16 November 2020 EU Budget Row: Euro Would be at Risk if Bickering Extends Beyond Key Dec. Summit

A fundamental pillar of support for the Euro in 2020 has been an expectation for European Union member states to come together and agree a joined-up approach to funding the response to, and the rec…

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15 November 2020 Euro-Dollar Week Ahead Forecast: "Sell EUR/USD in to Year-end" - Nordea

  The Euro-to-Dollar rate could be vulnerable to a  correction this week as European Central Bank (ECB) President Christine Lagarde delivers multiple speeches against a darkening economi…

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13 November 2020 Turkish Lira Draws Buyers as CBRT Decision Looms and Market Hopes for Policy Pivot

The Lira advanced against major currencies on Friday with the Turkish unit having won new advocates within the analyst community ahead of next week's central bank interest rate decision, which the …

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13 November 2020 Euro-Dollar Rate Supported by GDP Data and Firming Stock Markets

The Euro-to-Dollar rate rose with stocks and other risk currencies Friday having overlooked an underwhelming third-quarter GDP report that showed the Eurozone recovering faster than the neighbourin…

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12 November 2020 Euro-Dollar Forecasts Lifted On Vaccine Progress but Upside Seen as Limited

The Euro-to-Dollar rate was nursing losses early on Thursday and could spend the coming months confined to a narrow range, according to new and upgraded forecasts from Rabobank, as concer…

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11 November 2020 Turkish Lira Resurgent as Market Cheers Hints of Reform, but Does It Suffer from Selective Hearing?

Turkey's troubled Lira was on course for its best week since the middle of 2018 on Wednesday after remarks from President Recep Tayyip Erdogan seemingly suggested that large interest rate hikes are…

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10 November 2020 Euro-Dollar Rate Can Hit 1.20 before End-November: Soc Gen

The Euro has proven to be an unexpected loser of the positive investor sentiment triggered by news Pfizer had succeeded in developing a vaccine that is able to protect against Covid-19 infection, b…

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