The Euro to Dollar exchange rate has spent six weeks consolidating within a narrow range  but could attempt a breakout to the up or downside following this Wednesday's Federal Reserve interest rate decision and forecast update.

March 20,2023

The Euro to Dollar exchange rate came close to its new year low at one point this week but would trigger a technical reversal of its six-month recovery trend on the charts in the event of any daily close below the 1.0548 level, according to technical analysis from BofA Global Research.

March 20,2023

The Euro to Dollar exchange rate stalled before remaining buoyant near intraday highs after the European Central Bank (ECB) raised all of its interest rates but said little about how it would proceed through the months ahead, leading to a variety of responses from analysts and economists.

March 18,2023

The Euro to Dollar exchange rate has bounced sharply from the year's lows in recent trade but the balance of directional risk remains tilted to the upside ahead of Thursday's European Central Bank (ECB) interest rate decision owing in part to a sharp repricing of the Federal Reserve (Fed) policy outlook. 

March 15,2023

The Euro to Dollar exchange rate rallied sharply into the new week and could yet rise further up ahead but will also be at risk of setback if U.S. inflation becomes any more of a 'wicked problem' or should the latest interest rate guidance from the European Central Bank (ECB) leave the market dispirited.

March 14,2023

The Euro to Dollar exchange rate led the single currency near to the top of the major currency board for the week and has been tipped as a buy at Nomura ahead of the European Central Bank (ECB) interest rate decision and forecast update for March.

March 10,2023