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The Euro to Dollar exchange rate risks further losses this week as the technical setup breaks down, and it will only be on Friday when a potential market-shifting U.S. PCE inflation figure is released.
March 25,2024
The Dollar fell sharply after the Federal Reserve delivered what markets interpreted as a 'dovish' policy update midweek that raised the odds of a June interest rate cut.
March 21,2024
The Euro was softer against the Dollar and other major currencies after the President of the European Central Bank (ECB) raised the odds of a June interest rate cut.
March 20,2024
Confidence in the European rebound story is growing; on Tuesday Bank of America said its much-watched fund manager survey found "rising confidence in a European growth reacceleration".
March 19,2024
The Euro's rebound against the Dollar appears to have run its course and downside impulses are expected during the coming week, particularly if Wednesday's Federal Reserve decision proves hawkish.
March 18,2024
Analysts at SEB, the Scandinavian lender and investment bank, say we are approaching the time for a EUR/USD breakout to lower levels.
March 15,2024
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