The Euro-to-Dollar rate was testing support on the charts Wednesday and could now find gains are harder to accrue given recent volatility has cleared out ‘short’ positions that had leaned against it for so long previously, although it's tipped to retain an upside bias in the weeks ahead.
March 18,2020
The Euro-to-Dollar rate closed its worst week since the election of President Donald Trump on Friday after suffering a more-than 2% loss but it's tipped by multiple analysts to outperform in the week ahead as national coronavirus 'epidemic curves' rise in major economies.
March 15,2020
The Euro-to-Dollar rate was digesting a European Commission coronavirus response package Friday but strategists at ING say the exchange rate will be a “1.15+” story if the Federal Reserve (Fed) launches a new quantitative easing program, and others say “QE4” is already here.
March 13,2020
The Euro-to-Dollar rate whip-sawed Thursday after the European Central Bank (ECB) announced a "comprehensive package" of measures to support an already struggling economy as authorities battle against a coronavirus epidemic, but volatility has since given way to heavy selling of the single currency
March 13,2020
The Euro was in retreat from the Dollar Thursday as attention turned to the March policy announcement of the European Central Bank (ECB), with many expecting a sizeable response to the growing coronavirus crisis that is increasingly hampering day-to-day life across the continent and threatening an already-weak economy.
March 12,2020
The Euro-to-Dollar rate softened Tuesday as calm returned to markets ahead of an anticipated stimulus announcement from the U.S. although forecasts for the exchange rate have been upgraded by strategists at Nordea Markets, who see the single currency as a likely beneficiary of a reduction of Dollar hedging costs.
March 11,2020
The Euro-to-Dollar rate rose more than two percent last week and overcame two key technical obstacles in the process which has now left it with a clear path toward year-long highs, although it's not yet clear what impact the Italian government's quarantine of millions of its citizens will have on the exchange rate.
March 8,2020
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