The Euro-to-Dollar rate lost just more than half a percent last week after Friday's bounce proved too tepid to backfill the downside seen earlier in the week while bearish forecasts are still coming in thick and fast, although Thursday's EU leaders's meeting offers a lingering prospect of recovery in Europe.
April 19,2020
The Euro-to-Dollar rate was steadying Friday following an earlier sell-off although forecasters are increasingly focused on the downside ahead of a European Council meeting that could exacerbate a growing rift in the bloc.
April 18,2020
The Euro-to-Dollar rate outlook has dimmed now the debate over debt mutualisation has opened the door to a renewal of concerns about a possible Eurozone break-up, leading some influential forecasters to doubt the upside that's still baked into market expectations for the single currency this year.
April 15,2020
The Euro-to-Dollar rate received a last minute leg-up heading into the holiday weekend after Eurogroup finance ministers agreed on a package of fiscal support measures for the bloc's economies, although it's facing immediate resistance on the charts and technical analysts say it could now range-trade for a while.
April 12,2020
The Euro-to-Dollar rate was lifted into the holiday weekend on Thursday by a broad downturn in the greenback and mounting hopes that Eurozone finance minister will put differences aside and agree on a mechanism for providing financial life support to members who've been hit hardest by the coronavirus.
April 11,2020
The Euro-to-Dollar rate recovery off last week's lows was called to a halt Wednesday by bad politics at the Eurozone finance minister table, which are stoking existential risks to a single currency that is currently attempting neutralise bearish signals coming off the charts.
April 8,2020
The Euro unwound almost all of its late March rebound against the Dollar last week and the charts are warning of more losses ahead, although weekend confirmation of a broad slowdown in the continental spread of coronavirus could lift risk appetite over the coming days and possibly the Euro-to-Dollar rate too.
April 5,2020
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