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The Euro to Dollar exchange rate (EUR/USD) looks fatigued following its blistering rally, but it might not yet be ready to top out just yet.
August 23,2024
New survey data shows the Eurozone economy outperformed expectations in August, but forward-looking elements of the latest Purchasing Managers Index (PMI) report warn of a slowdown.
August 22,2024
The Euro to Dollar exchange rate could be set for another boost if this week's release of Eurozone PMI's confirm economic improvements.
August 20,2024
The Euro to Dollar exchange rate's (EUR/USD) rally is likely to extend, according to a new technical analysis from Société Générale.
August 19,2024
The Euro to Dollar exchange rate has overcome meaningful resistance on the charts and could erode another key level in the days ahead, which would signal scope for an eventual return to last December’s high at 1.1140 and potentially even a recovery above there in the medium or longer-term.
August 19,2024
The Euro to Dollar exchange rate has recovered the 1.10 handle and tested an important resistance level on the charts but strategists at ING say it could have scope to advance toward 1.12 into quarter-end.
August 15,2024
The Euro to Dollar exchange rate has consolidated its early August gains in recent trade but it could have scope to decisively overcome nearby resistance around 1.0935 and approach the 1.10 handle in the days ahead.
August 12,2024
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
