The Euro is being tipped to remain subdued through the remainder of 2020 as a long-awaited recovery against the Dollar is put on hold by a ruling in a German court over European Central Bank policy, that will ultimately restrain the central bank's ability to fully support the Eurozone economy.
May 14,2020
The Euro-to-Dollar rate stabilised ahead of the weekend and is now tipped by technical analysts to target the top of its April range over the coming days, although the upside for the exchange rate could be limited by increasing political headwinds on the continent.
May 10,2020
The Euro was in retreat Wednesday and despite earlier downgrades to expectations, the market consensus was again under threat from political risk, although this time coming from Karlsruhe and Frankfurt and involving a spat that could sabotage the European Central Bank (ECB) crisis response.
May 6,2020
The Euro-to-Dollar rate slumped on Tuesday and expectations were mounting for more downside on the road ahead after a court ruling stoked uncertainty about whether Germany will be able to continue participating in the European Central Bank (ECB) quantitative easing (QE) programme.
May 5,2020
The Euro-to-Dollar rate entered the new month on its front foot last week even as the market mood soured again and some technical analysts say it has scope to rise further in the days ahead, although others are wary of a possible rebound of the Dollar.
May 3,2020
The Euro swung back into the black in choppy month-end trading Thursday and 'periphery' bond markets were rising following the April European Central Bank (ECB) press conference, potentially suggesting lesser concern among investors about financial stability in Southern Europe.
April 30,2020
The Euro-to-Dollar rate was edging higher Thursday following the initial estimates of first-quarter GDP data from across the Eurozone and ahead of the April monetary policy decision and press conference from the European Central Bank (ECB).
April 30,2020
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