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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 is being backed to advance against the U.S. Dollar through the second half of 2020 by a number of analysts citing the potential for Dollar underperformance in the second half of 2020 as a global economic recovery gains traction.
July 10,2020
The Euro stalled in its advance on the Dollar Thursday after running into technical resistance on the charts and as stock market futures dipped lower across the Atlantic, although the single currency is being tipped for a return to June highs before the week is out.
July 9,2020
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 was trading lower against the Dollar Wednesday as price action took a cautious turn amid international condemnation of China's actions in Hong Kong but the but the downside may be limited because single currency holds an advantage over the Dollar in the race to economic recovery.
July 1,2020
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 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
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