The Euro to Dollar exchange rate entered the New Year on the back foot but inflation differentials suggest that it would be fairly priced anywhere between 1.0449 and 1.0745 though economic data due out of Europe and the U.S. could test market appetite for the single currency during the week ahead.

January 3,2023

The Euro to Dollar exchange rate reached eight-month highs last week but could struggle for traction this week if profit-taking or book-squaring ahead of the festive holiday leads the speculative market to reduce its exposure to the single currency, which is one of the market's few 'net long' positions. 

December 19,2022

The Euro pared earlier losses against the Dollar and did some of the work driving a rally in EUR/GBP after the European Central Bank (ECB) raised its forecasts for inflation in the Eurozone before writing a hawkish prescription of "significantly" higher borrowing costs in response.

December 15,2022

Inflation surprises

U.S. CPI inflation is due for release at 13:30 BST and risks are skewed towards the upside for EUR/USD.

December 13,2022

The Euro to Dollar exchange rate has held onto much of November gain in early December trade but technical resistances continue to frustrate its path above 1.06 and Tuesday's U.S. inflation data is likely to be decisive of whether it can overcome those obstacles on the charts in the week ahead.  

December 12,2022

Euro and ECB decision

"We think the ECB will surprise hawkishly by hiking by 75bp for the third time in a row," says economist Jan von Gerich at Nordea Bank.

December 9,2022

The lows for the Euro are in the rear-view mirror and the next big move is likely to be higher, says NatWest Markets.

December 8,2022

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