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The Euro to Dollar exchange rate rallied towards 1.0750 after firm economic and inflation figures from the Eurozone showed there was no need for the European Central Bank to slash interest rates.
April 30,2024
The Euro to Dollar exchange rate looks at risk of further weakness in the coming five days, particularly if Eurozone inflation data undershoots.
April 29,2024
The Euro is supported by upbeat Eurozone sentiment data and hawkish statements from European Central Bank (ECB) policymakers.
April 26,2024
The Euro to Dollar exchange rate will be better insulated against further weakness after a key German survey showed that the economy had turned a corner.
April 24,2024
The Euro to Dollar exchange rate rallied following the release of a bumper German services PMI print that overshadowed another disappointment in the manufacturing sector.
April 23,2024
The Euro to Dollar exchange rate is forecast to trade at higher levels this week, although the bigger picture remains one of weakness into the 1.05 level.
April 22,2024
The European Central Bank could be forced to raise interest rates again in 2024 should Middle East tensions escalate and energy prices spike, but analysts warn hikes would result in a weaker Euro.
April 19,2024
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