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The Euro to Dollar exchange rate is on course to hit the 1.04 mark, according to analysis that follows the USD's jump in the wake of U.S. inflation data for January.
February 14,2024
The Euro to Dollar exchange rate has been under pressure in 2024 but is unlikely to break below 1.0723 in the coming week unless we receive a blow-out U.S. inflation report.
February 12,2024
The Euro is considered among the most vulnerable to a persistently strong Dollar.
February 8,2024
The U.S. dollar pulled back against all its major counterparts on Tuesday, with the main gainers being the kiwi, the aussie, the pound and the yen in that order.
February 7,2024
The Euro endured its worst January performance since 2015 after declining by 2.2% against the U.S. dollar, yet further losses are likely, according to leading investment banks.
February 6,2024
Euro-Dollar is trending lower and the balance of probabilities favours another weekly loss for the exchange rate as markets factor in a delayed start to the Federal Reserve's interest rate cutting cycle.
February 5,2024
The Dollar was softer following the release of U.S. ADP employment data which indicated slowing U.S. employment, adding to dovish Fed rate sentiment ahead of the Federal Reserve interest rate decision.
January 31,2024
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