05 August 2020 Strong Eurozone Retail Sales Underpin Euro's Improved Outlook, but Euro-Dollar Rally Could be Over for Now say some Analysts

A strong set of Eurozone retail sales for the month of June suggest the recovery in the bloc retains a v-shaped feel, the kind of pattern that has lead investors to bid the value of the Euro higher…

Read more … →
04 August 2020 Euro-Dollar Looks for Foothold above 1.17 as U.S. Services Data Looms 

The Euro-to-Dollar rate was higher on the day and looking to establish a foothold above 1.17 Tuesday as earlier selling of the greenback resumed following better-than-expected American manufacturin…

Read more … →
02 August 2020 Euro-to-Dollar Week Ahead: Running on Fumes and Risking a Correction amid Virus Resurgence

The Euro-to-Dollar rate could consolidate this week and may even see a correction over the coming days after an extended rally left it deep in overbought territory on the charts as the transatlanti…

Read more … →
31 July 2020 Euro-to-Dollar Rate Underperforms after Inflation Stirs, GDP Misses and USD Bears Retreat

The Euro-to-Dollar rate was underperforming Friday, prompting the single currency lower against most major counterparts after a volley of economic data surprised on the downside and as investors ap…

Read more … →
31 July 2020 Euro-Dollar "is Already Tickling" 1.19, 1.20 in Reach says Analyst

The Euro's strength against a struggling U.S. Dollar looks set to extend ahead of the weekend, with the market looking to test 1.19.

Read more … →
30 July 2020 Euro in Rare Setback after Germany's Coronavirus Wounds Weigh on Growth Figures

The Euro was in retreat from the Dollar Thursday after Germany's Destatis revealed a larger-than-expected second-quarter economic contraction amid deepening losses in European stock markets.&n…

Read more … →
29 July 2020 Euro Strength Risks Drawing ECB Ire

The Euro-to-Dollar recovered its footing on Wednesday before attempting the better its earlier highs by the rally is increasingly at risk of being called to a halt by the European Central Bank (ECB…

Read more … →