The Euro may have been saved from a deeper sell-off higher Tuesday after the January Leibniz Centre for European Economic Research (ZEW) survey showed corporate confidence recovering notably in the wake of this month's 'phase one deal' to suspend the trade war between the U.S. and China.
January 21,2020
The Euro-to-Dollar exchange rate has fallen back into the 1.10s as its 2020 decline extends further, however weakness is expected to be a short-term phenomenon according to a number of analysts we follow.
January 22,2020
The Euro ceded ground to the Dollar and underperformed many major rivals last week although the charts suggest a further sell-off cannot be ruled out for the days ahead, which will also see the single currency tested by European Central Bank (ECB) rhetoric and IHS Markit PMI surveys.
January 20,2020
The Euro was under pressure Friday as the Dollar strengthened in response to signs the U.S. economic backdrop is not quite as downbeat as some had feared although the single currency is at increasing risk from a trade conflict between the U.S. and European Union.
January 19,2020
The Euro advanced strongly on the Dollar early last week but was lower against its almighty rival by the close on Friday, although it's now near to a key support level on the charts and will driven mostly in the coming days by economic data and other developments on the opposite side of the Atlantic.
January 13,2020
Euro exchange rates advanced Thursday following the release of data that shows the decline in Germany's industrial sector might be bottoming out, paving the way for a potential recovery in the Eurozone's industrial heart in 2020.
January 9,2020
Volatility in the Euro-to-Dollar exchange rate has spiked over the past 24 hours after the Dollar rose sharply in response to some better-than-forecast U.S. data, and in the process drove the EUR/USD down half a percent.
January 8,2020
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