Covid outbreak to undermine the euro

The Euro-to-Dollar exchange rate's rejection at the big round number of 1.20 might be a high-water marker for the single currency, which is being tipped to head back to levels last seen in mid-July over coming weeks.

September 3,2020

ECB Lane

The Euro came under pressure following comments from a European Central Bank committee member that suggested authorities were starting to become uncomfortable with the single currency's recent appreciation.

September 3,2020

The Euro-to-Dollar exchange rate rose to its highest level since April 2018 on Tuesday amid further widespread declines in U.S. exchange rates although lower-than-expected inflation figures have served the market a reminder of what is a growing risk to the outlook for the single currency.

September 1,2020

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 rate was volatile on Thursday but the still-intact 2020 rally can edure without the single currency drawing the ire of the European Central Bank (ECB), according to new research from Goldman Sachs, although others see the 1.20 threshold as a bit of a line in the sand for Frankfurt.

September 2,2020

The Euro-to-Dollar exchange rate could be on course to slide below 1.17 according to analysts at ING, who see the Eurozone's period of economic outperformance beginning to fade.

August 26,2020

The Euro drew support on Tuesday from upbeat sentiment among investors, a favourable revision to second-quarter German GDP data and another increase in the Ifo Business Climate index, although analysts are still looking for the Euro-to-Dollar rate to consolidate beneath recent highs.

August 26,2020

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