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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 exchange rate complex pared its recent advance against the Dollar and other major currencies, including the British Pound, on news the U.S. administration was looking to levy fresh import duties on European Union goods.
June 24,2020
The Euro-to-Dollar rate built on earlier gains Tuesday after IHS Markit surveys pointed to a strong rebound in manufacturing and services activity for the month of June, although economists have urged caution, warning that the results give a misleading impression of conditions in the Eurozone economy.
June 23,2020
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 crumbled and bond markets rallied Friday amid disappointment over the lack of consensus that emerged from a video meeting of European Union leaders who kicked the coronavirus can into July.
June 19,2020
The Euro-to-Dollar exchange rate is being tipped to head higher by analysts at Wall Street investment bank Morgan Stanley, who say the covid-19 economic crisis has reset the global economy and leaves investors at the start of a new cycle.
June 18,2020
The Euro crumbled in a risk hungry market Wednesday ahead of an important meeting of European Union leaders and as the Dollar showed signs of stabilisation, leading ABN Amro to call time on the single currency's rally.
June 17,2020
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