The Euro-to-Dollar rate enters the new week near two-month lows but with a bullish market looking for it to be resuscitated by a Democratic Party win in Tuesday's U.S. election, although the risk is that a surprise victory by President Donald Trump leads it to unravel anew.
November 1,2020
The Euro-to-Dollar rate closed its strongest week since July on Friday but could be vulnerable over the coming days as European Central Bank (ECB) concerns about currency strength are aired amid signs of a possible renewed divergence between Eurozone and U.S. economies.
October 26,2020
The Euro unravelled half of October’s gains last week and could increasingly struggle to keep the Dollar under wraps in the coming days as U.S. election nears, coronavirus spreads on the continent and as investors second-guess the outlook into year-end.
October 18,2020
The Euro-to-Dollar rate could look to retest its early September highs in the coming days during what will be a pivotal week for the outlook on the charts, although corporate earnings season, U.S. stimulus talks, election polls and coronavirus developments are all potential headwinds for the single currency.
October 13,2020
The Euro-to-Dollar rate has proven resilient amid safe-haven demand for the greenback after President Donald Trump contracted the coronavirus, but it could struggle this week if European Central Bank President Christine Lagarde speaks out against it in any of her multiple scheduled speeches.
October 4,2020
The Euro-to-Dollar exchange rate closed its worst week since April on Friday but risks being carried lower still as the first U.S. election debate, a resurgent coronavirus and series of European Central Bank (ECB) speeches test investors’ confidence in earlier wagers on the single currency
September 27,2020
The Euro-to-Dollar exchange rate stalled last week but could be at risk of a turn lower in the coming days as political risks rise from all directions and as a second wave of coronavirus infections brings renewed ‘lockdown’ and an upending of the economic recovery a step closer.
September 20,2020
The Euro-to-Dollar exchange rate went almost nowhere last week as Sterling's losses, weakness in stock markets and European Central Bank (ECB) currency concerns scuppered Europe's unified unit, which was last seen swimming out into deep water with ball and chains around both ankles.
September 13,2020
The Euro-to-Dollar rate came undone alongside other risk assets last week but is widely expected to remain on the defensive ahead of Thursday's policy decision from the European Central Bank (ECB), which has voiced concerns about the recent strength of the single currency and could now attempt to squash its rally.
September 7,2020
The Euro-to-Dollar exchange rate returned to its front foot last week and could attempt to better its existing two-year high in the coming days if bearish sentiment toward the U.S. greenback builds further, although Europe's unified unit might risk becoming a bit of a laggard among other major currencies.
August 30,2020
The Euro-to-Dollar exchange rate confirmed the end of its eight-week winning streak on Friday after IHS Markit PMI surveys surprised on the downside and in the process, helped condemn the single currency to a correction from two-year highs, which is expected to play out amid a reound for the greenback.
August 24,2020
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 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
The Euro-to-Dollar rate closed more than two percent higher for the week on Friday after its strongest performance since the March liquidity crisis but could be tested in the coming week by a greenback that's heavily oversold and risk appetite that's softening amid multiple threats to the global recovery.
July 26,2020
The Euro-to-Dollar rate enters the new week in a position of vulnerability as European leaders' negotiations over the EU recovery fund were set to end without agreement despite two significant compromises having been tabled, threatening appetite for the single currency.
July 19,2020
The Euro-to-Dollar exchange rate has remained on its front foot in July and will have an opportunity to recover further lost ground during the week ahead but the single currency must first navigate second-quarter corporate earnings results and an important European Council meeting on Friday.
July 12,2020
The Euro-to-Dollar exchange rate edged higher last week but is vulnerable to market disappointment over the EU recovery fund in the coming days and for this reason may even be given a wide berth by investors before Friday's meeting of finance ministers.
July 5,2020
The Euro rally has been restrained by a swelling second wave of coronavirus in the U.S. and a growing global pandemic but Europe's comparative success in containing the disease could make the Euro-to-Dollar rate a wild card in a world where investors are beginning to seek safety again.
June 28,2020
The Euro retreated further from three-month highs last week as it undeperformed and the greenback steadied amid a risk-averse shift in financial markets that could weigh further on the single currency in the coming days.
June 21,2020
The Euro-to-Dollar rate enters the new week on the defensive and with risk appetite in the driving seat ahead of Thursday's European Council meeting from which investors hope to see movement toward a compromise on coronavirus recovery fund proposals.
June 14,2020
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