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The Euro rose Tuesday as the US Dollar wilted broadly in response to President Donald Trump's attack on the Federal Reserve, but analyst say it could have the legs to go further during coming weeks now that Transatlantic economic momentum is coming back into balance after months of US outperformance.
August 21,2018
The Euro-to-Dollar rate is rebounding higher after having fallen to new year-lows during the recent week, and there are early signs of a reversal in the 2018 downtrend.
August 19,2018
The Euro has started to weaken again following a brief recovery at the start of the week, with the single currency plunging to lows of 1.1365 Wednesay over fears the Turkish debt crisis could ensnare the Eurozone banking sector.
August 15,2018
Foreign exchange strategists with Commonwealth Bank of Australia reckon the Euro exchange rates will not suffer lasting damage from the Turkish financial crisis.
August 13,2018
The Euro-to-US Dollar rate fell sharply at the end of last week after the single currency lost ground due to fears contagion from the Turkish debt crisis could undermine the financial stability of the Eurozone.
August 13,2018
"Trouble in Turkey spurred a stampede into the U.S. currency which powered to fresh highs." - Western Union.
August 11,2018
Large option expiries can move the market and many are expected on Thursday - expiry levels tend to draw the rate back up or down to the level but if the market is too far away there is the possibility of the opposite occurring and 'gamma explosion'
August 9,2018
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