The euro-dollar exchange rate remains hostage to geopolitical developments rather than central bank policy, with UniCredit warning that the ECB is unlikely to be the primary driver in the near term…
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The euro-dollar exchange rate starts the new week with a spring in its step, rising to 1.1740, with all eyes on upcoming central bank decisions.
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Rising Eurozone interest rates relative to the U.S. should underpin the euro-dollar exchange rate.
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Euro-dollar exchange rate could be on course to test 1.16 again, but buying interest is hard to extinguish.
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An outright bullish call on the euro-dollar exchange rate is sounded this Friday.
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Analysts at Morgan Stanley say the pathway to broad dollar weakness is widening, not narrowing.
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Strategists at Société Générale are out with a note Tuesday saying the euro-dollar exchange rate looks to be on the march back to 1.20.
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