The Euro-to-Dollar rate upturn was bolstered Thursday amid more signs that European policymakers are beginning to all pull in the same direction, although much about the outlook still depends on the greenback and many analysts still look for a lower Euro by month-end.
June 4,2020
The Euro-to-Dollar exchange rate has embarked on a recovery journey that could ultimately see it hit levels last seen in 2018, but only if the Dollar has finally embarked on a long-term decline.
June 2,2020
The Euro-to-Dollar rate crossed a Rubicon last week and in the process set itself up for further gains that could be aided this week by unrest in the U.S., an upbeat mood in global markets and a likely European Central Bank (ECB) supplement to its support for the Eurozone economy.
May 31,2020
The Euro-to-Dollar rate rose in the final session of the week, making for five back-to-back days of gains that may have been aided in final hours as a collection of voices and participants threw in the towel on bearish forecasts and wagers against the single currency.
June 1,2020
The Euro was trading softer on Thursday but had held above the 1.10 handle that's often proven an impediment to gains by the single currency in the recent past, although the road ahead is bumpy and could see appetite for the Euro tested by both the European Central Bank (ECB) and EU politics.
May 28,2020
The Euro-to-Dollar crossed a de facto Rubicon Wednesday as the market welcomed European Commission proposals on the financing of a coronavirus recovery fund, although the analysts community is divided in its views on the outlook and some have warned that the Euro could soon reverse course.
May 27,2020
The Euro-to-Dollar rate recovered the 1.09 handle and was aiming higher on Tuesday but faces technical resistance immediately overhead and is still being tipped to for notable losses in the weeks ahead, which will see the single currency burdened by a powder keg of political and economic risks.
May 26,2020
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