Foreign exchange rates

The Euro has been under pressure against the US Dollar since April, but we are told that the EUR/USD exchange rate is still likely to end the year higher than at current levels.

June 20,2018

The Euro-to-Dollar rate is "attractive" at current levels, according to strategists at Morgan Stanley, who are arguing that the recent sell-off sparked by the European Central Bank (ECB) last week has left the single currency positioned for a strong recovery over the longer term. 

June 19,2018

ECB Draghi

Euro exchange rates were seen under pressure on Tuesday, June 19 following an address by European Central Bank President Mario Draghi to the ECB's Forum on Central Banking currently underway in Sintra, Portugal.

June 19,2018

The Euro-to-Dollar rate edged higher Monday after drawing a line under last week's violent sell-off but its broader direction this week will be determined by whether Mario Draghi sticks with the new interest rate message at the European Central Bank conference in Sintra, or if he now attempts to put genie back in the bottle.

June 18,2018

Draghi in focus for EURUSD this week

Technical studies suggest the EUR/USD conversion is liable to head lower while moves could be dictated by comments made in Sintra, Portugal this coming week.

June 17,2018

The Euro-to-Dollar rate has dimmed this week after the European Central Bank quashed market hopes of an initial Eurozone interest rate rise in June 2019, leading a long line of currency strategists to downgrade their forecasts for the single currency. 

June 15,2018

The Euro slumped Thursday after the European Central Bank surprised markets by announcing an eagerly awaited end to its quantitative easing (QE) programme while quashing market hopes of an initial Eurozone interest rate rise in July 2019.

June 15,2018

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