move is likely to be higher, says NatWest Markets.
December 8,2022
December 6,2022
The Euro to Dollar exchange rate entered the new week on the front foot with help from a rallying Renminbi but would risk being frustrated in its recovery by a nearby thicket of technical resistances on the charts in the absence of a further significant setback for the Dollar over the coming days.
December 5,2022
Italy's UniCredit Bank is betting on a renaissance in the Euro through 2023, particularly against the Dollar and Swiss franc.
November 30,2022
The Euro to Dollar exchange rate (EUR/USD) is being tipped to advance over the course of December, a traditionally strong month for this pair.
November 29,2022
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